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I was wondering how these developers can even afford to develop land like that and my developer friend said because they bought the land for so cheap (compared to today's standards) they can stomach the construction costs. He said it would be impossible to build a development like that today if they had to buy the land at current market price.
So he said people should be thankful there are developers like concord and the other major developers that are here because if they didn't have the land from back in the day, there wouldn't be these big projects that we have.
I think that's a pretty strong endorsement for these big developers, people always make it seem like they're the big bad wolf, but they're actually quite productive for our city.
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