Quote:
Originally Posted by We vs us
Before they made the switch to office, the original multifamily tower was supposed to be much taller.
That in itself is interesting to me. I get the flip from residential to office -- presumably based on demand and profit margins -- but don't understand why then they'd reduce the height by slightly less than 100'. Unless it's a FAR limitation, that's far less leasable space than they originally might've had.
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I found the problem. The original height was 458' but it went up as talk about the project progressed only to come back down with the most recent announcement. The drop in height is a bummer. It probably came down to the reality of financing the project like with what happened with the Fairmont. Hopefully the drop it hight is made up by a improved design.
Maybe they found a way to increase the sq feet per floor which you would want in an office project vs a residential tower. I just didn't think there was that much space there to make the building much fatter. If they could do that then it would make sense that it gets shorter because you can't make the building fatter and keep it at the same height without a lot more in construction costs.
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