[gebs]

Every time I read about a new highrise breaking ground these days (1000M, Cirrus, Cascade, etc.), I think, these developers must know something that we don't. Maybe they have inside scoops on corporate relocations, so they know their new additions will be justified.

But with all the action happening in the southwest Loop with the Old Post Office opening, the BMO tower site preparations, and 601c buying up 801 S Canal, it surprises me that no other Southbank towers have broken ground. You would think that of the literal thousands of new employees who will be working in the area, some would like to be able to walk to work, and this development is a prime candidate for a place to live.

If the windows at night are any indication, Cooper is enjoying a healthy lease percentage. Where's the site prep for tower 2?

Anyway, just some thoughts this morning.