Quote:
Originally Posted by urban_encounter
Yes, I’m aware of the projects you listed. But as I noted above, I think it will be awhile before we see any projects over 15 stories in the central core. Hopefully I’m proven wrong but I’m not going to hold my breath.
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I agree urban_encounter. In my opinion, only two of the listed four have a shot, the Canopy Hotel and UCD Medical Center. These proposals have actually filed papers with the city planning department and began getting EIR to move forward, the others not so much. But unless they have already locked in contracts on products to build, current costs will make budgets skyrocket, possibly killing the proposals. Soaring steel and lumber costs are threatening to slow or kill construction.
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