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Originally Posted by urban_encounter
Well there’s still a lot happening in terms of central city residential development, also Airport construction and the eventual I street bridge replacement.
But what’s not happening is the high rise residential high rises in nearly every city but Sacramento. Hell Oklahoma City has a proposal for the tallest building in the United States (residential). If you listen to the debate, it’s sounding like it will happen. That said I can’t imagine any financier putting up the funds. Our luck, Cal PERS and Deutsch Bank will.
Anyway, it might be a long time before another high rise is built in Sacramento.
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I can't speak about Oklahoma or some of the other cities, but downtown Sacramento is a complete dump. I don't want to work downtown, let alone live there. Tiffany, Gucci, Louis Vuitton etc are in Roseville. Why would you want to be downtown?
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