Do We Need More Construction
June 27, 2013

350 attendees joined us at Tuesday's fourth annual Bisnow State of the Market, where our panelists debated whether we have too much or insufficient new development. Studley EVP Mark O'Donnell says that between Hines' planned 815k SF tower Downtown (609 Main) and Shorenstein's redevelopment of Exxon's tower, we're adding 7% to the CBD market. That's risky, even though it won't hit until 2016 and later.