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Businesses setting up offices and other corporate facilities in urban areas receive numerous benefits, he stated. One of those is access to labor – to the millennial generation. Today’s younger workers tend to prefer urban locations. They are more oriented toward using mass transit than previous generations, and are less inclined to rely heavily on automobiles. Chris also illustrated the inefficiency of sprawling metro areas compared to more dense urban environments. Cities organized around automobile transportation eventually reach a point of paralysis, and their carbon footprint is large and wasteful.
Keywords: Northern California Corporate Real Estate Forum September 2015, Urbanization, Millennials, Transporation, Green
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