As the demand for office space increased toward the end of the decade, some of them did not look as obsolete as before, and some planned conversions were rehabilitated as offices.
More incomers are expected: to the south, near the new 25,000-seat football stadium, Prudential, a large insurer, is building 2.25m square feet (209,000 square metres) of office space, increasing Reading's current total by about one-third.
"When the rents for office space increase, as they inevitably will, the pace of conversions will slow".
But some residents are disappointed that future plans for the mall don't include housing, and worry that turning the mall into office spaces will increase traffic and change the culture of the neighborhood.
Office space will increase as we expand our sales and marketing staffs.
A key question is whether the government's plan for a 'flagship building' might not do more hard than good to East London's startups — with rising rents and high demand for office space an increasing problem since the government stamped its 'Tech City' brand on the area.
"I don't see a significant demand for additional office space and increasing rents in coming quarters," he said.
According to figures compiled by the Williams Real Estate company, the average annual asking rent for office space in Manhattan increased 16.9percentt in the three months that ended in June, to $54.44 a square foot.
While the benefits can be significant - reduced costs, especially for office space, higher morale, increased productivity - the challenges can also be significant.
The infrastructure facilities, service industry, housing and office spaces, power distribution facilities have increased and spread at a high pace.
In addition, the students proposed physical expansion to create office space for the increasing numbers of doctoral students as well as their mentors most of which are junior and senior faculty members.
