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If you price it for the college crowd, absolutely. The university keeps expanding, a lot of first-year housing is becoming triples, and then after the first yea
by fotta 5y ago
If you price it for the college crowd, absolutely. The university keeps expanding, a lot of first-year housing is becoming triples, and then after the first year most students move off-campus.
Of course, any new construction won't be priced toward that crowd. But yes the demand could feasibly exist.
- AnthonyMouse 5y agoThe real issue is that Davis is farm country. Taller buildings cost somewhat more per square foot. You need a stronger foundation and building materials, past a certain height you need pumps for water and things like that. That's worth the cost where land is expensive and you're building a 30 story building next to a bunch of 15 story buildings you'd otherwise have to knock down. When you're building next to cows, you just build five story buildings or two story buildings and build more of them, because the land isn't that expensive. This is presumably why it's easier to pass there. Not going to be a lot of takers on the skyscrapers. Though it could still be useful if you get some five story buildings where there might have only been single family homes.
- kevinburke 5y agoTrue, though, you could potentially buy land near downtown at single family home prices, which would help. Also the same rules currently apply in Redondo Beach which is a little bit more expensive.