Quote:
Originally Posted by Street Advocate
Occupancy rate has to do with economics and basic supply and demand. Not some uninformed statement on an online forum.
|
Oooh, bless your heart...
West Midtown and Midtown proper are experiencing an unprecedented building boom, but Atlantic Station, which separates the two, hasn't built a high rise office or residential building in a decade. FYI, the 10 story midrise currently under construction is not a high rise.
So what's the problem? Is it the economy? Supply and demand? Lack of rail transit? Incompetence in visionary planners?
You could take any one of the new residential high rises (except student housing) and have it constructed in Atlantic Station and the building may or may not achieve the occupancy rates in the other two districts
(regardless of economics and basic supply and demand).
So is it building design that's driving occupancy rates or location, location, location? Just