LOS ANGELES | Downtown Project Rundown 3.0 - Page 85

BrandonJXN · #**1681** Posted **Aug 31, 2007, 4:15 AM**

Quote:

Originally Posted by JDRCRASH

You mean overspending?

Oversaturation.

Look at these pictures and count the cranes:

James Good

VisionMIA

From a building standpoint, that might look cool but from a business standpoint, MIA is setting itself for a rough road. You need to let some of these buildings fill up first. People might complain about how some of the new buildings proposed in DTLA are taking forever and a year to pan out but I'd rather wait a bit than to build everthing at once only to not have anyone live in them.

WonderlandPark · #**1682** Posted **Aug 31, 2007, 4:18 AM**

WOW, that last photo with the flag in it, frigging amazing shot from the car.

BrandonJXN · #**1683** Posted **Aug 31, 2007, 4:23 AM**

^ I agree. MIA has a cool if not boxy skyline. But how many people are going to migrate down there all at once? I wouldn't buy there. And I don't know a thing about investing. Lol.

yakumoto · #**1684** Posted **Aug 31, 2007, 4:28 AM**

Quote:

Originally Posted by JDRCRASH

After more than 60 years of Suburban prosperity, as old Ordinances are torn down........and as the basin begins to run out of space.....nothing, and I mean NOTHING, not even the might of the New York Stock Exchange will stop the resurrection of the Economic Phoenix that lies in Los Angeles.

Hint: For all the talk of zoning changes, Los Angeles' planning still effectively mandates auto oriented development.

colemonkee · #**1685** Posted **Aug 31, 2007, 4:30 AM**

Remember two years ago when i said "slow and steady will win the race" for development in Los Angeles? This Miami article just proves that point. I'd rather have a few towers under construction at a time downtown, with steady, controlled growth, than a boom-bust cycle.

pip · #**1686** Posted **Aug 31, 2007, 4:33 AM**

Quote:

Originally Posted by JDRCRASH

Is Miami even relevant?
Besides, the full potential of the Los Angeles market dwarfs Miami's.
And its no @#$% joke. While Miami and Las Vegas start to head down the economic roller coaster, many parts of Los Angeles(including some in Downtown), are only picking up speed and gaining steam.

It's like a soda bottle; when shaken enough, there's a point to where the cap erupts.

After more than 60 years of Suburban prosperity, as old Ordinances are torn down........and as the basin begins to run out of space.....nothing, and I mean NOTHING, not even the might of the New York Stock Exchange will stop the resurrection of the Economic Phoenix that lies in Los Angeles.

HAH, go ahead and call my bluff by saying "LMFAO", but believe me, we have only tasted what Urban lifestyle is all about.....

I have thought about that before. LA area is huge in population and it grows and grows and grows. Once downtown LA is discovered, so to speak, all I can say watch out; highrises, lowrises, retail, business, etc will be popping up left and right on a scale that will be huge.

Quixote · #**1687** Posted **Aug 31, 2007, 4:50 AM**

Quote:

Originally Posted by colemonkee

Remember two years ago when i said "slow and steady will win the race" for development in Los Angeles? This Miami article just proves that point. I'd rather have a few towers under construction at a time downtown, with steady, controlled growth, than a boom-bust cycle.

You made a good point there. Your reasoning makes perfect sense and needs to be explained to those who constantly complain about there not being the same amount of construction going on in Downtown as there is in Miami and Chicago.

DTLA · #**1688** Posted **Aug 31, 2007, 9:39 PM**

Even though this has been touched on before, the thing that will keep LA building is the fact that the population and density are higher, and there is nowhere else to build. Even though Miami is very dense downtown, once you leave downtown there are many open fields and lots of open space. Even if the demand for housing in LA decreases, there will always be a demand for housing and the only way to build is to build up, so it may take a while to get these projects going, but there will always be enough of a demand to get most of these projects built.

JDRCRASH · #**1689** Posted **Aug 31, 2007, 11:17 PM**

Wow, I counted 21 cranes in Miami.

