Greenville Highrise Index

[gman430]

2 hours ago, Danmire said:

Why build empty office buildings?  The world of the office has completely changed.  Why would a company now pay premium for Class A downtown office space when employees can be more productive working form home, and these companies can save money for bricks and mortar rent.  The next focus is now going to be how can these offices spaces be repurposed so they can be leased out.

Southern First has no idea what you’re talking about: https://groundbreakcarolinas.com/southern-first-bank-to-build-new-corporate-headquarters-in-greenville-sc/ 

Facebook doesn’t either: https://www.bloomberg.com/news/articles/2020-09-15/facebook-buys-rei-s-hq-showing-there-s-life-for-office-demand

We need more highrises. Big shiny things.  Oh and more tower cranes too. Gotta keep Apaladin happy. 

Edited September 23, 2020 by gman430

[GvilleSC]

11 hours ago, Danmire said:

Why build empty office buildings?  The world of the office has completely changed.  Why would a company now pay premium for Class A downtown office space when employees can be more productive working form home, and these companies can save money for bricks and mortar rent.  The next focus is now going to be how can these offices spaces be repurposed so they can be leased out.

To be fair, there are other uses besides office space.

Residential demand will be interesting to watch as people may or may not be required to live in the big cities for their jobs. They may still want an urban core experience and can find quality (and cheaper) options for that in smaller locales. There will also be industries that cannot or do not go completely remote. There is something to be said for collaboration and in-person efficiency and effectiveness. 

Edited September 23, 2020 by GvilleSC

[gman430]

We need more highrises. What is so hard about this? 

[Cityplanner]

17 minutes ago, gman430 said:

We need more highrises. What is so hard about this? 

Paying for them, in the absence of tenants?  Not trying to be snarky, but buildings are generally built when there is demand or expected demand, at in a profitable way.  Zoning, economic conditions, competitive advantages of different locations, etc. all factor into this.

[gman430]

31 minutes ago, Cityplanner said:

Paying for them, in the absence of tenants?  Not trying to be snarky, but buildings are generally built when there is demand or expected demand, at in a profitable way.  Zoning, economic conditions, competitive advantages of different locations, etc. all factor into this.

If you build it, they will come. They will all come.  

[Cityplanner]

1 hour ago, gman430 said:

If you build it, they will come. They will all come.  

Unfortunately the developers of Greenville Mall may think otherwise (as may the developers of all of the new downtown hotels).

[gman430]

1 hour ago, Cityplanner said:

Unfortunately the developers of Greenville Mall may think otherwise (as may the developers of all of the new downtown hotels).

Those aren’t highrises though. Highrises are a different breed. They have tower cranes.  It’s only a matter of time. 

Edited October 19, 2020 by gman430

[distortedlogic]

There's something very familiar about this poster...

[gman430]

A very fitting story: https://www.cnn.com/world/live-news/coronavirus-pandemic-vaccine-updates-01-15-21/h_a22d7423adf800a4c569ea71253a727d

[gman430]

 

In short: “There is a lot in the pipeline,” White said.

https://www.thestate.com/news/business/article249780953.html

[GvilleSC]

56 minutes ago, gman430 said:

 

In short: “There is a lot in the pipeline,” White said.

https://www.thestate.com/news/business/article249780953.html

I can't read the article... 

[motonenterprises]

Yes. What he said. Lol.

[goodbye]

I doubt the "$180M coming to Greenville" includes a real highrise, unless it is for the proposed conference center/museum/condo development at RiverPlace.  Perhaps they would include 5-8-story buildings as "highrises," like we did years ago when this thread was created.

[gman430]

It’s gonna be a tall tower crane. Almost as tall as the Grand Bohemian’s. 

[distortedlogic]

Hey, maybe somebody with access can give us a synopsis so we don't just have to guess? 

[gman430]

4 hours ago, distortedlogic said:

Hey, maybe somebody with access can give us a synopsis so we don't just have to guess? 

Nothing real new or exciting. Pretty much everything we already know. Just talked about the investment downtown lately like with Camperdown and the shifting of office tenants including BofA, Elliott Davis, and Wyche. Mentioned $180 million planned in near future investment downtown including the upcoming UCB’s new headquarters and Kimpton hotel. Also mentioned how the city is trying to fill vacant retail/restaurant spots including the former Brooks Brothers.

Edited March 10, 2021 by gman430

[goodbye]

So basically, we filled a few lines in an otherwise unrelated thread.  UCB will not be a real highrise, but at least Camperdown fits the definition locally.

[gman]

Is it good timing for a new high rise in Greenville? Based on this piece in the Greenville Edition of the Post and Courier, maybe so. “Flight to quality’ drives office space uptick, in Greenville and elsewhere.” https://www.postandcourier.com/greenville/business/flight-to-quality-drives-office-space-uptick-in-greenville-and-elsewhere/article_0b663156-804d-11ec-85a6-2b2e19e90b5e.html?utm_campaign=blox&utm_source=twitter&utm_medium=social

Edited March 13, 2022 by gman

[gman430]

When we are talking high rise, we are talking about something at least 15 stories tall and not seven right?  Hopefully these new leases cause the empty retail and restaurant spaces downtown to get filled and stop anymore from closing. The additional workforce should definitely help the lunch crowd.

Also, Verizon did recently and unfortunately put their call center which is class A space and almost 200,00 square feet up for lease but that’s in the suburbs of Mauldin and not in the CBD of Greenville luckily. 

Edited March 13, 2022 by gman430

[GvilleSC]

8 hours ago, gman said:

Is it good timing for a new high rise in Greenville? Based on this piece in the Greenville Edition of the Post and Courier, maybe so. “Flight to quality’ drives office space uptick, in Greenville and elsewhere.” https://www.postandcourier.com/greenville/business/flight-to-quality-drives-office-space-uptick-in-greenville-and-elsewhere/article_0b663156-804d-11ec-85a6-2b2e19e90b5e.html?utm_campaign=blox&utm_source=twitter&utm_medium=social

That was good perspective on the Canal move into the CBD, and how much space they’re actually taking in 101 N Main. 

[gman430]

What is “Downtown Tower & Pavilion” listed under 10A: 

https://www.greenvillesc.gov/AgendaCenter/ViewFile/Agenda/_04072022-3007?html=true

Edited April 1, 2022 by gman430

[cabelagent]

3 hours ago, gman430 said:

What is “Downtown Tower & Pavilion” listed under 10A: 

https://www.greenvillesc.gov/AgendaCenter/ViewFile/Agenda/_04072022-3007?html=true

Uh-oh….cat coming outa the bag soon? 

[btoy]

Cat as in Caterpillar?

[goodbye]

On 4/1/2022 at 1:37 PM, gman430 said:

What is “Downtown Tower & Pavilion” listed under 10A: 

https://www.greenvillesc.gov/AgendaCenter/ViewFile/Agenda/_04072022-3007?html=true

Could this be related to the underwhelming Unity Park observation tower?

[GvilleSC]

2 minutes ago, Skyliner said:

Could this be related to the underwhelming Unity Park observation tower?

That crossed my mind, but I think they would have been more specific in their generic description to say "Unity Park" rather than downtown. Does DRB have jurisdiction over Unity Park?