One of downtown's best class A buildings is the 12-story Deloitte Building at 100 South Fourth Street. While not a signature tower like Met Square, it's a very attractive, well situated, high quality building that has traditionally maintained a relatively low vacancy rate. It's also the kind of building that I'd like to see more of downtown.
At the moment, just 18,052 sf is available out of a total of 248,651 sf, giving the building an occupancy rate of over 93%. Space in the Deloitte Building goes for $16.50-$17.00 psf, which is a relative bargain.
Deloitte and Touche occupies 40,000 sf on two floors, having moved from One City Centre a few years ago. Polsinelli, Stinson Morrison Hecker, Rabbit Pitzer & Snodgrass, Waylon Advertising and Beech-Nut Nutrition are among the building's other major tenants.
Instead of waiting on Ballpark Village, the Bottle District, or any other pie-in-the-sky developments, it surprises me that no developers have ever stepped up to construct a new class A building similar in size and quality to the Deloitte Building. I can think of a few locations that would be perfect for such a building...