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The City That Works

Overall vacancy of downtown office space during the second quarter stood at 14.1 percent, however, the new office towers coming up along the river corridor will add only 2.3 million square feet of space to the market. Between 2000 and 2010, 16 million square feet of office space was developed in downtown Chicago. Older buildings like the Merchandise Mart, and old industrial centers like River North and the West Loop have become the office space hot spots in recent years. [Crain's]