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Old Posted Dec 28, 2016, 4:22 AM
DowntownBooster DowntownBooster is offline
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Quote:
Originally Posted by Spocket View Post
It's true that the market doesn't support a lot of office construction now but it also depends on which class of space we're talking about.
It seems that most major cities in North America continue to grow and with that the increase of demand for more office space and subsequent development of more towers. Why is it that Winnipeg seems to be the exception to the rule? We always seem to hear that Winnipeg is growing yet we also hear that if any new buildings go up it only means that existing companies are relocating from older buildings to newer ones. What seems to be the reason that Winnipeg can't seem to grow its office demand like other cities instead of just the reshuffling that goes on? Is there no hope for Winnipeg in that regard? Maybe the desire to be like other growing cities just isn't a reality for Winnipeg. The population may likely continue to grow but perhaps we just won't be a city that gets larger in terms of office demand/development.
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