Orlando Office Construction Emerging From 10 Year Slumber

Office construction has picked up in 2019, and with 1.7 million square feet currently underway, Orlando will soon see the largest influx of new inventory in more than a decade. This is a reversal of what had been arguably this cycle’s biggest trend in Orlando office: a dramatic downshift in developer activity with little to no office starts. Limited office construction is unusual for a fast-growing market like Orlando, which was awash in supply in the early 2000s.