Reply To: Look at de state of Cork, like!
I do not understand how quoting prime rents can be used to support a theory when a tenant list is used to deride. Office space and costs provide a very good indication as Diaspora pointed out, however tenant lists are equally as important as it demonstrates the types of companies willing of invest in an area and the overall quality of an end product.
Does anyone think that the redeveloped ILAC will be a success unless it can attract A-list tenants rather than the decidely mostly F-list it currently has. Good development is founded on the promise of a financial return. Bid hitting retail outfits with large pockets to pay large rents make it worth while to invest in a shiny impressive premises. The same applies to the Cornmarket St development so championed by Lexington.