Destination downtown? How Dallas’ recovery could get a boost from hybrid work | mitchschnurman
, a real estate information and data provider. “The concentration of restaurants, the number of businesses, the skyline. There’s a unique energy downtown, and it cannot be duplicated.”
The office vacancy rate in downtown is 25.6%, almost 4 percentage points higher than before the pandemic, according to CoStar. It projects that downtown will have a net absorption of 35,000 square feet of office space in the first quarter; last year, downtown’s net absorption was negative for three of four quarters.Commercial office space is a key indicator of the health of downtown, but Bullard said other measures matter, too.
“The pandemic became an accelerant, and what we thought was a large exposure became a real opportunity,” saidDowntown had been building up its residential sector for 20 years: “And that really kept us afloat on the day everybody went home from their offices,” Sheets said. Office vacancies soared in Las Colinas, too, and they jumped in Uptown Turtle Creek, a popular submarket with the highest office rents in the region.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Vacant block east of downtown Dallas planned for apartment communityReal estate developers are eying a long-vacant East Dallas block for a new rental community. The high-traffic site is east of downtown on Live Oak Street....
Leer más »
Hybrid Will Be The New Work Style, But 72% Of Businesses Lack A Strategy, AT&T’s ‘Future Of Work’ Study ShowsThe top challenges to effective hybrid work identified include maintaining employee oversight, losing institutional or tribal knowledge and sustaining company culture—all traditionally highly associated with in-person work.
Leer más »
Dallas initiative aims to boost health care, tech worker pipelineIndustry and area leaders want to strengthen the city’s talent pipeline and expand access to some of the most in-demand jobs — those in health care and...
Leer más »
Dallas/Fort Worth Top 100 Places to Work | Nominate your organization!Give your organization the opportunity to gain valuable recognition, increase employee engagement, attract and retain top talent, and transform its culture with data-based insights. Nominate your company for a Top 100 Places to Work award.
Leer más »
Norman Reedus: “Getting Better” After ‘Walking Dead’ Set Accident; Back at Work on March 22After suffering a concussion on set on March 11, The Walking Dead’s Norman Reedus says he’s “gonna be back at work on Tuesday they tell me.” The actor, who plays Daryl Dixon…
Leer más »
Hybrid NASCAR Camaro Could Compete In 2023 24 Hours of Le Mans | CarscoopsNASCAR Camaro entry for famous endurance race hinges on the ability to implement hybrid technology
Leer más »