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Prime inner-city real estate, clogged with a profligate underclass, can now be freed for redevelopment by interested parties.
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However, the Bulls chairman rejected the idea that the club was preparing to move out of its home ground to leave it free for potential redevelopment.
In 1983, the Carters said, they gave away 108 and 112 Wooster Street to 23 of the residents on the seven-building site, consolidating tenants and freeing up the rest of the property for redevelopment.
ABP told the museum team it was withdrawing the offer of a long-term lease, in case the ferry terminal has to be moved to free up the land around its existing base at Town Quay for redevelopment.
The reduction of parking space alone could free up a vast amount of land currently devoted to parking for redevelopment into more productive uses.
Nineteen blocks were candidates for redevelopment.
The Potomac waterfront has become a focus for redevelopment.
The south end is being prepared for redevelopment and parkland.
The earliest plans for redevelopment date to 1953.
Behind Westlake Tower are low-rise buildings ripe for redevelopment.
The long-term prospects for redevelopment are very good".
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