It’s been nearly two years since new office buildings of considerable stature have taken shape over intown Atlanta, signaling a post-COVID drought that surprised no one. But that doesn’t mean fresh office product isn’t coming.
The City of Atlanta ranks among current national leaders when it comes to office space actively under construction, according to the Office Pipeline 2026 report recently published by CommercialCafe, an online commercial real estate platform.
Atlanta counts roughly 937,000 square feet of office space under construction right now—enough to fill nearly 3/4ths of the Bank of America Plaza tower, the city’s tallest building. That ranks 10th among all cities nationally by total volume, according to CommercialCafe analysts, who used Yardi Research Data.
A 16-story State of Georgia office complex replacing a strip club along Northside Drive accounts for a considerable portion of Atlanta's count today.
U.S. market tallies as of February, excluding owner-occupied properties. CommercialCafe
The report’s data was current as of early February, and only properties 25,000 square feet or larger designated exclusively for offices uses or mixed-use were counted.
More broadly, the study found that new office momentum is “quietly rebuilding” across U.S. cities, where nearly half of the 28.9 million square feet underway broke ground last year. In Atlanta, the new 3600 Peachtree proposal in Buckhead is the clearest anecdotal example of a potential tide shift.
Nationally, Boston kept its No. 1 position atop the office pipeline, with 4.1 million square feet currently under construction, or 1.6 percent of the city’s total office stock. (Atlanta’s pipeline is .5 percent of total office inventory, good for 14th place nationally.)
Relatively high on the list is West Palm Beach, Fla., which has leapfrogged Miami as the Sunshine State’s most active office market.
West Palm Beach’s 1.6 million square feet of in-development office space—almost twice Atlanta’s tally—is driven by a single project: a $10-billion megaproject by Related Ross aiming to transform the city’s downtown into a financial and residential hub.
...
Follow us on social media:
Twitter / Facebook/and now: Instagram
• Images: How Science Square’s two-tower first phase turned out (Urbanize Atlanta)
