The original owner gets some money from that windfall. The developers make money by selling 10 units on a lot that used to have a single residence. The new tena

The original owner gets some money from that windfall. The developers make money by selling 10 units on a lot that used to have a single residence. The new tenants get to live closer to jobs and nightlife and possibly pay less in rent. The city makes more money from property taxes. That seems like a win-win-win-win for everyone directly involved in this growing city.