meets just south of down town Atl).   

For some reason, I thought the former US steel site was near the Illinois / Indiana border, not downtown Chicago, but I must have been mistaken.Is the project going to be on the Chicago Riverwalk, as your picture indicates?

@Jaron Walling It's between downtown and the Speedway.

But it's not in walking distance to hospitals or downtown.

Expensive also.. you can move out of the downtown core towards N Charleston and summerville and things get less expensive.

It's easy to speculate without having any first hand knowledge of the area, but with the way the home values and rents in neighborhoods like Ohio City and Tremont have skyrocketed over the last 10-20 years and the way downtown Cleveland is growing, I think long term this is a good area to invest in personally.  

So I’m sticking with my strategy investing in working class hoods near major freeways and downtowns.

The average price per land for urban infill going 6-12 stories high on a higher density product is about 5 million an acre up to about 25 million an acre. downtown market premiums I've seen at the highest are 1200 a sq ft. in columbus you can get land about 1.5 million per acre downtown at best price, sells for about 600 a sq ft max, very little competition compared to miami. tampa I didn't really look at too much because miami has 22 zip codes that you can build at least 6 or 8 stories on and just a much better landscape than other markets. tampa is a little bit bigger than columbus but in my opinion more of a suburban market. miami is landlocked and very limited so everything is in redevelopment. both are amazing opportunities but the barrier to entry is much higher in Miami with the smallest plots of land infill going for at least 1.5 million I would say in areas like Wynwood Norte, Wynwood, etc. we looked all over but prefer east of 95 due to the condominium opportunities. multifamily is very strong in both markets but the condo premiums make it almost silly not to do one from the start and the use of deposits versus a single asset lease up and disposition is a longer sales cycle than the condo buildings being sold out prior to completion.

Anything that has an attractive price in 32206 or 32209 is either in a D class neighbhorhood and/or a property that needs significant rehab.The further you go from the center of downtown, the more likely the property is in a better class neighborhood.The exception being springfield where it is close to downtown but considered a good neighborhood.

The downtown area has also seen a lot of recent revitalization, making it more attractive for new tenants, and housing prices are still relatively low compared to other markets.