Quote:
Originally Posted by Onn
Look at the Sears...I mean, Willis Tower. That's what most 2,000 foot towers will probably look like in the future, a future half or more empty. These kind of towers are huge and become outdated quickly. Furthermore your right, the space just isn't needed. We can look at our own cities and see the office vacancies already, imagine trying to get rid of a 2,000 foot tower. 1WTC will be successful being in the financial capital of the world, just as the Twins were before. But beyond that who really knows.
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These are all good points, but I think they're only relevant in the short term. The current recession is going to take at least half a decade to even get back to pre-recession levels is term of employment which certainly affects vacancy rates. But beyond that, here are the long term trends:
-More than half of the entire world's population now lives in urban areas, and that trend is accelerating, not declining, especially in places like China, India and Africa.
-Global population is expected to reach 9 billion by 2050 in an information economy which equals office jobs
-As the human population grows, its use of land will require more space for cultivating crops and livestock which will infringe upon the exurbs and other areas, forcing more people in urban areas.
So, the five to ten year picture may be in a lull for supertalls, but we'll be seeing way more tall buildings as cities contract from the pressures of increased agriculture land use and urbanization in an information economy that use offices.
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Nice shot, looks to be about even with the B/V Building.
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