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That's just not true at all. With the current nationwide housing shortage and sky-high rents, developers will jump on any opportunity immediately. All you need
by rtlfe 4y ago
That's just not true at all. With the current nationwide housing shortage and sky-high rents, developers will jump on any opportunity immediately. All you need to do is set the right zoning code and streamline the approval process.
Check out this tweet series for many examples: https://twitter.com/search?q=turns%20into%20(from%3Amnolangray)&src=typed_query&f=top https://twitter.com/search?q=turns%20into%20(from%3Amnolangr...
- sokoloff 4y agoThat tweet series shows a bunch of individual parcels developed over a typically 6-11 year timeframe. That's necessary, but not sufficient, to generate an entirely "new downtown" widespread redevelopment all happening simultaneously over a 10-year timeframe.
- rtlfe 4y ago> over a typically 6-11 year timeframe The dates there are just when the street view photos were taken. All of those smaller apartment buildings can be built in under a year, and 1-3 years for a highrise.