Quote:
Originally Posted by LMich
Yeah, I'm not advocating any high-rises or anything, but was just curious why we aren't seeing stuff in the five-story range. Generally, even a a smaller city like Midland, I think you really need to go above two stories in the core downtown area. Otherwise, second-floors are really neighborhood scaled stuff and you're wasting land. The hotel and mixed-use building in that range, just at the lower scale of it.
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I totally agree. As a downtown starts and continues to thrive, the land becomes more expensive. This is particularly true of cities with boundaries (both geographically ie: rivers, or man made such as height limits or historic districts). For developers to make it worth their while the only way to go is up.