6 ms·
Not all of the building needs to be direct residential; for example, I could definitely imagine some light retail, a computer lab, a tool library, an indoor tra
by jxf 2y ago
Not all of the building needs to be direct residential; for example, I could definitely imagine some light retail, a computer lab, a tool library, an indoor track, a gym, et cetera.
- flanbiscuit 2y agoIn Tokyo you have buildings with levels of retail, restaurants, bars, karaoke, etc. I'm sure Seoul and probably other dense cities have this too. Korea Town in mid-town Manhattan also does this, but that's just one little block. I'm really surprised there's not more of this in Manhattan actually. I'm sure it exists more than I'm aware of, but it should be more prevalent in a city that dense.
- _fat_santa 2y agoThe problem here is zoning laws, in most places in the US you can't build businesses right next to residential. We would have to change our zoning laws and do something similar to a 5 by 1 (bottom floor is retail, top floors are residential)
- wkat4242 2y agoThe same in Europe, zoning laws are a bitch and they're basically existing for bribes. Many local city counsellors get paid off to change the zoning laws and thus raise the price of the briber's property.
- immibis 2y agoAt least in Berlin this doesn't seem to be true. While zoning laws are a bitch and exist for bribes, none of them prohibit intermixing offices with residential or retail with residential, and such buildings are very common.
- wkat4242 2y agoYeah true here in Spain it's very mixed too. It's better like that I think because this way the neighborhood doesn't become deserted at night and also we can go to a local restaurant for lunch. The 'zoning' here is more building by building rather than neighborhood based. But I mean the same kind of administrative issue holds back conversions here. Most Office buildings here would be ideal. They're not that big because here it's illegal to offer office space without plenty of daylight.
- kelnos 2y agoRight, these laws absolutely should change. I would hope that any municipality facing a problem like this, with lots of empty office space, would also recognize the fact that their zoning rules are a bad idea.
- onthecanposting 2y agoSometimes offices are empty because banks that own them dictate the lease rates and building managers can't adjust price to fit the market rate. I sometimes think city councils and codes get too much heat on this issue and the 800lb finance gorilla in the room is politely ignored.
- deegles 2y agoI saw a picture of one of those giant suburban developments in Texas... like thousands of cookie cutter homes over a huge area. But I'm sure you could provide the same amount of living space and better amenities in a focused apartment building. There should be schools and restaurants and shops etc spread out over every floor. Or maybe like a 90's shopping mall with a 30 story apartment building on top. It just makes sense to me.
- cooper_ganglia 2y agoWhy buy a nice suburban home and invest in your future when you could instead live in a windowless former office building with hundreds of other families?
- r14c 2y agoA home is a really silly investment (i know that goes against the prevailing "wisdom"). the economic opportunities of living in an urban area coupled with investing in things that are actually economically productive are more likely to benefit you in the future. does your suburb's tax base cover the infrastructure maintenance costs? is this why suburban folks are so sensitive to their property values, because any little thing could send the development into a tail spin? sounds like a pretty dodgy investment to me.
- TheAmazingRace 2y agoA home is considered the new hotness, and if you don't own one, you're not financially smart for some reason. At least this is according to the hivemind at /r/personalfinance. Meanwhile, there are very legitimate reasons not to own a property. Methinks people buying right before COVID at rock bottom interest rates has clouded the judgement of many. This is not a sure fire road to success right now, I can tell you that much.
- thaumasiotes 2y ago> and if you don't own one, you're not financially smart for some reason. At least this is according to the hivemind at /r/personalfinance. The government will give you a bunch of free money to leverage an investment in real estate. This isn't true of other investments.
- dylan604 2y agoI used to live in 100+ year old warehouse building converted to residential. It has even less windows than a glass paned high rise. They used the interior space exactly like this. One floor had a gym. Some floors converted the space to storage units available to the residents. Other floors had other shared common space. All ideas as you probably took 5s to come up with. It's really not a hard problem to solve that any developer worth their salt would not be able to solve.