Feature Image: A 25-story, 385-foot-high mixed-use building is set to break ground in 2025 at 800 Grand Ave., replacing an existing parking garage. Image courtesy of BR Cos. | Rendering credit: Hoefer Welker
Inside, the project oozed with technology, from exposed ceilings and raised floors, to ‘nodes’ within the core where future employees could take a break. Daylight location and quantity was carefully considered given that the building is designed for a very specific type of highly-skilled employee function.
"Developers know that they’re going to make use of this tool or tools elsewhere to get money, and who can blame them? If you’ve got a fiduciary responsibility to your shareholders, you go get the best deal you can. But I wish our city leaders would stop being suckers about who they give money to."
--Patrick Tuohey, The Show-Me Institute
With favorable to excellent conditions in the commercial real estate market today, opportunity abounds across various markets and sectors. But experts insist that the current cycle is nearing its peak within the next three years. For that reason, the savviest investors are still playing defensively, and are looking to make wise investments by focusing on “smart, data-driven projects that address the profound changes happening in cities.”
