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Old 05-02-2019, 01:10 PM
 
Location: That star on your map in the middle of the East Coast, DMV
8,128 posts, read 7,560,868 times
Reputation: 5785

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Quote:
Originally Posted by Chicago60614 View Post
Q4 2018 Downtown Office Supply per Colliers:

Midtown: 401.1 million
Chicago: 146.8 million
Washington DC: 144.1 million
Downtown NYC: 102.3 million
San Fran: 93.5 million
Boston: 71.0 million
Atlanta: 51.5 million
Philadelphia: 47.7 million
Baltimore: 46.1 million
Houston: 43.3 million
Denver: 38.2 million
Los Angeles: 33.7 million
Dallas: 32.4 million
Seattle: 29.7 million

Under Construction:

Midtown: 15.4 million
Chicago: 5.1 million
San Francisco: 5.0 million
Washington DC: 4.3 million
Atlanta: 2.2 million
Seattle: 1.9 million
Boston: 1.9 million
Houston: 1.9 million
Los Angeles: 1.8 million
Denver: 1.8 million
Those numbers seem off, for DC at least, 8 years ago DT DC was at 140 million sq. I know downtown is pretty built out, but there has been way more than 3 million sq ft built in the past 8 yrs. The new Fannie Mae headquarters alone downtown is like 990,000 sq ft by itself.

And Chicago decreased since 2011??


[quote=Dallaz;21841860]You put the wrong numbers up

This is in order 2011:

New York, NY - Midtown Manhattan 228,627,000
New York, NY - Midtown South Manhattan 167,392,000
Chicago, IL 158,256,000
Washington, DC 140,729,000
New York, NY - Downtown Manhattan 109,357,000
San Francisco, CA 85,637,000
Toronto, ON 70,427,026
Boston, MA 60,398,000
Seattle/Puget Sound, WA 58,346,000
Montreal, QC 49,429,000
Atlanta, GA 49,306,000
Dallas/Fort Worth, TX 45,096,000
Philadelphia, PA 43,124,000
Baltimore, MD 41,715,000
Calgary, AB 37,809,000
Houston, TX 37,414,000
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Old 05-02-2019, 01:13 PM
 
Location: Los Altos Hills, CA
36,655 posts, read 67,506,468 times
Reputation: 21239
[quote=the resident09;55086197]Those numbers seem off, for DC at least, 8 years ago DT DC was at 140 million sq. I know downtown is pretty built out, but there has been way more than 3 million sq ft built in the past 8 yrs. The new Fannie Mae headquarters alone downtown is like 990,000 sq ft by itself.

And Chicago decreased since 2011??


Quote:
Originally Posted by Dallaz View Post
You put the wrong numbers up

This is in order 2011:

New York, NY - Midtown Manhattan 228,627,000
New York, NY - Midtown South Manhattan 167,392,000
Chicago, IL 158,256,000
Washington, DC 140,729,000
New York, NY - Downtown Manhattan 109,357,000
San Francisco, CA 85,637,000
Toronto, ON 70,427,026
Boston, MA 60,398,000
Seattle/Puget Sound, WA 58,346,000
Montreal, QC 49,429,000
Atlanta, GA 49,306,000
Dallas/Fort Worth, TX 45,096,000
Philadelphia, PA 43,124,000
Baltimore, MD 41,715,000
Calgary, AB 37,809,000
Houston, TX 37,414,000
Some of these look like entire metro areas?
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Old 05-02-2019, 01:23 PM
 
Location: That star on your map in the middle of the East Coast, DMV
8,128 posts, read 7,560,868 times
Reputation: 5785
[quote=18Montclair;55086227]
Quote:
Originally Posted by the resident09 View Post
Those numbers seem off, for DC at least, 8 years ago DT DC was at 140 million sq. I know downtown is pretty built out, but there has been way more than 3 million sq ft built in the past 8 yrs. The new Fannie Mae headquarters alone downtown is like 990,000 sq ft by itself.

And Chicago decreased since 2011??




