On May 15, the ADI announced that in 2024 the national investment of the members of the Association will exceed 14.5 billion dollars for the construction of 166 projects that will also include office buildings.

With this initiative, it is expected that the office market in Guadalajara will benefit to further boost its economic development, even though to date it has 84 thousand square meters of buildings under construction.

Of interest: Office rental price in León remains below $12.50 USD per m²

Of the total projects, it is expected that this year approximately 54 thousand square meters will be added to the inventory of the Nueva Zona Financiera, Plaza del Sol, Vallarta - Américas and Providencia corridors with buildings such as The District, which has been a success since it is sold almost entirely, Entorno México, Neruda Providencia and Elysian, which also have a significant number of offices sold.

In addition to this, the construction of Distrito República was recently completed, a project with a strategic location, since it is located behind the largest gastronomic corridor in the city, which already has immediate delivery offices ranging from 201 to 360 square meters, providing a variety of spaces that become an excellent option since it meets one of the most sought-after styles such as the combination of a shopping plaza, apartments and offices in one place.

Check here: Office construction in Mérida reaches its highest level in the last three years

In addition to the already existing works, there are important megaprojects planned in this market that have not been detonated and that in the face of the elections, the start of their construction generates uncertainty and challenges, however, we hope that with another of the commitments announced by the president of the ADI how to work together with the authorities so that the paperwork stops hindering the developments stopped by this situation if this is the case.