Quote:
Originally Posted by bobcat
That's to be expected, although I would say the projects that are beginning to trickle in now are more ambitious than those of 10+ years ago. The current projects in the pipeline seem more like the proposals from 5-6 years ago.
We all need to get over the fact that 2007-2009 was the peak of an unprecedented real estate bubble and that we simply won't see those types of megaproject proposals for a long time, or at least until the next real estate bubble comes around.
|
See, you say we aren't going to be seeing any of those types of megaprojects, and logically we shouldn't, but for some reason we are. Off the top of my head, I can think of three right now, including the Wilshire Grand redevelopment. I think there is a chance that megaprojects are here to stay.
Threaded Mode