Quote:
Originally Posted by cabasse
kind of surprising to hear that they removed the office component, considering how little has been built in midtown over the past few years
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They're smart. Midtown has one of the highest vacancy rates in the metro, particularly with Class A spaces (only Downtown and Norcorss/Duluth are worse). Aside from corporate headquarters and boutique incubator-type spaces I'd be surprised to see any new offices in Midtown for at least a few years. In fact, this may be wishful thinking since I find the design so hideous, but I wonder if that Portman computing center for Tech will end up smaller than planned. I know at one point they were even talking about an on-campus alternative. This doesn't seem like a good time to throw half a million square feet of "build it and they will come" office space on the market.