Quote:
Originally Posted by Sam Hill
But seriously, Canada’s skyscraper boom seems to be part of a worldwide trend, so I have this hope that the U.S. is just a few years behind (perhaps due to a slower recovery from The Great Recession or something?) but will soon be joining the trend, in which case downtown Denver would be poised to boom harder than any of its peers of similar size.
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Sorry for commenting on a few days old post.
But the U.S. HAS been a part of this skyscraper boom. Before the recession, the U.S. was in the midst of one of its biggest skyscraper booms of all time. And it wasn't just New York City and Miami. The issue is that since the recession began, New York and Miami are the only major cities that have maintained strong enough economies with the demand to continue a skyscraper boom. Now that the economy is getting stronger, we're seeing many delayed projects all around the U.S. getting back on track, and new projects are popping up in many cities. It's going to take a couple of more years removed from the recession to really see the fruits of this, in the same way that the skyscraper boom peaked around 2010, a couple of years after the recession began, but it's happening.
As long as we don't see any more recessions, I think the 2015-2025 period could rival the early 80s-early 90s period for skyscraper construction in the U.S., except hopefully with overall better designed buildings (although probably not with the same amount of excessive build-up, it's amazing how quickly a lot of American skylines boomed during that time period).
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