Quote:
Originally Posted by Klazu
Do towers 5 and 6 finally have the space-age technology of air conditioning or are they another Shape building where you have to wrap something reflective on your "luxury" unit's windows to keep you from melting?
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Yes these towers have 'space age technology', as has every Shape building since Tower 1 & 2.
When tower 1 and 2 were marketed AC was still very much not market expectation and it wasn't seen as odd that they didn't have it. That market expectation has shifted dramatically since.
Quote:
Originally Posted by jasonpark
They definitely do not have the money to do it. If they did, they would be doing what Oakridge is doing to redevelop the entire thing all at once.
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I don't think that is the case, phasing your product is often the choice of a developer, even with near unlimited pockets. You'll notice the big pension funds with hundreds of billions backing them still phase their projects as well, it spreads the cost risk and allows for the developer to not flood the market impacting sales.
Oakridge is the exception, not the rule, since their hand was forced by closing the mall during Covid.