Is It Time to Tear Down Empty Skyscrapers? (opens original article in a new tab)
Empty skyscrapers in the Twin Cities face discussions about demolition due to high vacancy rates and financial pressures, though conversion to residential use remains challenging.
- Over 25% of Twin Cities offices are vacant due to post-pandemic work-from-home trends
- Some experts suggest demolition of empty skyscrapers due to high vacancy rates and rising costs
- Demolition costs vary widely, with estimates up to $1 million per floor or $3-4 per cubic foot
- Conversion to residential use faces financial challenges due to high construction costs and regulations
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