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Originally Posted by TakeFive
The Top is in. That's my call. Common sense suggests there is only so much demand at these price points. Specific construction cycles - in this case apartments - have a way of ending often when we least expect it. That's not to say we couldn't still see a project similar to what Palisade Partners just announced. Perhaps another project in RiNo even. But for the most part the Big Thrust will soon be over, done, kaput.
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I don't think so. There's been so much positive absorption of the projects that have come online that I expect a few more large (200 units +) and even one or two very large (500 units +) that are in the pipelines to break ground. You've still got a couple parcels behind Union Station that would be ideal for multi-family development and downtown has a couple of projects in the works as well. We still seem to be on the positive slope of the curve.