Quote:
Originally Posted by bilbao58
Washington Post had an article about Austin last year that included this: "Roughly 87 percent of new office space is expected to open vacant, according to data from the commercial real estate firm Cushman & Wakefield."
https://www.washingtonpost.com/busin...ate-doom-loop/
I wonder if those approved-though-not-yet-built projects will actually happen? Houston-in-the-early-80s vibes. |
I thought almost all of the talls in downtown Austin (UC and proposed) were residential. My understanding is they sell out quickly. Someone with Austin data could probably enlighten us, though.