Over the past couple of decades, central business districts thrived as people moved back to cities.
But COVID-19 is reversing these gains, pushing people to the suburbs and exurbs.
This exodus means, according to a new report by Withersworldwide, an international law firm, that the future of central business districts is uncertain, at best, and that CBDs need re-thinking to survive in the future.
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Leslie Shaver
Les Shaver has been covering commercial and residential real estate for almost 20 years. His work has appeared in Multifamily Executive, Builder, units, Arlington Magazine in addition to GlobeSt.com and Real Estate Forum.
