'Doom loop' for St. Louis office market? Some alarms ringing
More than 821,000 square feet of office space was vacated across the St. Louis region last year — the most in over a decade.
Source: stltoday.com
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More than 821,000 square feet of office space was vacated across the St. Louis region last year — the most in over a decade.
Third Man Development believes new housing and entertainment projects surrounding his property can support a new office building.
“It is thinking about the end user of not just housing workers, it’s not just a place where people come to work and do their thing and leave.”
There needs to be a reason for employees to return to the office, since the pandemic proved remote work was viable.