Quote:
Originally Posted by mwm991
That offices @ river chase ii development seems huge, do they have any tenants already lined up? CBD has plenty of availability with Shell moving to the RD and seen DXC building recently put up for sale with only about half the building leased so I feel this is continuing to spread the region thin but the North Shore is the place to be I suppose...
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New Orleans is in need of more office development across the metro area. You have to give a little and create demand. I'm in Atlanta, a city notorious for overbuilding. There are a good number of buildings downtown that barely have people in them, yet new offices are popping up consistently across the metro area and business is good. This is normal in most major cities. If you build it, they will come.
Do like the rest of the country, build anew and if there's space available downtown or wherever, convert it to housing. Major companies want new buildings/amenities. I'm willing to bet that if Shell wasn't getting a new office building, they would've packed up and moved those 1,000 jobs right on over to Houston.