Quote:
Originally Posted by Busy Bee
Maybe I'm ignorant, but in what world would a developer not try to go really tall here to take advantage of the amazing Park-adjacent location? Does current zoning prevent a 40+ floor tower here?
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I believe the developer is from the UK so it could be a matter of resources.
While the zoning is favorable and even take a parcel where there is a ton of potential, sometimes it just comes down to the resources and capabilities of the developer or just risk management on their part that makes it so a tower of "X" size rises. Sometimes "X" is underwhelming, sometimes not.
Financing and capital can be massive laggards or road blocks.