Um, so... we can grow fast, as long as we can maintain that pace for a while?
Like overheating?
Like what happened in 1990 and 1991?

LongBeachUrbanist · #**1690** Posted **Aug 31, 2007, 11:20 PM**

Oh BTW, I was downtown yesterday, and saw two halves of a giant AT&T logo sign sitting next to AT&T Center (formerly the TransAmerica bldg). I have to guess that'll be going up very shortly.

(Saw it from the bus...sorry, no pics.)

JDRCRASH · #**1691** Posted **Aug 31, 2007, 11:29 PM**

What's funny is that New York City during the Great Depression was still booming with high-rises, including the Empire State Building.
Maybe it's because the Housing Market wasn't in trouble back then as it is now....

What the @#%& ?!
According to an article I read in a "Popular Science" magazine, the Big Apple no longer leads the world in skyscrapers anymore......its Shanghai.
Dude, guys......that was quick.

DTLA · #**1692** Posted **Sep 1, 2007, 12:56 AM**

^ I highly doubt the part about shanghai is true. According to this site, shanghai is #13 with NYC as #1 in terms of highrises. It could be true in terms of skyscrapers but not highrises. That distinction is very important. The surprising thing is that LA is listed as #6 in terms of number of highrises for the entire world. Is there any chance that's true??? I guess it's possible cause LA's skyline is so spread out so LA never seems as built up as it really is. Between DTLA, Century City, Westwood, the Miracle Mile, and Hollywood, it's possible that together they equal that many high-rises.

DowntownCharlieBrown · #**1693** Posted **Sep 1, 2007, 1:14 AM**

You get a few more if you add in the Valley and LAX area.

DTLA · #**1694** Posted **Sep 1, 2007, 1:17 AM**

^Good point I thought about the valley but just didn't put it in but I didn't even think about LAX. There are even a few all the way out in San Pedro.

JDRCRASH · #**1695** Posted **Sep 1, 2007, 5:31 AM**

I guess i'm not suprised seeing on how many skylines Los Angeles has.

BrandonJXN · #**1696** Posted **Sep 1, 2007, 5:38 AM**

Quote:

Originally Posted by JDRCRASH

Wow, I counted 21 cranes in Miami.

Um, so... we can grow fast, as long as we can maintain that pace for a while?
Like overheating?
Like what happened in 1990 and 1991?

What happened in the late 80's/early 90's was oversaturation of the office market. Pretty much the same thing as what's going on in Miami.

edluva · #**1697** Posted **Sep 1, 2007, 7:41 AM**

LA is nowhere near being in the league of shangai...even counting the entire metro's highrises.

DTLA · #**1698** Posted **Sep 1, 2007, 7:18 PM**

^I wouldn't have thought so either, but if u go from this forum, press on Home and then press on Cities it shows a list of highrises and it ranks LA over Shanghai. I'm not sure if it's right, but that's what it shows. The key thing to remember is high-rise vs. skyscrapers. Shanghai dominates LA in terms of skyscrapers, no competition. However, LA is much higher in terms of high-rises.

yakumoto · #**1699** Posted **Sep 1, 2007, 8:34 PM**

Quote:

Originally Posted by DTLA

^I wouldn't have thought so either, but if u go from this forum, press on Home and then press on Cities it shows a list of highrises and it ranks LA over Shanghai. I'm not sure if it's right, but that's what it shows. The key thing to remember is high-rise vs. skyscrapers. Shanghai dominates LA in terms of skyscrapers, no competition. However, LA is much higher in terms of high-rises.

Are you seriously comparing Los Angeles to what's happening in China?

JDRCRASH · #**1700** Posted **Sep 1, 2007, 8:47 PM**

^ ^ ^

Well, we could out-build Shanghai if we wanted to, if you think about it.
I mean we've got sooo much space for more suburbs in the Mojave Desert.
Then we could build up in the basin.

But here's something interesting about China:

In one decade, China has built the equivelant of the entire U.S. Interstate Highway System....in one decade!!!(although there's something fishy about it)