Not enough demand to fill 2.5M square feet of new office space in downtown Austin, report says

AUSTIN (KXAN) — With the post-COVID-19 spike of people working from home, "there's less demand for larger office spaces" downtown, Dewitt Peart, CEO of the Downtown Austin Alliance (DAA), said.

According the DAA's latest State of Downtown released Wednesday evening, downtown's weekday population last year was at 63% of 2019 levels. The report also mentioned there's currently 2.56 million square feet of office space currently under construction downtown.

"As these buildings are delivered to the market...