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Nic, on Aug 7 2006, 07:08 PM, said:
Hey JDawgboy, I don't think he was saying they were growing faster.
But, just to let you know, most people consider MSA (metro) growth to be a much better indicator of an area's growth. I say this because although San Antonio may have been estimated to have added more people since 2000 in it's city limits, Austin's metro has actually been estimated to have added more people than San Antonio's metro since 2000 (not to mention since 1990). But regardless, both areas are definitely booming.
Also, Austin has the most expensive real estate of the major cities in the state. This goes for residential (look at our median home prices in comparison to the others), as well as commercial (TX record breaking sale prices p/sq. ft. of 300 West Sixth, and then Frost Bank Tower).
Lastly, can you tell me if San Antonio has more constraints to downtown construction than Austin? I mean, capitol view corridors, flood plains from the Colorado River, Waller and Shoal Creeks, alot more historic structures than most realize, and of course we have neighborhood associations from all the old, established neighborhoods abutting downtown whom cry foul if they deem a tower too near their neighborhood, or even Town Lake.
My point is, I don't think land prices, or some other insurmountable constraints are the reason behind the perceived lack of new residential towers in downtown San Antonio.
But, just to let you know, most people consider MSA (metro) growth to be a much better indicator of an area's growth. I say this because although San Antonio may have been estimated to have added more people since 2000 in it's city limits, Austin's metro has actually been estimated to have added more people than San Antonio's metro since 2000 (not to mention since 1990). But regardless, both areas are definitely booming.
Also, Austin has the most expensive real estate of the major cities in the state. This goes for residential (look at our median home prices in comparison to the others), as well as commercial (TX record breaking sale prices p/sq. ft. of 300 West Sixth, and then Frost Bank Tower).
Lastly, can you tell me if San Antonio has more constraints to downtown construction than Austin? I mean, capitol view corridors, flood plains from the Colorado River, Waller and Shoal Creeks, alot more historic structures than most realize, and of course we have neighborhood associations from all the old, established neighborhoods abutting downtown whom cry foul if they deem a tower too near their neighborhood, or even Town Lake.
My point is, I don't think land prices, or some other insurmountable constraints are the reason behind the perceived lack of new residential towers in downtown San Antonio.
Goodness, second time you lash at me first about Toll roads and now this. It was just a comment thats all but Ill state my point...
This is off topic but Im looking for an artical that the San Antonio Express news came out with not too long ago stating that because of the Riverwalk in downtown SA, the property values and land prices were the highest of any downtown in Texas. We are not talking about the office market and we are not talking about property values city wide, this is just for Central business districts... Also there is an ordanance in SA that states that no building can cast a shadow on the Alamo. Maybe not as restrictive as the Capital view corridors, but it definatly takes out several spots for building highrises especially in that part of downtown. The Riverwalk is another obstical in itself and the city requires certain criteria for any new buildings being built along the riverwalk including height and setbacks.. San Antonio has a historical and preservation council wich is as strict as any zoning commission and has alot of power and say of how tall buildings will be, what design, if it fits in with the historical Character of SA ect.. SA will get condo construction in its downtown but its taking alittle longer, and land prices in downtown are part of the problem.
Honestly this isn't the thread to have this conversation, I just made a comment and that was all. This is about Novare 360 and its construction.
Edited by JDawgboy, 13 August 2006 - 03:04 PM.
I disagreed with you, and wanted to state my opinions and ideas. I apologize if you feel as though I am lashing at you when I respond to your comments.
Cool!
