Quote:
Originally Posted by MightyYoda
I wouldn't get your hopes up, it is looking more and more likely this won't happen. They are having trouble getting pre-leases and it makes sense why if you look at the vacancy for Class A space. There really isn't enough demand to build something this large it seems.
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M Y you are probably correct in your statement...As I've said before, the Fairmount is the most important building in this current wave of contruction and speculation of contruction..If it is built Austin's hi-rise activity will continue..If all it is is banter then batten down the hatches because nothing over 15 stories will be built for a long while..Local and outside developers are really eyeing the Fairmount's progress.In some strange way I see the Fairmount as Austin's gesture to the international traveler. These people like unique properties not chain properties regardless of the quality of that chain property.