The Boeing senior leader said that’s still a very large presence — and that looking to the future, the new remote work options will change how we think of a corporation’s “presence.”“In what is looking like the new norm, we’ll have fewer people coming into the office,” he said. “We may have a smaller footprint, but the people aren’t going anywhere. The people will still be here in Washington state, some of them working out of their homes.”
IBM cut bigbox office space in the 90’s andthe space was backfilled at a bargain. Commercial RE will flex around suburbs. Issues abound in urban office markets and loss of small retail unless new space filled soon, such as with condos? Although admirable, digital infrastucture for teleworker’s homes is lagging and will challenge effective work at home. Likely office space smoothing after pandemic(s) vaccine distributed as leadership huddles with staff may occur as boss in a box (digital) has limits. Government users could set the post downtown pace with flex uses, including employee condos in former private or public offices, further reducing commutes, saving salaries offset with living space bonuses, and keeping downtowns nimble.