As someone who worked closely with the Downtown Development Authority for a number of years, I can tell you that this is not a good sign.  This is a bunch of dumb city bureaucrats who are getting ready to drive away a great deal while attempting to negotiate an even better deal, something bureaucrats are NEVER qualified to do properly.  We had a similar incentive in the 90's for this property once the Shipyards shut down; the Reinassance Place, and that endeavor failed for the same reasons,no one wanted to pay for the cleanup.  Business men like Khan don't tolerate government stupidity very well, and this smells familiar.   Don't expect to see anything happen with this property anytime soon. 

---