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Originally Posted by crewer
So what's the stats on downtown rentals? Has the Monarch filled up yet? Any information on completion dates for the other apartment buildings?
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From what I've seen and heard, the downtown rental market is not doing well at all. The Monarch is definitely not full, last I heard it was 65-70% leased. The prices have plummeted too, you can get a 1 bedroom on the 26th floor for the same price that 6 months ago you could get one on the 10th floor. Crazy stuff.
I wonder if the non-highrise rentals are feeling the hurt as well?
Does anyone have info on the Ashton? Seems that it has been topped out for a while, I'm dying to see some interior renderings and prices! If it will look anything like the Ashton in Dallas, I'm excited