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From the Seattle Times – $26 million sought to buy land for portion of Eastside rail corridor

This transit story from the Seattle Times illustrates the land value for a soon to be abandoned rail lines, which with the current railway land deal, amounts toAi??Ai??slightly over $1 million a mile or about $0.6 million/km. A local example would be the Arbutus Corridor, which using the same formula as used in Seattle, would [...]