Quote:
Originally Posted by bobbywest87
While I love the spread out skyline, at times I wish I could move some of the buildings from Rainey into the central downtown area to add just a bit more density.
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When you have a moment - go back and take a look at the (several) proposed towers in that region which did not come to fruition. Most were between 500' and 800' tall. It was a timing issue. They were proposed in a time where capital was drying up, COVID and then the subsequent remote work movement - temporarily killing new, spec office projects.
I would expect that area of downtown to once again see proposals as soon as the market corrects and developers get a better handle on what office space needs will be in the near future. Most of those past proposals were either solely office or mixed-use projects.
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AUSTIN (City): 993,588 +3.30% - '20-'24 | AUSTIN MSA (5 counties): 2,550,637 +11.70% - '20-'24
SAN ANTONIO (City): 1,526,656 +6.41% - '20-'24 | SAN ANTONIO MSA (8 counties): 2,763,006 +8.01% - '20-'24
AUS-SAT REGION (MSAs/13 counties): 5,313,643 +9.75% - '20-'24 | *SRC: US Census*
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