Once you reach certain heights the cost of construction increases dramatically due to needs of many different things, extra elevator banks, taller elevators, more parking (which is limited on this site because there is a limestone bed 2 stories beneath the surface) different cranes, extended construction period. It's not the same, the banks wouldn't financed it the same. This is why many buildings are around this height, supposedly if you go over you have to go way over to make it worth it.nstudenski wrote: ↑March 28th, 2018, 3:19 pmIsn't it the insides that dictate the height of the tower?
The demand for 20 stories of office space does not cannibalize the demand for 30 stories of apartments.
If there is sufficient demand to support one or the other, there should be sufficient demand for a combined project.
I'm not that savvy to the planning/financing process, but I'm guessing it has something to do with 4 seasons.
Do other 4 seasons projects have combined apartment components?
Also luxury apartment demand is definitely slipping downtown.
Other 4 seasons projects have condos.