No one wants to build in that hood
Don’t count on it. If they can get the land cheap and through eminent domain, there is probably a crony consortium aligned with government and Agenda 21 people that will foist some re-development onto the city. In fact, that would be a perfect spot for a revitalization project with apartments over first floor businesses and government offices. Please understand that local and federal tax money will be funding it so it will not have to be viable or profitable (think high speed rail).