Letter: Turn downtown offices into residential space

IBJ’s article headlined “Downtown office market set to shift as firms rethink space” [Feb. 19] noted upcoming changes anticipated by downtown office occupants.

One obvious use not mentioned would be the conversion of these spaces from office to residential rental apartments or condominium uses.

Real estate’s “highest and best use” question would be answered with such a consideration. With downtown residential space supply very limited currently, and with commercial office space experiencing higher than normal vacancy rates (due to both COVID-19 and technological advances), consideration should be given to reusing this space for residential—thus bringing people back downtown on a 24-hour basis.


Joe Giacoletti

Please enable JavaScript to view this content.

Story Continues Below

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our updated comment policy that will govern how comments are moderated.