Quote:
Originally Posted by masssachoicetts
My two favorite big cities. I love them both.
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i'm a huge advocate for highrise residential construction to produce a high number
of affordable/ reduced income housing supply.
Every neighborhood in every city has a magic number that produces the largest net
profit for the developer while acting in the interest of the Greater Good
for producing the most affordable units at the outset +
tax revenue to produce X number of units in some number of years.
1 fine example, Seattle: seems to be knocking it out of the park.
Seattle seems to find the correct number to be somewhere between 30 and 44 floors,
*as a common range of height for one distant observer.
Chicago has been a star for decades.
i haven't taken a deep dive into the numbers in a few years.
But, the Boston metro inside of 128 compares favorably to the Windy City in class a/b office/lab.
However, Boston is badly underserved on highrises and, especially residential highrise construction,
and with about 3 score labs and academic lab/hybrids going up,
the office/lab: residential highrise distortion continues to get worse.
The future looks morbid. And no City planners seem keen to address this woeful situation.
i tend to think of Chicago and Philly as being similar insofar as [high population vs total office space]. but Chicago is insanely well-served in residential highrises in the Miracle Mile +++ and Lakeshore.
and.... like NYC, Miami, SF & Seattle--is vastly outpacing Boston,
and it's getting worse every year (for Boston).