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Old Posted Feb 21, 2013, 5:55 PM
SoCalKid SoCalKid is offline
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Join Date: Jul 2012
Posts: 607
Quote:
Originally Posted by HunterK View Post
Theres gotta be something...

Chetrit could stop being a bunch of shiteheads and maybe come through on Hotel Clark and Empire Hotel (Trinity Auditorium) suddenly? But ground-up nothing is supposed to break ground this year is there?
I feel like a bunch of residential projects are going to get announced soon, and if the market continues to improve a lot of them will get built. With something like 98% occupancy and rents increasing substantially each year, it just wouldn't make sense for more housing to not get built. I know a lot of units will enter the market when the projects currently under construction are completed, but I doubt they will bring the supply anywhere near in line with the demand. I'm very optimistic for the future of downtown. With the residential population increasing quickly, other types of projects will be more likely.
     
     
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