Quote:
Originally Posted by Boreas
There may be other reasons but, yes, that's really expensive land. I suspect it's about as expensive as it gets.
John
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[EDITED-disregard previous version]
OK, figuring a 60' wide corridor, that's something like 316,000 sq ft/mile, which at $250 M/mile, makes about $789 per sq ft. Not outlandish for urban land, esp if you also have to buy and demolish improvements.