Bay Meadows "an upscale shopping and residential site"

[joeydb]

Yeah I am a capitalist too, but all I am saying is that the worth of large parcels of land near large population is a very high bar for ANY business to reach.

I live near Philly, and if it wasn't bought by the Park Service, Independence Hall would have been replaced by a multistory office building a long time ago.

The thing that really caught my eye is that Bay Meadows is still, currently, a pile of uncleared rubble. It wasn't completed as a shopping district last I heard, and Steve just talked about that maybe a month and a half ago.