Quote:
Originally Posted by michael85225
Seeing Phoenix and especially Tempe experience a huge building boom, I'm surprised Tucson isn't experiencing the same thing. Up until 5 years ago, Phoenix also had trouble bringing big projects up and often had huge projects like Cityscape scaled down quite a bit. Phoenix isn't exactly immune to this because even today our Central Station towers that were supposed to go up a while back have been delayed and have gone through different designs for almost 10 years now and that is a very important project here.
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I'm surprised as well seeing that Tucson is considered to be one of the top cities to recover faster from the pandemic. But Phoenix metro has a robust economy with lots of money so there is always optimism for new projects. Downtown tucson had ONE high rise at least 250' in the works and it failed. I'm still optimistic though, 75 E Broadway is intended to be a high rise by the developers and Rio Nuevo. How long it will take? Another few years probably.