Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

[San Francisco] MTC building price soars to $218 million
sfgate.com ^ | Thursday, November 29, 2012 | Michael Cabanatuan and John Coté

Posted on 11/29/2012 2:09:40 PM PST by Lonely Bull

(11-29) 12:56 PST San Francisco -- Things are looking up for the Metropolitan Transportation Commission's controversial plan to transform the old tank factory and postal facility at 390 Main St. into a suitable place for regional agencies to cohabit - particularly the price tag.

The estimated cost now stands at $218 million, which is $38 million higher than the original estimate from July 2011 but $51 million more than the most recent estimate, adopted in November 2011. (The projected cost fell after the agency bought the building at a lower price.)

(Excerpt) Read more at sfgate.com ...


TOPICS: Government; News/Current Events; US: California
KEYWORDS: building; million; mtc; price; sanfrancisco; soars

1 posted on 11/29/2012 2:09:46 PM PST by Lonely Bull
[ Post Reply | Private Reply | View Replies]

To: Lonely Bull

Kalipornia property prices are going up? While their economy crashes?

How does that work?

Or is the government the buyer and the price doesn’t matter because its not their money?


2 posted on 11/29/2012 2:15:09 PM PST by GeronL (http://asspos.blogspot.com)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Lonely Bull

Another “Big Dig: in the making.


3 posted on 11/29/2012 2:26:56 PM PST by Rashputin (Jesus Christ doesn't evacuate His troops, He leads them to victory.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: GeronL
Kalipornia property prices are going up?

No, just more government waste happening. That property is prime real estate a few blocks from the waterfront amidst fancy restaurants and tourist atteactions (Giants AT&T Park is nearby). I know because I worked a couple blocks from there for many years. They could have chosen other sites a mile away and easily halved the cost. But these administrators will not be denied their luxury digs and fancy lunches.

4 posted on 11/29/2012 2:49:29 PM PST by roadcat
[ Post Reply | Private Reply | To 2 | View Replies]

To: Lonely Bull

Mark my words,- it’ll be a cool half billion before the ribbon is cut.


5 posted on 11/29/2012 2:54:39 PM PST by RedStateRocker (Nuke Mecca, Deport all illegals, abolish the IRS, DEA and ATF.)
[ Post Reply | Private Reply | To 1 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson