The Next Real Estate Boom: Prison Cells?

San Quentin. The name evokes thoughts of iron bars, hardened criminals and the gas chamber. But if one California lawmaker has his way, the site of the state's oldest prison could one day be home to waterfront mansions and luxury condos with spectacular views of the San Francisco skyline. In what might be called the worst real estate blunder in California's history, in 1851 San Quentin State Prison was built on a then-remote peninsula at the northern end of San Francisco Bay. Today, that...Full Story
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