Redevelopment has two sides.

"The $44 million apartment project will cost an average of $477,743 per unit, 90 percent of which will be paid by taxpayers. That's twice what private developers say they're spending to develop high-end apartments in the city today." read more...

Saw this article today on affordable housing developments in San Diego. You may remember several months ago the Council fulfilled it's obligation to farmworker housing and paid over $400,000 per unit to an affordable housing developer for the Central Station Townhomes at Main and Mountain View.