Broderick Tower Official Thread

**mikeg19** · June-22-10, 04:54 PM

Why do we always tease ourselves? One building closes down, another gets renovated. It's a viscous cycle around here. I'm happy in fact if the Broderick is FINALLY going to get redeveloped, but hell now the Stott is closing. Every time it's 1 step forward, 2 steps back in this city. It does seem that a lot of projects that were ready to go before the recession hit are either starting up or are getting back on track, but some sustained momentum for once would be nice. If everything going on downtown is lining up the way it looks to be, a REAL revival of downtown may be just around the corner here. But I'll still be cautiously optimistic....

**Hermod** · June-24-10, 02:13 PM

Originally Posted by mikeg19

Why do we always tease ourselves? One building closes down, another gets renovated. It's a viscous cycle around here. I'm happy in fact if the Broderick is FINALLY going to get redeveloped, but hell now the Stott is closing. Every time it's 1 step forward, 2 steps back in this city. It does seem that a lot of projects that were ready to go before the recession hit are either starting up or are getting back on track, but some sustained momentum for once would be nice. If everything going on downtown is lining up the way it looks to be, a REAL revival of downtown may be just around the corner here. But I'll still be cautiously optimistic....

Detroit needs "x" square feet of office space. If there is "x + y" square feet available, "y" square feet will be vacant. Unless you grow the demand for office space in the downtown, improving an office building means that another less improved one will empty out.