Quote:
Originally Posted by JoninATX
But the good news is that the land where the courthouse was defeated will soon be up for grabs to private developers. We could be looking at a very tall tower, possibly a supertall since there is no height limit in that particular area.
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That isn't a forsure thing though. At least if the county split the lot for a private developer, chances of a tall tower at that location would be more likely but with the full block in play, I'm not so sure anymore. Simply look at every full downtown block redevelopment so far and you'll see why I'm not very hopeful.
We have yet to see anything over 500 feet built on a full city block. The tallest towers we have are on half or quarter lots. Developers will build whatever is the most cost effective with the amount of land they have and a full city block doesn't give much incentive to build tall.
Unless the development team is specifically going for the tallest to make a statement or unless a major company decides to build a shiny new corporate HQ tower, I'm not going to hold my breath.
Despite what has been said about the post office site, we really don't have any idea of what (if anything) is planned in the near future plus there doesn't seem to be a tentative timeline either. It's just sitting there empty other than being used as a parking lot.
I also look at the type of office buildings that are going up like this proposed tower and that also doesn't make me feel any better.