Office construction has seen an increase in activity for the past several years. For 2017, this was projected to skyrocket by at least 10% according to some predictions. Two high-profile projects that are indicative of this trend are a high-rise office tower situated along the Chicago riverfront and a 22-story, 700,000 square foot Marriott International headquarters in Bethesda, Maryland. The following factors are fueling this trend of increased office construction.
Office-Based Employment has Increased
One factor that has led to a jump in office construction in 2017 is an increase in office-based employment. The growth of this sector of business saw a boost of 1.5 percent in 2016. Office-based employment spans a diverse set of industries and includes careers in telemarketing, architectural services, computer design services customer service call centers, engineering services and more.
