Now, we have another potential developer profit-making deal in the works – this time involving the biggest parcel of land in our downtown – on OUR public land; our 2.5 acres at 4th/5th and Arizona.
The developers are two real estate investment firms skilled in finding undervalued properties, getting approvals to develop them, and then selling their interests, profiting and moving on.
Read More: https://www.smdp.com/the-plaza-a-very-bad-deal-for-the-city-and-its-residents/194768