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It's supposedly looking to break ground by Summer 2023. It will be very interesting to see if that actually happens given the current economic conditions. Recently Austin has hit some snags in the office market between slowdown in high tech, and the proliferation of WFH, but residential has remained hot up to this point.
This (and the other supertall) is unprecedented I believe in such a small metro area. Only exception is Atlanta which was the size of Austin when theirs was built, but by that time they had probably sealed the deal with the Olympics.
My read on it is that they aren't necessarily bracing for a population influx so much as doing Las Vegas style stake-claiming as a major attraction destination. Vegas is the only modern example I can think of with projects on the same scale in a small metro.
This (and the other supertall) is unprecedented I believe in such a small metro area. Only exception is Atlanta which was the size of Austin when theirs was built, but by that time they had probably sealed the deal with the Olympics.
My read on it is that they aren't necessarily bracing for a population influx so much as doing Las Vegas style stake-claiming as a major attraction destination. Vegas is the only modern example I can think of with projects on the same scale in a small metro.
Houston was about 2M too when they got their 2 supertalls
I just don't see any city right now competing with Miami when it comes to crazy skyscraper growth and modern design. Miami is definitely way ahead in this regard. It looks similar to East Asian cities, or Moscow, Tel Aviv, etc
Las Vegas is another city that has so much potential to build up and become the best modern looking skyline out west, a Dubai/Miami in the desert, but sadly I don't think it will ever happen. The culture there is too suburbia sprawl centric.
Technically have 1 supertall. The second tallest misses by 8'.
Supertall is above 300M, Houston has two of those.
Quote:
Originally Posted by mhays25
...in a time of easy federally-backed loans before the S&L crisis. Totally different world.
If it was that easy why didn't everyone throw them up?
Plus the poster didn't list qualifiers. He stated only Atlanta built a supertall when it was Austin's size, that is not true. Houston built 2, almost 3, when it was Austin's size.
Not sure what you mean. The bar was far lower, but a bar still existed. Developers and financiers had to expect to make money. They simply had much less downside risk because loans were federally guaranteed, so a lot of questionable projects got financing.
In places like Houston and Denver, this aligned with oil booms into the mid-80s. In Seattle, this aligned with a boom in office towers right before height and floor-area limits were imposed around 1990.
So as far as this poll is concerned Austin and Miami "win", as they now both have a super-tall under construction. Of the remaining options I would probably pick Dallas, as some Dallas-proud tycoon won't want Austin and Houston to each have 1 super-tall while the city that anchors that largest metro area in Texas still won't have one.
I just don't see any city right now competing with Miami when it comes to crazy skyscraper growth and modern design. Miami is definitely way ahead in this regard. It looks similar to East Asian cities, or Moscow, Tel Aviv, etc
Las Vegas is another city that has so much potential to build up and become the best modern looking skyline out west, a Dubai/Miami in the desert, but sadly I don't think it will ever happen. The culture there is too suburbia sprawl centric.
Wait… what?!? Tel Aviv? Moscow??
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