aggies4life said:
Wonder why they aren't going higher?
Spitballing here,
-Less available capital than the other developers paired with high lending costs right now?
I'm assuming Culpepper paid for a thorough feasibility study before planning this and...
-Developer is more conservative and going smaller is less risky
-Or with all the other stuff in the pipeline this is the appropriate size for the expected demand?
Zoning is Transitional Northgate, so maybe they ran into height restrictions?
-Can go more dense closer to University later with the other land, and the height is to transition between the high-rises and the neighborhood? City might have had an opinion on that.