I think that's a good take and it depends on how much space they are proposing.his take about perhaps office space demand not so much driving the Duval proposal was interesting. i think it reads as someone who knows the market and the players who operate within it. lack of space is one of the factors which drives the building of tall towers in mega cities such as chicago and new york.
so would the tallest proposal go forward with some spec space. takes hubris to build an 80 story building here. but it took hubris to build the foshay tower and IDS. so maybe now's the time someone takes another leap of faith.
Another factor that will affect the leasing (mainly for office, but also residential) is the lack of a skyway connection until the Opus/Ritz block is developed. If this is actually built at this height, it will be several years yet before it opens, so I'm sure they (whoever wins development rights on this block) are paying very close attention to what Opus is doing next door. I think Class-A office space reaching for top of the market rents would struggle mightily without the skyway connection - unless they can find an anchor tenant who doesn't mind so much.