The 5 de Febrero, Bernardo Quintana and Juriquilla corridors, north of the city of Querétaro, together have about 56% of the inventory of the most consolidated city in the Bajío, if measured by the simultaneous development of the industrial, office and residential sectors.
The aforementioned sectors are interrelated to generate in their inhabitants a better quality of life, along with the related services that these activities demand, according to the Solili real estate platform.
For example, a few days ago the start of work was announced for Xentric District, in the Juriquilla corridor, a 20-story building that will house double A offices, as well as a four-star hotel and a shopping center.
The construction of the Xentric District is scheduled to be completed in 2024 and will cover an area of 7,000 square meters.
If the projects under construction are located, the northern corridors of the city group 52% of the works in progress, followed by the Central South corridor, where the growth poles for investment in corporations are located, whose growth projection for the In the next three years it is in the order of 20%.
At the end of February 2021, the city reported the highest office vacancy nationwide, which exceeds 23%, and goes hand in hand with the downward adjustment in prices of 6.7% in annual terms.
Part of the increase in vacancies is the result of some buildings that entered empty into inventory in the first quarters of 2020 and are not yet occupied.
But despite the behavior of these two indicators, demand stands out with figures higher than unemployment, where some local investors have chosen to acquire offices at more competitive prices, waiting for the demand for rent to detonate.
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