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         PRELIMINARY REPORT ON ECONOMIC POTENTIAL FOR 
                 BLOCK 700 -WILLIAMSON STREET 
                 I. REVIEW OF BASIC ATTRIBUTES 
    The first step in   the  identification   of  feasible  reuse 
scenarios   is  the  identification  of   those attributes of the 
property   to  be  considered,  including   physical  and  legal- 
political characteristics, linkages    which  contribute  towards 
effective demand for the property, dynamic traits which exist 
in the minds of people and which affect    their  decision-making 
behavior, and    the  environmental characteristics which impact 
socially and financially upon the public. 
    1. Size 
        The subject block is known as Block 129 in the Original 
    Madison   Plat  and consists of 18 lots in two tiers of nine 
    lots each, with each lot having the standard Madison lot 
    dimensions of 66 feet wide by 132 feet deep or 8,712 square 
    feet. Thus, there is a total of 264    feet  of  frontage   to 
    the southwest on South Blount Street and to the northeast 
    on Livingston Street and a total of 594 feet of frontage to 
    the   southeast on Williamson Street and to the northwest on 
    the East Wilson Street right-of-way. 
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