Most important to our decision to pitch Old Goucher for Amazon's HQ2, however, was the fact that these urban assets are available to a project of this scale at a value that can't be beat. We counted the number of vacant lots, underutilized buildings and public properties scheduled for redevelopment within the area. Our research identified a minimum of 200 acres, with up to 12 million developable square feet. We investigated the average price for commercial property within one mile from Penn Station and calculated it to be $120 per square foot, on average. Meanwhile, a similar analysis identified costs of $430 per square foot for Philadelphia and $650 per square foot for Washington. This exceptional value, coupled with the amenities and transportation accessibility of Center City Baltimore, has no peer on the East Coast.