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A study by IOBE presented jointly with TMEDE estimates that more than €52 billion will "fall" on the market in the next three years.
Shipping giant Maersk announced that due to the incident, its ships will avoid the port of Baltimore, one of the busiest in the US, for the foreseeable future.
The aim of the municipal authority is to balance the environmental and urban planning balance of the city.
Construction of the scheme has commenced with cores for each block now complete and completion still on track for 2026.
Excavations have been completed over 75% of the total volume of 400,000 m3 of soil and concreting of walls over 45%.