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Old Posted Feb 7, 2010, 11:02 PM
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sirkingwilliam sirkingwilliam is offline
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Join Date: Feb 2007
Location: San Antonio
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Quote:
Originally Posted by oldmanshirt View Post
Great news, but how would this compare with incentives developers are getting to develop in the suburbs, both from SA and neighboring cities. Remember, downtown isn't just competing with the Rim and Stone Oak, they're also competing with New Braunfels and Seguin, which have gotten very aggressive in pursuing new developments in the past few years.
Well, within SA, the difference for lets say a 10 million dollar development will be $200,000.

A developer will save $200,000 building in the inner city than in the suburbs.

That number will increase once CPS gets on board.
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