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Fence Put Up Around Vacant Lot on Federal and Republican, Site of Proposed New Park

I woke up this morning to see workers putting in a fence around the vacant lot on Federal and Republican, the site of a proposed new park.  It’s quite an eyesore and makes the neighborhood look pretty trashy. I wonder if this suggests that the current owners are digging in their heels and planning to hold out until the real estate market recovers rather than selling the land to the city to make a park? 

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