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Originally Posted by Strayone
...I haven't noticed near the activity in the San Antonio thread or even Houston or Dallas, and the local news, print etc. has stories very often, is this an indication of Austin being ripe for this developement? It's obvious density will be the future, San Fran. Seattle and of course New York, and don't forget Vancouver and other foriegn cities caught on years ago, albeit due to land constraints, but is our city actually going to find the knowhow to get this plan in place at a quicker pace than other larger cities in the state.
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Not meaning to downplay the Skyscraper threads, but I wouldn't necessarily base the amount of development in other Texas cities on what is posted on their threads. I think the Austin thread is a true exception, and I say this only because I've seen the number of massive projects going up in the Dallas metroplex (developer sites, not the SkyscraperPage Forum). Austin pales in comparison.
Houston has been throwing up massive developments all over the place, but the big difference is that you have clumps of satellite "downtowns" around Houston. The core downtown region has been getting a massive amount of infill just south of the city with lowrise developments. But the number of highrise condos going up around the Galleria and Medical Center has been pretty impressive.
Though I'm excited to see all the new developments going up in downtown Austin, I'm a little concerned that it could be too many too late. With rising interest rates and the feds starting to put pressure on the mortgage industry for overqualifying buyers, I have a feeling we're going to see only a few of the projects really make it. Fortunately the ones that are the most likely to go up are in areas where Austin desperately needs infill. Also, we have a fair number of those buildings that will be multi-use. That might help to keep a project alive, even if the downtown condo market becomes saturated, as it has in so many US cities.