Quote:
Originally Posted by Crawford
HFZ paid over $800 million for the site, which may be the highest price ever paid for a residential development site anywhere.
And they promised something iconic and architecturally significant, so I have very high expectations for the site. With the amount they paid, they will definitely shoot for a superluxury tower.
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Do you have a source for the $800 million figure? I thought it was a bit cheaper. Anyhow, looking forward to hearing their plans for the site as the $600- $800 mil price tag is quite stretching it IMO!