Quote:
Originally Posted by waynechef
Agreed, this is a start. When you build a mass of people living downtown, you can then expand on the amenities. I would not expect for a developer to build anything but the least common denominator for units that are intended for “way below” market rate rents.
When demand is there for premium finishes, they will be available. There is no reason to have upscale finishings for a clientele who can’t afford them.
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There are plenty of complexes with premium finishes scattered throughout the urban core. There needs to be more affordable priced units so downtown doesn’t become some lame homogeneous socioeconomic wasteland where one group of people can live and enjoy.
That’s what this building will help provide.