[bee_rider]

I mean, they have to buy the land for the parking lot, so it does get priced in.

But we should also have a Land Value Tax to push people toward using it more productively.

[vel0city]

The Land Value Tax on that site would still have been incredibly low and probably still justify paving a parking lot. It is a toxic superfund site way out in the boonies. You're not going to develop some kind of dense mixed use town center in that space anytime soon.