The terms of that lease would make me want to run. I think there's several whales that would be able to very easily fund such an endeavor, and their reluctance to do so; instead leasing out SP or devoting themselves to pay for vote bots; when a very real opportunity to assist a community, grow the platform; and give it a physical presence....
It paints a picture of what some facets of the community stand for... themselves and nothing but.
What I'm trying to say is 225k steem for a building is a bargain!
I have to agree, and that's just for this building, which is a 3 story school. I'd certainly be willing to look at smaller buildings if we owned one, and if the price of steem would come up, we could find a very nice location to purchase for roughly 50k steem, easy. Property is fairly affordable in my city at the moment, because we are just now getting started with the city's remodel.
Our governor just gave us millions of dollars to enhance our city. Mostly because we're the capital and need it more than most... Now's a great time to buy into Frankfort, KY :)