Quote:
Originally Posted by Michi
Well, I'm not sure about you, but I'd say excess of $1 billion dollars in investment in any downtown is considered a boom.
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$1 billion is nothing to sneeze at, but in major US cities that's not considered a boom; and considering the (unfortunate) general lack of high rises going up, it's hard to think of it as a boom in GR either.
It really is a shame GR developers have been so timid while urban developers in so many cities across the country rode the national urban housing boom, putting up condo tower after condo tower - and raked in the dough. Maybe next upswing GR's won't be so hesitant.