Quote:
Originally Posted by Andrewjm3D
What should be soon?
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Announcement on one of the first supertall sites. I'm afraid it isn't looking good though, the economics are just not supporting a supertall, and this specific site will more than likely be broken into two towers at this point.
The real unfortunate point is that the economics are not unique to this site and will apply to most of the rumoured supertall sites. The rents and land costs just do not allign properly to create the demand for supertalls at this point. It will take a very unique site to justify building over 300M. Of all these supertall possible sites I would imagine we will only see one come to fruition... tops.
Hopefully I'm wrong, but I doubt it.