Quote:
Originally Posted by biggus diggus
As far as downtown is concerned this cycle of building is far larger than 2007.
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Agreed here,
the mid 2000's boom was more of an artificial easy loan bubble causing lots of pie in the sky unrealistic projects, the majority of which never happened.
this is a much more natural boom in a city and an economy that is not as explosive but has finally managed to grow again. reasons why is debatable but this is a much healthier building boom and its not just wild office projects or condo high-rises it is reasonably scaled apartment buildings that have demonstrated high demand and lots of small businesses and retail to go along with it.