Quote:
Originally Posted by WhipperSnapper
It's less of a cultural shift and more of an economic one that saw towers go from 12 storeys to 50 storeys over the course of 20 years. Buyers have proven to buy anything over the course of the boom so it is developers setting the standard based on revenue vs costs. Height parallels buildable density in dense confines. For this reason, it's possible, even likely, the height standard will reverse itself at some point.
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Certainly. Developers and economic factors set the pace of change, what I was referring to was the vibe on the street which hit a new paradigm due to all the foot traffic, amenities, buzz, energy, etc. I anticipate further changes to the vibe in 2024-2027 even if it leads to a return to new lower rise construction projects.