atlantaden
Senior Member
- Joined
- May 31, 2006
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Re: W Hotel
I counted at least 12 cranes outside our hotel room window alone; it seems as if they don?t have the same problems attracting investors that we do in Boston.
Atlanta is the same; cranes everywhere, all sorts of construction going on. IMO, Boston doesn't lack investors, it's the sheer weight of regulations/public hearings/NIMBY's/etc. that I think turns many potential investors off. Here in Atlanta (and I would guess many other Southern/Western cities as well) you'll read in the Atlanta Business Chronicle in January about a proposal to build a 50+ floor complex with construction to begin in June...of the same year!! Very little in the way of neighborhood input or whatever; the city gives it's approval and it's built. In Boston, it literally takes years from the day a project is proposed to the day that the 1st shovelfull of dirt is lifted. I'm not saying either way is the right way, just making an observation. I do know that in Boston, the neighborhoods get lots in the way of concessions and in Atlanta, they get very little.
ps..how do you highlight someone's quote from another article?
I counted at least 12 cranes outside our hotel room window alone; it seems as if they don?t have the same problems attracting investors that we do in Boston.
Atlanta is the same; cranes everywhere, all sorts of construction going on. IMO, Boston doesn't lack investors, it's the sheer weight of regulations/public hearings/NIMBY's/etc. that I think turns many potential investors off. Here in Atlanta (and I would guess many other Southern/Western cities as well) you'll read in the Atlanta Business Chronicle in January about a proposal to build a 50+ floor complex with construction to begin in June...of the same year!! Very little in the way of neighborhood input or whatever; the city gives it's approval and it's built. In Boston, it literally takes years from the day a project is proposed to the day that the 1st shovelfull of dirt is lifted. I'm not saying either way is the right way, just making an observation. I do know that in Boston, the neighborhoods get lots in the way of concessions and in Atlanta, they get very little.
ps..how do you highlight someone's quote from another article?