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Originally Posted by Always Sunny in SLC
I don't think earthquake fears or building above COB are factors. I think the two largest factors are lack of Fortune 500 companies especially banking or energy. For example, Utah has a tower about half of Oklahoma City even though we are similar in size, but OKC has Devon Energy. The other factor is block size. This should not be underestimated on its impact. You build really high if land prices are extreme or amount of land is very limited. Right now SLC has big lots with plenty of space for the tower to sprawl.
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I think it has a lot to do with the types of companies headquartered in a city. Even in San Francisco, they aren't building many new tall commercial buildings, Salesforce tower is the exception. Most of the high-rises are residential, due to lack of space.
But even in the Bay Area, tech companies want a "campus", not a tower. You see that here in SLC, the tech companies are building the sprawling campuses with open space, etc.
In San Diego, most of the new high rises are also residential, again because downtown SD is not the center of commerce in SD... It's biggest companies aren't located in downtown. Qualcomm is scattered around the county with huge buildings but I think all are under 10 stories.
In OKC and the midwest, energy companies dominate those skyscrapers. It's old business, and probably a lot has to do with egos and comparing sizes of body parts. That's why Devon Energy decided to build an enormous skyscraper that sticks out from the rest of the OKC skyline. It's to impress others, not because of lack of space requiring a tall building. Tech companies don't care about that, they care about quality of life for their employees and providing the amenities to make them happy Monday - Friday.
I honestly think the growth in high-rises in SLC will probably be fueled by residential and hospitality (hotels) more than commercial.