Posted Jan 16, 2021, 11:50 AM
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Join Date: Aug 2006
Location: Downtown Los Angeles
Posts: 19,392
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Report On Downtown Housing Boom
Quote:
Originally Posted by Makid
Report on downtown housing:
• Video Link
A few things in the report to notice.
1. They are using an old image of future buildings. These don't include Kensington Tower, the Dakota Pacific Mixed-Use Tower, nor the Utah Theater Tower.
2. We know that addresses can and at times are generally wrong in reports but mentioning a taller building at or near 4th South and State. There have been rumors of the parking lot being developed over the last decade and each time it is fleeting. If the address is correct, it would seem that the project is further along than others in the past.
3. The 7,000 housing units approved in the last 5 years. That is great and we know that more are coming up downtown. I just wonder if these numbers are based on just building permits or from planning approvals.
4. It is nice to see a good report about the construction boom happening and from the sounds of it, we are at just the start of the boom.
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