Dot-com Crash Hurts Real Estate Development Industry

The dot-com crash has hit the real estate industry hard. Real estate deals are going bust.

1 minute read

July 8, 2001, 6:00 AM PDT

By Chris Steins @planetizen


"During the boom years of the mid-1990s, scores of tech companies were hiring thousands of employees each quarter, which required them to lease or purchase millions of square feet of space for offices, distribution centers and manufacturing facilities. ... Technology companies' busted building deals are reverberating through commercial real estate markets in regions with a concentration of high-tech companies."

Thanks to Tom Collins

Wednesday, July 4, 2001 in CNET News

Lake Powell with much of the water evaporated.

Desperate measures: Advocates weigh draining Lake Powell to fill Colorado River

Draining the reservoir could reduce evaporation losses by a couple hundred thousand acre-feet.

October 30, 2026 - Yale Environment 360

A road in north eastern Nebraska with power lines on either side, and grassy fields.

Eastern Nebraska is running out of electricity

Data centers and electrification are straining eastern Nebraska’s grid, throttling economic development.

November 6, 2026 - Grist

A rendering of a mall turned living space. People walk around a green space surrounded by apartments.

Malls are becoming the midtowns of the future

Mall and office park redevelopments are a generational opportunity to create new nodes of urbanity.

October 29, 2026 - Ben Schneider

An Amtrak train pulls into a station in chicago.

Officials claim feds 'rushed' Amtrak environmental review

Amtrak plans to move their Chicago maintenance facility from an industrial area to a residential one.

5 seconds ago - Block Club Chicago

A car drives through a puddle in NYC

NYC breaks ground on anti-flooding infrastructure project

New York City's new system will reduce stormwater flows to local sewers by 90%.

November 9 - Smart Cities Dive

Members of the Smoketown CLT gather for a photo

One Kentucky town’s secret to affordable housing

The Smoketown Community Land Trust has already built seven affordable homes for community members.

November 9 - Reasons to Be Cheerful

FREE Course: Walkable City 1: Why Walkability?

After describing his path towards focusing on walkability as the essence of good planning, Jeff Speck marches through his five principal reasons for making more walkable places.

Reinventing Malls: Planning Alchemy—Turning Gray Fields Into Gold

The course focuses on the opportunities and imperatives that shape reinvention of mall sites.