Quote:
Originally Posted by ThreeHundred
So in order to appease DTLA's lack of apartment buildings, you want to build a 2,000 foot tall building?
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No it's just something id like to see - I love height, and I miss living in a massive highrise. I also think the market could accommodate. As an aside, is that even possible, seismic technology wise? Isnt Hong Kong in a subduction fault zone? Our strike-slip San Andreas can't be as daunting in terms of engineering.
I've always thought that parcel of land at 8th and fig is gold - its probably our most prime real estate - so it has to be something other than $5 a day parking. According to the LA Downtown News, 9/12/10:
“You have to always go back to the fundamental math of how many jobs are there versus how much housing, and the ratio is still way out of whack,” Gilmore said. “We could probably use 200,000 more units of housing.”
Im no mathlete but with only 2,396 units under construction, and 200,000 more units in potential demand, does that not equate to massive boom?
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