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Originally Posted by We vs us
Yah, I think this is what I was remembering.
You bring up a good point about Uptown — it’ll be interesting to see what they decide to do now. Is it a large enough project with a long enough tail that it can survive the commercial space downturn? Or do they pivot to more housing?
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In Austin at least, I believe the predictions of an elongated commercial space downturn are being greatly exaggerated. Anecdotally, since the turn of the new year, I see a LOT more people out and about downtown at lunchtime during the week. I realize that's not hard numbers/evidence, but the difference is definitely noticeable when compared to just a couple months ago.
Sure, some companies may stay permanently remote. But a not insignificant number of companies are now requiring employees to return to the office at least a few days a week, if not full time.