With the foundation already completed, I have to believe that this would be about enough to finish it based on costs of other towers of this size/type. Being rental the finishes will also cost less than the previous condo design too methinks. Also majority of the design/engineering would have been already completed.
Last edited by rivernorthlurker; May 12, 2022 at 6:14 PM.
With the foundation already completed, I have to believe that this would be about enough to finish it based on costs of other towers of this size/type. Being rental the finishes will also cost less than the previous condo design too methinks. Also majority of the design/engineering would have been already completed.
Also the previous recession was somewhat unusual in that it completely undermined the housing market AND the banking and credit system.
Right now, the situation just looks like a bear market (especially in tech) similar to the 2001 recession. I don’t think banks will halt most loans like last time, even if they’re likely to be cautious.
This one should be ok now with most of the funding in place. Anyone who does not believe we are heading down a rabbit's hole with the economy is going to be surprised in a few years.
This one should be ok now with most of the funding in place. Anyone who does not believe we are heading down a rabbit's hole with the economy is going to be surprised in a few years.
Who woulda thunk that a 20% unemployment spike and a year and a half with half the country sitting at home would have consequences?!
Did the front right corner of the adjacent building get demoed for this project, or was that unrelated? Google Street View shows it intact 9 months ago except for the top ten feet or so.
Did the front right corner of the adjacent building get demoed for this project, or was that unrelated? Google Street View shows it intact 9 months ago except for the top ten feet or so.
I don't know for sure, but I would wager the terra cotta was removed to protect it and will be reassembled in conjunction with the towers façade?
^The floorplate slabs may have also needed the clearance that the terra cotta was preventing in some way. Either way, I'd imagine the developers are footing the entire bill for the work.
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