Quote:
Originally Posted by Bonsai Tree
The fact that OBP has only been under construction for a bit over a year is mind-blowing. Simply unbelievable how fast they have been able to construct this building.
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I wonder if the rapid pace of construction we see at OneBP and the Vista might be related to where the developers think we may be in the real estate cycle.
We may be nearing the end of this most recent boom, and if the economy slows down as in 2008, its much better to be near the finish line (like Trump Tower) than face an increased risk of having the project grind to a halt early on in the project (as happened with Waterview Tower and the Spire).
Spending some extra money to increase the rate of construction could be money well spent.