Monroe Blocks Development Starts... National Theatre Facade Moving

[401don]

Most of these younger people may want to live in high density areas until they get a little older and want to start families then they will want more privacy and move out of a very expensive downtown area. Also, office workers are remotely working currently instead of going into the office. That's why G.M. headquarters and other highrise office buildings are are still 40% occupied during work weeks. Many office workers report to work a couple of days a week, plug in their laptops or tablets at general port stations, and do their assignments and tasks then go home for the rest of the week. I like how Gensler set up their new office in Capitol Park. They use the street and second levels of their new location for office spaces. Many companies only uses one or two floors not whole 40 story buildings. The Hudson's Block is the perfect height for an office building

No need to explain the office mkt. That's obvious to everyone.
Your residential argument makes no sense. If there is currently more demand for residential downtown it needs to be built. As far as young people eventually wanting to move to low rise homes, how many of them are going to stay in the city and not move to the burbs?

[southen]

Most of these younger people may want to live in high density areas until they get a little older and want to start families then they will want more privacy and move out of a very expensive downtown area. Also, office workers are remotely working currently instead of going into the office. That's why G.M. headquarters and other highrise office buildings are are still 40% occupied during work weeks. Many office workers report to work a couple of days a week, plug in their laptops or tablets at general port stations, and do their assignments and tasks then go home for the rest of the week. I like how Gensler set up their new office in Capitol Park. They use the street and second levels of their new location for office spaces. Many companies only uses one or two floors not whole 40 story buildings. The Hudson's Block is the perfect height for an office building

im not even talking office buildings because that’s obvious, but don’t build high rises that young people are interested in because eventually they’ll move? Is there a shortage of young people that I’m unaware of?

[ABetterDetroit]

Most of these younger people may want to live in high density areas until they get a little older and want to start families then they will want more privacy and move out of a very expensive downtown area. Also, office workers are remotely working currently instead of going into the office. That's why G.M. headquarters and other highrise office buildings are are still 40% occupied during work weeks. Many office workers report to work a couple of days a week, plug in their laptops or tablets at general port stations, and do their assignments and tasks then go home for the rest of the week. I like how Gensler set up their new office in Capitol Park. They use the street and second levels of their new location for office spaces. Many companies only uses one or two floors not whole 40 story buildings. The Hudson's Block is the perfect height for an office building

Broad generalizations will not help in market analysis for future real estate development. Long gone are the days when everyone will eventually want to start a family. Absolutely some will, but it is far from a given that those who seek out dense urban environments to live in all will leave in a few years for the burbs to start families.

It is obvious that Covid forced the issue of working from home in a short time span but it also remains far from proven as a successful model for all. Many businesses are still actively adjusting what works best for them.

Demand will dictate the need for new office space and residential here, without the demand it will not happen. Detroit proper does not have a problem with over speculation in real estate development. Bankers, Developers and Investors are not overly bullish on Detroit. We have plenty of real problems, no need to worry about the ones we do not have.