Tag

Economic Feasibility

All articles tagged with #economic feasibility

architecturereal-estate1 year ago•4 min saved

"Surprising Location: Plans for America's Tallest Skyscraper Unveiled"

Developers are proposing to build the tallest building in America, the 1,907-foot "Legends Tower," in Oklahoma City, a surprising choice given the city's size and the current trend of decreased demand for office space. The tower would include a hotel, apartments, and retail space, and is part of a larger mixed-use development project in the city. However, the proposal faces skepticism from the mayor, economists, and experts who question the economic feasibility and market demand for such a massive project in a city of Oklahoma City's size.

via CNN|

#architecturereal-estate #development-project #economic-feasibility

urban-development2 years ago•3 min saved

"Bloomfield Square Development Faces Zoning Setback, Jeopardizing Housing Project"

A proposal to add housing units, a grocery store, and a public plaza to Pittsburgh's Bloomfield neighborhood has been denied by the city's Zoning Board of Adjustments. The board denied a variance for increased height and additional housing, including affordable units, for the project. The developer, Echo Realty, sought to increase the maximum height allowed on the site to build a 248-unit apartment building, a grocery store, retail space, and parking. The board cited the lack of authority to disregard council determinations and insufficient evidence for the variances. The decision has raised concerns about housing supply, economic growth, and exclusionary zoning practices in the neighborhood.

via TribLIVE|

#affordable-housing #bloomfield #economic-feasibility