Slide 1
Developers shift from office to residential projects as post-pandemic demand reshapes urban priorities.
Slide 2
About 17% of office space sits vacant, accelerating the move toward housing development.
Slide 3
Housing shortage persists, with ~8,000 units lacking for lowest-income households.
Slide 4
Converting offices to housing often requires public funding to remain financially viable.
Slide 5
Adding affordable units increases costs, widening the gap between project value and expenses.
