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Can't wait until the (YMCA Tower) 1010 Church Street in Nashville is complete, construction is finally underway. Over 750ft tall... I have a feeling this one is going to be the one that changes the Cities skyline in a major way. Nashville yards is already skirting that transition daily... https://citynownext.com/2023/07/31/p...-in-nashville/
Can't wait until the (YMCA Tower) 1010 Church Street in Nashville is complete, construction is finally underway. Over 750ft tall... I have a feeling this one is going to be the one that changes the Cities skyline in a major way. Nashville yards is already skirting that transition daily... https://citynownext.com/2023/07/31/p...-in-nashville/
This is a super exciting skyscraper development for Nashville, indeed.
When it tops out in 2025, it will dramatically transform Nashville's fast-growing skyline.
Currently, Nashville has 34 skyscrapers over 300 feet high, with one recently topping out last month (Giarratana's Prime skyscraper) at 456 feet.
Nashville has truly gone from a mid-sized skyscraper city to a metropolis skyscraper city, with several different clustered skylines--and fast-growing.
With just a handful of towers over 300 feet as recently as 2015 (12 buildings), the city now sits at an eye-popping 34 in late 2023, with the numbers fast-rising.
Nashville has another 7 skyscrapers over 300 feet under construction now, so by 2025, the city could have as many as 44 or 45, topped out (including some new ones just getting under construction in 2024).
And by 2030, Nashville will see itself with about 55-56 skyscrapers on the lower estimate end, and as many as 75-80 on the higher estimate end.
You don't foresee the pace slowing?
Most places go through cycles
Yeah, they definitely do go through cycles, 100%.
But Nashville has roughly 40+ skyscrapers over 300 feet just proposed and/or approved.
If just 30% of those get built (and that's a very low %), that's another 12 completed. So right there, the total count by 2030 would be 55-57 total skyscrapers.
Nashville, like Austin, is undergoing a boom skyscraper development cycle very few cities see. Atlanta was one in the more recent past, another few examples were Miami, Charlotte, Seattle, Houston, as well as Dallas.
Nashville office vacancy rate is at 20%
Austin is a little higher. Both cities are overbuilt and still overbuilding.
Although, a ton of those planned buildings are mixed use, I still foresee a sharp scaling back in construction. Both in number of buildings and in height.
Situation is even worse when you add in under construction space. Downtown Austin for example has 2.5M sq feet of office space UC, which adds another 10 plus% vacancy.
The residential market in both are really strong, but residential construction usually follows suit and contracts when office construction contracts. And with mix use buildings, there needs to be be analyses of whether it is feasible or not to proceed without the office portion.
Another consideration is that residential and hotel has lower floor to ceiling heights, so a contraction in office construction greatly reduces height.
In the end, both cities will continue to grow, I just wouldn't put money on proposed, approved or even building already under construction. Sorry for being a Debbie Downer but I have lived through a few boom and slow cycles. Many cities have aging office buildings, and adaptive reuse helps to reduce vacancy rates, but it also reduces the need for new construction of residential or hotel.
Man Chicago has fallen off the cliff when it comes to the skyscraper game. I remember pre 2010, Chicago was competing head to head with NYC when it came to skyscraper building, then the 2010s decade came and NYC just exploded with skyscraper construction. But even through the 2010s decade, Chicago managed to be comfortably 2nd place. Now Chicago is getting outlapped by cities 1/4 its size like Austin, Charlotte, Nashville, and other peer cities like LA, Miami, DC, NYC, etc. ****, Minneapolis is building more than Chicago these days.
This is a super exciting skyscraper development for Nashville, indeed.
When it tops out in 2025, it will dramatically transform Nashville's fast-growing skyline.
Currently, Nashville has 34 skyscrapers over 300 feet high, with one recently topping out last month (Giarratana's Prime skyscraper) at 456 feet.
Nashville has truly gone from a mid-sized skyscraper city to a metropolis skyscraper city, with several different clustered skylines--and fast-growing.
With just a handful of towers over 300 feet as recently as 2015 (12 buildings), the city now sits at an eye-popping 34 in late 2023, with the numbers fast-rising.
Nashville has another 7 skyscrapers over 300 feet under construction now, so by 2025, the city could have as many as 44 or 45, topped out (including some new ones just getting under construction in 2024).
And by 2030, Nashville will see itself with about 55-56 skyscrapers on the lower estimate end, and as many as 75-80 on the higher estimate end.
Geez, that’s pretty impressive. Honestly though, what’s the appeal of Nashville? I want to like this city so bad, but it’s one I’ve struggled with.
Quote:
Originally Posted by ggplicks
Man Chicago has fallen off the cliff when it comes to the skyscraper game. I remember pre 2010, Chicago was competing head to head with NYC when it came to skyscraper building, then the 2010s decade came and NYC just exploded with skyscraper construction. But even through the 2010s decade, Chicago managed to be comfortably 2nd place. Now Chicago is getting outlapped by cities 1/4 its size like Austin, Charlotte, Nashville, and other peer cities like LA, Miami, DC, NYC, etc. ****, Minneapolis is building more than Chicago these days.
Chicago is pretty comfortable in the #2 spot right now, but I could see it potentially being overtaken by Miami in another 20 years.
Last edited by FL_Expert; 10-17-2023 at 09:34 PM..
Geez, that’s pretty impressive. Honestly though, what’s the appeal of Nashville? I want to like this city so bad, but it’s one I’ve struggled with.
Chicago is pretty comfortable in the #2 spot right now, but I could see it potentially being overtaken by Miami in another 20 years.
Chicago has 396 buildings over +300' that are completed or U/C
Miami only has 161 by those same metrics. Houston would be next in line 141 buildings over +300'.
I know this is an old post, but considering how much U district has grown in Seattle these couple last years, I would say that U district is a better comparison to Cambridge than Bellevue. (U district is within the city boundaries of Seattle, so they are already counted to the total)
That being said Cambridge has like 30 buildings over 200 ft while U district only has like 5-10 buildings? But there are many more planned so it might catch up?
Man Chicago has fallen off the cliff when it comes to the skyscraper game. I remember pre 2010, Chicago was competing head to head with NYC when it came to skyscraper building, then the 2010s decade came and NYC just exploded with skyscraper construction. But even through the 2010s decade, Chicago managed to be comfortably 2nd place. Now Chicago is getting outlapped by cities 1/4 its size like Austin, Charlotte, Nashville, and other peer cities like LA, Miami, DC, NYC, etc. ****, Minneapolis is building more than Chicago these days.
Nice try, but false...
1. Chicago is still a solid 2nd place in terms of the skyscraper game and that isn't changing anytime soon.
2. Chicago has plenty of mid/high-rise buildings under construction, including the 788' 1000M residential tower. https://buildingupchicago.com/page/2/
Last edited by cpomp; 10-18-2023 at 07:44 AM..
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