Rents are a huge factor too ... they're generally a lot less out of the core ... if rents were all equal you'd probably be right to a certain degree but as others have said 'loft' like office space is extremely attractive
Erection of the masts that support the atrium glass should commence in the next week or so, and the office building should be topped off by the end of the month.
scamander24's last shot reminds me of how badly I think the east side of Peter needs a face life. It looks pretty grim down there in some places still.