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110 East: 23 story Tower by Stiles/Shorenstein


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4 minutes ago, KJHburg said:

speaking of this new tower, when can we expect to see a rendering of some sort.  Obviously they know the size and number of floors for it so the architect must have an idea.  Plus you will need that to market it even if it is  tweaked. 

Agree, break out those pics ! 

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This explains the soil sampling from a few months back.  I hope this building has signature architecture.  The site is too good not to be a little creative and adopting some of the existing SE feel into the building.  

This will be a tight space, parking for Tupelo will be really interesting in the near future.  

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3 hours ago, thenewkage95 said:


Does it cost more to build one 46 story building or two 23 story buildings?


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Definitely costs a lot more.  Also - Financing too.  1 - 23 Story Building can be constructed and leased much faster allowing the Developer maximum flexibility to flesh out the market and pause/reset as is needed.  Seems like this cycle is coming to a close.  I just hope they break ground within the next 6 months.  If so, this is much more likely to get built then if the developer breaks ground around Nov/Dec 2020 or later.  Just too much financial market uncertainty by then.  Things are currently slowing down

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13 hours ago, JorgiPorgi said:

Saw this on Instagram. Kind of gives you an idea of what the area could look like. So surprised to see this type of development right here- but it was bound to happen eventually. 

 

I'm pretty surprised.  So many ~20 story buildings having momentum so soon is not what I expected this soon.  I wonder if this will ever happen along the BLE....

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2 hours ago, wilmore said:

How is Fuel Pizza still in business there? 

That and the Rite Aid/Seafood restaurant/asian place will all soon be gobbled up and rebuilt. Recent Zoing changes will help and logical progression from nearby growth. I think the property around there is selling for like 12m an acre.

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1 hour ago, Desert Power said:

I'm pretty surprised.  So many ~20 story buildings having momentum so soon is not what I expected this soon.  I wonder if this will ever happen along the BLE....

Eventually it'll happen along the BLE, but you've gotta have a critical mass of apartments first, then with that comes retail/entertainment/restaurant, then finally office towers (that's a very very general way of saying it). It won't be this development cycle for sure, or maybe even the one after that. Wouldn't totally shock me to see people start to gobble up big acreage along the BLE after the next recession though.

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28 minutes ago, Madison Parkitect said:

Eventually it'll happen along the BLE, but you've gotta have a critical mass of apartments first, then with that comes retail/entertainment/restaurant, then finally office towers (that's a very very general way of saying it). It won't be this development cycle for sure, or maybe even the one after that. Wouldn't totally shock me to see people start to gobble up big acreage along the BLE after the next recession though.

I agree whole heartedly.  I would love to see High Rise Construction in the UCity as well but I think it’ll be a better chance of that in the closer in neighborhoods like Optimist Park/villa heights by time of the next economic expansion.

Edited by Hushpuppy321
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