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Why the central business district may become a thing of the past

March 1, 2024
in Real Estate
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Why the central business district may become a thing of the pastMonikers like “central enterprise district” and “monetary district” have lengthy described locations of enterprise and key sources of income in America’s downtowns.

However with much less frequent in-office work in a post-pandemic world that embraces hybrid work, and with a rising variety of downtown workplace towers sitting vacant, stakeholder teams centered on metropolis facilities are beginning to deemphasize these phrases in favor of selling a extra numerous, and energetic, downtown.

Topping the record of downtowns that’ve recovered…

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