As the pandemic bore down in early 2020, it drove people out of city centers and boosted shopping and dining in residential neighborhoods and nearby suburbs as workers stayed closer to home. Those habits seem poised to stay.
Shampoo, toothpaste and other toiletries are locked up at downtown pharmacies. And armed robbers recently hit a Gucci store in broad daylight.
“They’re no longer central business districts. They’re centers of innovation, of entertainment, of recreation,” he said. “The faster places realize that, the better.” Why? San Francisco relied heavily on international tourism and its tech workforce, both of which disappeared during the pandemic. And midwestern cities like Indianapolis and Cleveland already struggled pre-pandemic with diminished downtowns as they relied on a single industry to support them and lacked booming industries like tech, said Karen Chapple, director of the School of Cities at the University of Toronto and author of the study.
Real estate experts also point to office-to-housing conversions as a potential lifeline. Cities such as New York and Pittsburgh are offering sizeable tax breaks for developers to spur such conversions. Still, San Francisco officials say the downtown, which stretches from City Hall to the Embarcadero Waterfront and encompasses the Financial District and parts of the South of Market neighborhood, is in transition.
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