dean1484 said:
This to me looks like something that just because they can do it they have lost sight of if they should do it.
I feel like there has to some kind of scheme going on here. I can't imagine needing to add that much sq ft of retail, office, and luxury apts to downtown.
There are already a lot of luxury apartments that are empty because they somehow think people in Oklahoma are going to pay $2200+ in rent for a 1400 sq ft 2/2 apartment. I've seen some 2000 sq ft 3/2.5 with outdoor parking with asking rents as high as $3600 per month. You know the kind of home you can buy around here with that kind of monthly payment?
Duke
MegaDork
4/24/24 4:14 p.m.
Ian F (Forum Supporter) said:
In reply to Duke :
Could multiple cars use the same vertical shaft?
There are double-decker elevators that have 2-story cars, but no, you can't have 2 independent elevator cars in a single shaft unless they are vertically zoned with zero overlap.
P3PPY
SuperDork
4/26/24 7:37 a.m.
z31maniac said:
dean1484 said:
This to me looks like something that just because they can do it they have lost sight of if they should do it.
I feel like there has to some kind of scheme going on here. I can't imagine needing to add that much sq ft of retail, office, and luxury apts to downtown.
There are already a lot of luxury apartments that are empty because they somehow think people in Oklahoma are going to pay $2200+ in rent for a 1400 sq ft 2/2 apartment. I've seen some 2000 sq ft 3/2.5 with outdoor parking with asking rents as high as $3600 per month. You know the kind of home you can buy around here with that kind of monthly payment?
In my mind, you only go UP because you're running out of room to go OUT within a reasonable commuting distance. And prices jump up because housing is scarce if you want to live near the action.
I haven't lived there for 20 years, but IIRC, there is neither a lack of nearby space for building new offices or houses and there is no "action" to speak of. I remember OKC having decent highways, meaning you could traverse the whole thing in like 20-25 minutes (rough guesstimate). Try that in Chicago, or Houston, or NY and then you see why it's not feasible to work downtown and buy a cheap house just one more highway exit away.
Odd as it sounds, there is indeed something kinda strange about this. I imagine the real question for a lot of people is "Why??"
