mississippiyuppie
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Posts posted by mississippiyuppie
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How in the world are 400 condos going to suck the demand out of downtown for the next 20 years? Rolling Hill Mill alone has over 1,000 in the works...ICON has 400 something (200 of which it sold out of in 48 hours). Just because its 65 stories doesn't mean that this is the most significant downtown development. Compared to RMH, Icon, and whatever is planned for the sounds stadium, signature is really a step down in terms of units. I don't think it is going to be a problem to sell all 400 condos for the tallest building in the south. However, getting it off the ground is where I think we might see a problem...but only time will tell.
interest rates...real estate bubble...pop
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"I'm not worried about this excluding anyone if the demand is there."
It's too bad that if this thing is built (and this is a BIG IF), it would most likely suck the demand right out of downtown for the next 20 years and we'll still be stuck with the same ol' surface parking lots...nice.
Seems like spreading the demand makes more common sense. It's too bad that people won't realize this until it's too late.
Signature Tower
in Nashville
Posted
originally from Mississippi...haved lived in Nashville for the past 4 years.
Don't get me wrong, I'm all about downtown Nashville thriving. In my opinion though, there are many factors to making this happen. A bunch of egotistical skyscrapers won't get it done.
A better school system would certainly help downtown Nashville/Davidson Co. compete with Cool Springs. Okay, I'll stop there...
If everyone thinks we'll just continue to develop 1000' buildings and fill up downtown with units the majority of people can't afford, so be it. Sounds like a great sustainable future for us.