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Two towers at 275' is a heck of a lot better than what was proposed there previously (the Golub tower would have been somewhere around 325'). I'm happy with this.
Hopefully, all goes well and it gets built this time around! |
Sorry, guys, totally disagree. 275' is NOT a tower. Period. Dear Lord, why can't something tall ever get built in Phoenix??? 40 years ya'll. And still not a new tallest. Sad. I'd sacrifice five 250' "towers" for a single 600'. It's embarrassing. No other metro remotely Phoenix's size has this issue. Piss on it...
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But that's been said a thousand times. Maybe it's really stubbornness, the recession killing plans and the heat. |
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There's not going to be a 600+ building here that's not an office and office towers don't get built that often. Miami hasn't had a new office tower built in 7 years, San Diego since 2006. Seattle has 2 new office towers and one of them is 2/3 empty..in Seattle. All the construction in the U.S. over this period is all condo or apartments. Big office projects are not getting built in most cities. |
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It seriously gets old lamenting the lack of 600' buildings downtown.
The market is not there for the margins these structures require, even if the airport wasn't an issue. I *really* don't really feel like rehashing this conversation. |
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But the market ain't there for office buildings and a lot of companies have workers working from home now and in sorts of remote decentralized locations. If we get a new tallest ever, it'll probably be a mixed use building of some sort. But good Lord, can't we just get 400' on something?? |
Will we get a new tall tower?
1. Wait for it to come on it’s own through natural growth Or: 2. Start your own succefull company become a city benefactor and build a gleaming new hq tower downtown Or 3. Start a development company and acquire the financing for a spec office/condo tower and then build it without going bankrupt |
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I think what is being missed here is if Phoenix builds all these towers (somewhere around 15 are now proposed/rumored/under construction) we could have one of the denser Downtowns in the country. It wouldn't be tall, but we are talking about a lot of buildings between 240' to 350'. This is a really good thing. It's what we need. Taller will come later. Just get the density first. That's what gets the people here. Also, I have to ask. Downtown growth was nearly stagnant 5 years ago. So, why is this even a topic? |
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At some point supply of land becomes scare, prices go up, and the only way to justify buying the land for your development is to increase density. Since land will be in shorter supply, only way to increase density is to build up. Now do other cities get the outlier projects that aren’t completely land value driven, of course. Will Phoenix? Maybe. But I’d rather bet on economics than rely on luck. Economics tells us we’ll grow up even more, after we grow to the 20-30 range. Remember a few years ago we were here talking about 4-5 story apartments. Looks where we are now. Where will we be in 5 years? If this economic cycle continues, nobody will recognize Phoenix. |
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Besides a downtown with one huge building looks terrible -- I'm looking at you OKC. |
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