Quote:
Originally Posted by eschaton
Regardless, it's so disappointing. If Three Crossings, Bakery Square, and South Side Works can make urban fringe office space with minimal surface parking work, Buncher should be able to as well.
|
Yeah, it just doesn't seem to make any sense whatsoever for them to propose the amount of surface parking that they have in those renderings. Bu then again, it is Buncher that we're talking about.
Quote:
Originally Posted by eschaton
So, there was an article linked from the WSJ elsewhere on the forum which focused on Baumhaus ( behind paywall). Looking at the information available online for the building, the following seems to be true.
1. It has very expensive micros ($1,500 per month for 380 square feet).
2. Apparently you have the option of renting a single bedroom in a three bedroom apartment for between $1,104 and $1,219 per month.
3. The units come fully furnished, with weekly maid service that does cleaning, changes/washes your linens, and even refills your soap and shampoo.
This leads me to the conclusion the building is not catering to "young professionals" at all. Similar to what SkyVue developed into, and what the Empire seems likely to be, it's a glorified dorm. A high end privately-owned dorm for wealthy students, but a dorm nonetheless.
|
I'm not so sure that wealthy students are primarily in mind (though I'm sure they enter into it)... it seems that developers are betting on 20-something young professionals desiring more amenities and social opportunities than they are desiring space.
Not having to furnish an apartment, not having to set up or pay utilities, not having to clean up after yourself, etc. can be pretty enticing for a premium price. Throw in well-equipped common areas (party/movie room, bar, cafe/lounge area, roof deck, pool, gym, garden, etc), bike lockers, programming/activities, and a bunch of other young, good looking, affluent residents all in a sleek, modern package... and it's like Bachelor in Paradise on Baum Blvd.
It's almost a continuation of dorm living after you graduate, considering how plush many modern college dorms/college apartment buildings are now. I imagine certain amenities are now basically expected by young college grads to come with apartment living.
Quote:
Originally Posted by photoLith
1500 for a tiny loft? What do they think this is, NYC? I lived right in the heart of downtown Houston in a loft apartment on the 18th floor of a building and had a huge balcony and a sick view and it was only 750 4 years ago. I would live in a tiny loft if the price was like 500 a month, not 1500, that's nuts. I wish Pittsburgh had tiny ass loft apartments that were actually affordable. I'd live in one again in a heartbeat.
|
If you're young, not from here, don't plan to stay too long, have $, want a convenient urban location, want to easily meet others to party/have sex with, etc... I can see it being a pretty attractive option, with little responsibility to go along with it.