Re: Re: Connolly Station & Area Redevelopment
Agreed on timing but there is no way that the funding situation will be this constrained in 18 months let alone 5 years; with no major office schemes completed between 2010 and 2014 you have to feel that building obscelence will create its own demand; its less than 1m sq ft they need to shift which is about half average annual take up between 1985 – 2002. With the consent they would have the luxury of marketing off the plan with revision applications to tailor specific detailing to occupier demand; that way occupiers with 2-3 years tolease expiry can deal on an agreement for lease basis. Chin up Rory it will get better but only if there is the right space in the right locations. The location needs this….