The Future of Cities (The Bigger Picture: The Future of Corporate Real Estate)

The Future of Cities (The Bigger Picture: The Future of Corporate Real Estate)


April 2017

It’s no surprise that business, and the economy as a whole, is becoming increasingly urbanized. For half a century, many companies moved from city centers to suburban campuses in order to expand, control their environments, and be closer to workers’ homes. In the past decade, we have seen a reversal to this trend as many of the same companies relocated to urban hubs for a mix of reasons. Among these is access to transit and the most advanced technology, as well as the continuing desire for proximity to workers. What has changed in this last instance is that young professionals, as well as some empty-nesters, have made lifestyle decisions to live in the city centers that had fallen out of favor with earlier generations.

Keywords: The Bigger Picture, future, cities

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