Some of these look like entire metro areas?
I'm pretty sure even in 2011 those were city proper, at least the top half of the list is.
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Old 05-02-2019, 01:51 PM
 
Location: Brooklyn, NY
10,064 posts, read 14,434,667 times
Reputation: 11245
Quote:
Originally Posted by Chicago60614 View Post
It was actually, for construction I was just picking out some of the big players, but there were also smaller markets that had a lot of growth:

Charlotte: 2.0 million
Nashville: 1.9 million
Richmond: 1.1 million
Minneapolis: 1.1 million
Miami: 1.0 million
Whoa, Charlotte and Nashville have a lot of under construction office growth--running neck and neck. Nashville has really grown its class A space incredibly, the past several years.

Do you have the totals for the smaller markets like Charlotte, Nashville, Richmond, etc?

I thought Miami would have more, since there is a ton of construction happening there. But I suppose a lot of that is mostly residential towers.
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Old 05-02-2019, 01:56 PM
 
Location: Los Altos Hills, CA
36,655 posts, read 67,506,468 times
Reputation: 21239
[quote=the resident09;55086329]
Quote:
Originally Posted by 18Montclair View Post

I'm pretty sure even in 2011 those were city proper, at least the top half of the list is.
The top half perhaps but puget sound and ft worth definitely arent 'downtown' for seattle or dallas.
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Old 05-02-2019, 03:12 PM
 
3,733 posts, read 2,888,160 times
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I think you'll be finding an increase in San Francisco's numbers, as I just read earlier today, that people are now opening their offices, in parking spaces, as it's cheaper.

Here's just one article...there are numerous.

https://www.fastcompany.com/90342223...a-parking-spot
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Old 05-02-2019, 03:42 PM
 
Location: Flawduh
17,156 posts, read 15,373,458 times
Reputation: 23738
Quote:
Originally Posted by jjbradleynyc View Post
Whoa, Charlotte and Nashville have a lot of under construction office growth--running neck and neck. Nashville has really grown its class A space incredibly, the past several years.

Do you have the totals for the smaller markets like Charlotte, Nashville, Richmond, etc?

I thought Miami would have more, since there is a ton of construction happening there. But I suppose a lot of that is mostly residential towers.
The vast majority of what you see in Miami’s skyline are residential glass towers.
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Old 05-02-2019, 05:29 PM
 
2,304 posts, read 1,711,779 times
Reputation: 2282
The lists I’m seeing here are absurd and really provide no meaningful comparisons. The boundaries of the CBDs are drawn completely differently. Seattle’s Downtown office space did not decrease by 50% between 2011 and 2018. Amazon alone has constructed more new office space in that time (12 million sq ft) than many large cities have in total.

Seattle has also doubled the number of buildings over 400 feet btw 2011 and 2018. And yes, a lot of that is residential/commercial, but a TON of it is office as well. So no way it went down from 60 million in 2011 to 30 million in 2018 - if anything it increased by at least 15-20 million.
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Old 05-02-2019, 07:45 PM
 
11,289 posts, read 26,191,557 times
Reputation: 11355
[quote=18Montclair;55086227]
Quote:
Originally Posted by the resident09 View Post
Those numbers seem off, for DC at least, 8 years ago DT DC was at 140 million sq. I know downtown is pretty built out, but there has been way more than 3 million sq ft built in the past 8 yrs. The new Fannie Mae headquarters alone downtown is like 990,000 sq ft by itself.

And Chicago decreased since 2011??




Some of these look like entire metro areas?
No, Chicago certainly didn’t decrease, it’s been growing by millions. Every research and marketing company has their own stats and boundaries for CBD’s. I just picked colliers because it’s a big player in the game. I saw another market report by a company that showed Chicago listed at 175,000,000 square feet. You just have to look at the stats and accept there’s no CORRECT answer. It’s interesting though.
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Old 05-02-2019, 08:58 PM
 
Location: Washington DC
4,980 posts, read 5,393,399 times
Reputation: 4363
Quote:
Originally Posted by jjbradleynyc View Post
Whoa, Charlotte and Nashville have a lot of under construction office growth--running neck and neck. Nashville has really grown its class A space incredibly, the past several years.

Do you have the totals for the smaller markets like Charlotte, Nashville, Richmond, etc?

I thought Miami would have more, since there is a ton of construction happening there. But I suppose a lot of that is mostly residential towers.
I just googled colliers 4q 2018 report.

For The 3 big Midsized Southeastern downtowns:

Charlotte: 21,872,829
Nashville: 13,831,704
Austin: 11,076,888



Austin is really surprising to me? Unless I’m misreading https://s3.amazonaws.com/colliersaus...ket+Report.pdf
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