Actually, Chicago has dozens in the 60-story range and most other cities St. Louis' size or larger have at least one 40 plus story residential tower.
Not MOST other cities have taller residential buildings.
Interesting, albeit somewhat unrelated fact. The following cities have, or will have by 2010, buildings as tall or taller than any building in St. Louis:
Des Moines, Tulsa, Omaha, Mobile, Kansas City, Cincinnati, Jacksonville, Sacramento, Tampa, Columbus, Nashville, Louisville, Minneapolis, Charlotte, Pittsburgh, Indianapolis, Las Vegas, Baltimore, Seattle, Denver, New Orleans and Milwaukee, and most of these cities have at least 3 or 4...
SOME of these cities will have taller COMMERCIAL buildings (now or proposed) not all RESIDENTIAL. AND most (see review below) don't have anything seriously proposed over STL height. If they do - remember it is just that PROPOSED. Anyone can Propose. Sales must be at a GOOD percentage before a 40 or even 60 story residential building will be built. In addition, many new towers are combining both - residential and commercial - in order to achieve building. Not many banks will finance a building before around 50-60 percent is in pre-sale.
The fact that STL is actually selling it's new highrise buildings and they are getting built is better than one huge project that may not get built. STL is also unique because we are rehabbing so many of our older smaller highrise buildings into residential buildings NOW. These are selling and filling nicely, they also add a lot of charachter. BUT, new buildings like the Park East Tower, 4545 Lindell, Lindell Condominum Tower and the Renaissance on Euclid are all nice fits to begin.
STL ALSO DOES have 40 + story tall proposals in Residential Highrise living too (just like most of these cities listed - proposed).
I would rather propose 25 - 40 story buildings (like we are) and get them sold and built faster than proposing a 50-60 + story building that probably will not sell and get cancelled or be pushed off - much less after completion have outrageous occupancy rates and cash strapped. Look at Mobile with the new mixed use RSA Tower - standing just over 600 feet and the tower features 80 commecial / 20 residential and is being built with only 50 percent occupied overall. It is the biggest news in Mobile (I know I use to live there) about how the thing will finance itself and will ever get filled. The rest of the beautiful buildings downtown are over 70 percent vacant and mostly shuttered. That is not the way to build a city!
I like that STL HAS rebuilt itself and now is begging to build up and new because of DEMAND!
Interesting, albeit somewhat unrelated fact. The following cities have, or will have by 2010, buildings as tall or taller than any building in St. Louis:
Cities in Review:
Mobile: The RSA Tower - see above.
Louisville: Museum Place has a very slim chance of being financed and built. The building is very strange looking if you ask me and is also mostly commercial space.
Charlotte: Already does
Nashville: Signature Tower, same thing goes for Nashvillle as Knoxville on getting this building up
Vegas: Yes
Baltimore: Mixed use 10 Inner Harbor may be built according to sales again
New Orleans: Yes - but probably not soon. I just came back from there ysterday and the city looks worse now than just after Katrina - the place is a dump and the people are not there. The quarter is the only part that is going.
Tampa: Yes, if Trump get's the interest
Seattle: Already does
Sacramento: Maybe, first I would like to see them get one of the 10 proposed sold and done. It maybe easier there because it's Cali.
Denver: Already does
Minneapolis: Already does
Tulsa: None proposed
Omaha: None proposed
Cincy: None proposed
Milwaukee: None proposed
Kansas City: None proposed
Des Moinse: None proposed
Columbus, OH: None proposed
Indy: None proposed
Again, I would rather have a viable, livable and successful city under tall buildings than just a white elephant hovering over vancancy rates, desolate streets and dwarfing what ever other skyline exists. In addition, I want any tall building full of life.





