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Glad they didn’t give up the whole building for the new Chicago tower. I was really worried the whole office would move north
Scott Dorsey is still local and active in the local tech scene. He’s also on the board of Salesforce. I don’t anticipate them leaving. And when I checked a little while ago, Salesforce had many positions hiring in Indy.
This 25% space reduction is a relatively small reduction in the world of remote work. I don’t think it’s worth worrying too much about by itself.
Scott Dorsey is not on the board of Salesforce.
https://www.salesforce.com/company/leadership/
Salesforce is expected to offload as much as 125,000 square feet of office space in its 60-story namesake skyscraper in Chicago, about two months before the company is set to move into the nearly completed trophy tower.
San Francisco-based Salesforce will begin formally marketing a large block of its 500,000-square-foot space along the Chicago River soon, a company spokeswoman confirmed, citing previously announced job cuts and plans to cut back on real estate.
Salesforce is set to move into the 1.2 million-square-foot tower, which broke ground in the early weeks of COVID-19, by late May.
Considering the prevalence of remote work, a 25% reduction in physical footprint isn’t bad. Many companies that aren’t tech companies and don’t have as much ability to allow remote work have cut much more office space, which is a lot more concerning.
It’s a 50 story file cabinet! Is the skyscraper dead? Will anyone ever build another office building skyscraper?
When necessary, towers been getting converted into hotels, apartments, and condos. I don’t think Salesforce Tower will get to that point, but that’s worst case scenario.
According to architects and developers, suburban-style complexes are harder to convert. We should keep a close eye on those to prevent a house of cards from falling.
Robert H.
Thanks for the info.
So glad to see that Scott Dorsey is still local and a strong advocate for
Indianapolis.
When We all are work from home what could possibly go wrong.
Located on floors 20-22 of a Downtown tower, the new Target will have great sight lines.
That’s probably never going to happen, let alone in this building.
I see what you did there, Channing K. 🙂