Tucy wrote:And in reality, it would take a lot more than 11,000 units. 1.75 occupants per unit is very unlikely to ever happen. 1.4 is more likely, at full occupancy. 20,000 people at 1.4 per unit requires more than 14,000 new units. That's crazy talk. Doesn't even pass the giggle test.
As I said before, I think this is with the expectation of Amazon coming.... and showing Amazon that we have a plan to absorb tens of thousands of new residents in the core. I don't think they're saying 20,000 people are moving downtown for sure, just that it can and it's feasible. If Amazon announced tens of thousands of jobs in Downtown Dallas, financing for new residential towers would be easy to get and you would see a construction frenzy. The land is there, the infrastructure is there, the plan is there, the transit is there, now there just needs to be an influx of jobs and it is all possible