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Houston’s office projects under construction totaled 1 million square feet as of November, according to Yardi Matrix data. The metro ranked fourth in the southern region, with only Dallas (2.6 million square feet), Austin, Texas (1.5 million square feet) and Miami (1.2 million square feet) surpassing it.<\/p>\n\n\n\n
However, when also taking into account underway projects that will be owner-occupied, Houston office space<\/a> that is in the works reached 2.6 million square feet of space. The market\u2019s construction pipeline accounted for 0.9 percent of its total office inventory, 20 basis points above the national average.<\/p>\n\n\n\n The following list comprises the metro’s five largest office developments, which total almost 1.6 million square feet. Out of them, three are part of The University of Texas MD Anderson Cancer Center\u2019s expansion plan, strengthening Houston\u2019s position as the market with the largest inventory of medical office space<\/a> nationally.<\/p>\n\n\n\n