City Lights, Demand for Luxurious High-Rise Living Increases
Demand for sophisticated high-rise and urban living continues to drive a boom, as some developers up the ante with luxurious amenities and restaurants. By Camilla McLaughlin When Trudy Stambook signed on in 1983 as vice president with the developer of the Meridian, San Diego’s first luxury residential high-rise, there were just a few condominiums downtown — perhaps only 400 units — predominately in low-rise buildings. Now, the number of condo units exceeds 11,000. “There is a lot of construction activity now under way; many of these projects are for rentals,” she says. “Our population count downtown is getting close...
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