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Awesome to see you back , Kevin, your insights have been missed. The apartment explosion that you mention briefly above deserves some intention, too, as it presents some Boom/Bust risks that we will likely have to face in the coming years. When OWD and WHNNA neighbors were negotiating architecture, massing, and design with the developer of Circle Ninth apartments I remember asking the developer how they knew there was demand for that kind of housing stock. The answer was they had commissioned a market report and based the price point for the apartments on the report data which indicated unmet demand. In just around a year, however, 5 (or more?) other developers had proposals for similarly-priced apartment complexes close to downtown, which made me wonder if they were all reading the same marketing report? Anyhow, looking forward to getting my Bull City updates from you once again!
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Jun 15, 2015