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Why BXP is planning new office projects after years of stalled activity

One of nation's largest office landlords sees boost in demand for high-end space
Landlord BXP signed several deals in the first months of 2025 at 360 Park Ave. South in Manhattan, boosting the property's occupancy past 90%. (CoStar)
Landlord BXP signed several deals in the first months of 2025 at 360 Park Ave. South in Manhattan, boosting the property's occupancy past 90%. (CoStar)
CoStar News
April 29, 2026 | 9:23 P.M.

Office developers nationwide have largely stayed on the sidelines since the COVID-19 pandemic upended in-person work in 2020, keeping construction at near-record lows.

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