Originally Posted by
Onthe405
IMO, projects like 432 Park are uniquely Manhattan-esque, and would be difficult to imagine as commercially viable in a city like Detroit---where land is so inexpensive & plentiful, it's basically at a surplus. "Skinny skyscrapers" like 432 are expensive to engineer/construct and can serve only one purpose: residential. The square footage on each floor is too small for more profitable mass commercial leases. Allegedly, some wealthy potential owners even passed on 432, because [[despite the view), the square footage of one floor was far too small to meet their needs.
The required pricing for each residence in order to pay for such a costly project would be a tough sell in the Detroit real estate market---actually in any market outside of a handful of US cities.
Another footnote regarding 432 Park is that it is currently the tallest building in the US. Like many other skyscrapers, One World Trade & Willis [[former Sears) "cheat" by including the spire [[non occupy-able space) in the total height of the building. Willis is 1,354 to the top floor, 432 Park is 1,396.