Sunday, December 11, 2005

High-Rise Boom Raising Questions on Congestion...

How dense can Tempe get, from the Arizona Republic, reports on the thousands of luxury condos, lofts and brownstones that are planned and being built in downtown Tempe and the congestion that this high density development will bring. Northshore, a residential condo project on Tempe Town Lake will break ground this morning, and the developer just announced plans for another 15-story condo tower on the lake. Tempe city leaders estimate 4,000 more units are coming in the next three years. Developers are banking on people's desire to be in the middle of downtown's density, said Tom Tokoph, a broker who specializes in urban real estate. The effects of all the new development remain to be seen. As city leaders OK buildings as high as 30 stories, some long-time residents envision crowds and congestion that will keep locals and tourists away.

http://www.azcentral.com/php-bin/clicktrack/print.php?referer=http://www.azcentral.com/community/chandler/articles/1209t-highhousing10Z6.html

0 Comments:

Post a Comment

<< Home