After five years of slow or no growth across many construction sectors, the technology industry’s demand for new building stands out. While most markets are only gradually digging their way toward recovery, office starts in many regions are taking off, thanks in part to tech firms seeking more space for operations such as administration and data storage.
Much of the office activity is occurring in well-known tech hot spots, such as Seattle, where Amazon is building a 3.3-million-sq-ft new headquarters campus that consumes three downtown city blocks.