Disclaimer: I know nothing about this sort of thing, just doing some napkin math.
$15 billion for 15,000 homes is about a million dollars a home?
Sounds... high. Especially when you're talking about multi-unit, higher density housing.
$15 billion for 15,000 homes is about a million dollars a home?
Sounds... high. Especially when you're talking about multi-unit, higher density housing.
> Sounds... high
It would be high for that, but it wasn't $15 billion for 15,000 homes, it was $15 billion for a Google office expansion plus development of “residential, retail, hospitality, and community development space,”, the residential component of which would have included 15,000 homes.
For example, a library project is occurring where the developer is getting the land for basically free, and building apartments on the land, but also paying most of the cost of the library.
https://abc7news.com/sf-bathrooms-noe-valley-public-toilet-1...
Wow
Apparently it went down in price. But my only comment for the "put it to better use" would be that if a toilet is 1.7m, then anything else will consume 1.7m for just the meetings on what the alternative would be.