The Post is reporting that development is in the works to build a Condo/Retail/Parking high rise at Fifth and Race streets Downtown. This is huge news! The proposed 15 to 20 story building would fill an empty eye score and put up a YP centered development that would give a shot into the arm of Downtown that will drive the Fountain Square area to new heights. If this building gets off the ground and keeps its market target in focus, then the sky is the limit. Downtown living has been rising for quite some time now, but if they put affordable Condos for a wider YP demographic, then development may enable a Downtown revival beyond anyone's hopes.
Yea, I am optimistic on this, and we are a long ways from it becoming a reality. The key to a Downtown revival has always been having a real neighborhood of residents. Make it easier for people to live downtown, and they will want to work and play downtown.