Over the course of a year, office construction in Guadalajara has shown an increase of 14% in January 2025, mainly due to the launch of the Torre Legend and Torre San Luis projects, which add up to almost 20 thousand square meters of corporate net rentable area.

Currently, the submarkets with the highest volume of corporate construction are Nueva Zona Financiera with 50% of the total developments under construction, while the Providencia corporate submarket has 22%.

Of interest: Solili Office Report January 2025: Demand falls 60% compared to January 2024

Despite this increase, the volume of construction has not managed to reach the figures that were recorded in the period prior to the health crisis of 2020, which maintains caution in investments.

While it is true that improvements have been shown in the application for construction permits, another factor that could be directly impacting the planning of new buildings is the stricter urbanization controls, aimed at regulating the environmental impact, in addition to the increases in the costs of construction materials, influenced by inflation and tariff policies.

See here: Industrial vacancy rate in Aguascalientes drops to critical levels in December 2024

Currently, there are challenges both at the national level and in the Guadalajara corporate market, which has mixed-use developments about to begin their office construction phase and others that are opting for financing methods such as crowdfunding, a trend that is helping to develop large-scale projects but that take a long process to execute.