Even if the office were to go the way of the horse-drawn carriage, the neighborhoods we refer to today as downtowns would endure. Downtowns and the cities they anchor are the most adaptive and resilient of human creations
The rise of remote work today won’t kill off our downtowns, but they will be forced to change once again. And with smart strategies and perseverance on the part of city leaders, real estate developers and the civic community, they can become even better than they were.
— Bloomberg
Writer Richard Florida is back with a new look at the “basic reason” behind his predicted rebound of central business districts, which he claims is an inevitability based on the historic evolution of such areas and recent building trends to convert hotels and office buildings into residential housing. Florida had previously explained that the pandemic has merely accelerated existing shifts towards remade “central connectivity districts,” and now points to a new study by the University of Toronto’s School of Cities as evidence that their rebound is (pardon me) a slam dunk.
He then predicts that suburbs will bear the brunt of the urban office exodus — in particular for knowledge workers — which in turn will remedy the “separation of life and work that was the product of the Industrial Revolution.” Florida also alluded to an interesting Gensler survey of city dwellers, which ranked office space near the bottom in terms of importance.
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