Just out of curiosity, where did you get the 17.9% number from? Last I heard a few months ago, the financial district vacancy rates were around 9.6%. Did it really almost double over the winter?
Would someone mind putting in perspective some of these vacancy numbers? I imagine there a certain amount of vacancy is desirable, so what percentage vacancy is one in which developments are more likely to happen? At what percentage vacancy are developers unlikely to build more office space? How does the class type (A, B, C) affect the likelihood that a developer builds office space?
Thank you in advance.
If Boston officials want to see the garage site developed anytime soon, they’ll need to embrace a new reality. That means ditching any lingering zenith envy and instead taking cues from the smaller tower now rising above Filene’s.
Thus the city and Belkin have two choices at Winthrop Square: settle in for a long wait or shift gears and embrace the downtown’s new, residential future.
what is Paul McMorrow talking about?
Isn't the Handel Filenes tower 20 stories TALLER than the Elkus design?
Definitely cool. What are those monster buildings just south of Chinatown? Also SS Tower looks like it has a twin.