Quote:
Originally Posted by StoOgE
This is the tower in Austin right now that screams "the economics of this city have shifted radically" more than any other.
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This.
The skinniness of the building is actually proof that the unit profit (hotel room, condo, etc) is high enough to subsidize the building of a tower with relatively few overall units. It’s a high profile address for sure, and the unit profit will reflect that. But still. It’s for sure a sign of the $$$ pouring in to town.