A prime one-acre site, with permission already granted for demolition and construction of a new complex, it could conceivably go as high as $80 million.

The one-acre site was assembled by 1992, but by then, banks were not interested in financing condominiums or rentals.

So the one-acre site could end up feeling empty, even barren.

The one-acre site has underground parking for 725 cars.

Lee Cotlyn, developer of the Cambridge Court complex, paid $2.5 million for his one-acre site in 1987.

Homart bought the one-acre site from the Bank Street Plaza Company, whose plans for the property's development apparently fell through.

It might not be so bad on two acres or five acres, or even one-acre sites.

As a result the council has given the Globe Trust a 125-year lease on the one-acre site for a nominal rent.

A year ago, the one-acre site overflowed with rusting cars.

But the original lots have been subdivided into half-acre to one-acre sites.