Really? The bridge proposal is $5.5 million.
Right, but you can't just dump shit in the lake. Scope would likely be removal of existing abutments and dockwalls, cleanup and dredging of the channel, bulk fill, paving and landscaping, and any environmental / species habitat remediation / replanting. Do a quick dimension check on the channel as it exists today. $5.5M for a bridge is cheap.
 
Check out this 1960s shot of The Hearn with its massive coal pile and multiple stacks before the super stack. Insane by today's environmental standards. Wow.

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