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unlike SF, we've got land to build on, and are doing so. lots of new apartments south and east of Lake Union - aka Amazonia.
by Scuds 10y ago
unlike SF, we've got land to build on, and are doing so. lots of new apartments south and east of Lake Union - aka Amazonia.
- astrodust 10y agoSan Francisco has tons of land to build on. The density there is an absolute joke. Whenever someone proposes building something one story too high the local neighborhood groups lose their collective shit and shut it down.
- kbenson 10y agoUnrelated, but I wonder what the sweet spot is height/floor wisefor developing affordable units. That is, given zero pushback from local citizenry and groups, if a locality wanted dense housing due to lack of space, at what point does adding a story make average cost per unit slightly more expensive instead of slightly less expensive (assuming it actually is cheaper to add a second or third story than a single story complex).
- mahyarm 10y agoIt's really a function of land cost. A high rise unit costs about $30k more per unit according to here: http://www.humphreys.com/wp-content/uploads/2013/02/MFT_FL-04.pdf http://www.humphreys.com/wp-content/uploads/2013/02/MFT_FL-0... There are also costs that developers do not directly pay for but a city pays for. Maintaining all of the miles and miles of road, metro, pipes, power lines, police patrols and so on is more expensive than the equivalent amount of people in a smaller space.
- kbenson 10y agoThanks, that's useful information, but it looks like it's already heavy on one one of the spectrum. 40 unit and 160 unit comparisons are interesting, but I assume those are already from 6-8 floors to 30-40 floors. I'm also interested in the costs of units between 2-3 floors to 5-6 floors. As floors increase, that report shows an increase in construction costs (I assume because of the pain of building higher and the extra support needed to bear the load). If it's not always an entirely smooth curve of cost as floors increase, there may be some sweet spots (local maxima) in there were you maximize per-unit value. E.e. if an 11 floor building requires different, more costly building methods, it's entirely possible that a 10 floor building may be a better investment than 11, 12 or 13 floor building, and then at 14 floors it's a better value than 10 floors again. It would make sense to have building and ordinance codes line up with building realities, but they likely don't.