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Discussion Starter · #1 ·
In the seattletimes realestate section on Sunday, June 10th, there was a picture of the Stewart and Minor project, showing an approx 40 story loft building with 18 foot ceilings. I have no idea how many floors that would be, but if somebody takes a look in the paper, they could probably scan and post it here.

http://www.stewartandminor.com/
 

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In case anyone missed it - PSBJ added the full article to their site earlier today:

http://seattle.bizjournals.com/seattle/stories/2007/06/25/story4.html?b=1182744000^1479985

I have to say, the concept sounds a bit out there to me - surely unique. I just dont see that many people modifying their units later, but who knows... The high ceilings and windows are pretty cool of course. And based on the location, the units facing the city should have pretty nice panoramic views.
 

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Depends.

If you're talking about developers making vague projections 18 months out, for a building type where demand can fall easily or where presales/preleasing is required, then sure. We've had periods where little or nothing of a certain type gets built for a while.

But predictions get easier as construction approaches, especially when no presales/preleases are required. If a start date is announced a few months out, the developer still faces significant hurdles, but those dates are met within a few weeks a pretty large percentage of the time.
 
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