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Old Posted Nov 8, 2020, 8:23 PM
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benp benp is online now
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Join Date: Mar 2006
Location: Buffalo, NY
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Centrally located residential and business districts are not losing their locations, and will remain attractive in the future because of their locations.

Many offices and hotels will be repurposed to residential. The city cores will become more densely populated, but with fewer day workers commuting in. There will be an increase of work-from-home and an increase in neighborhood oriented retail and services. Less destination shopping, and the larger retail rental market could decline, best case being rents decrease enough to encourage and allow more low-overhead local oriented businesses. Common outdoor spaces (parks, etc) will continue to be more utilized as there will be more residential and live-work from home, and will be expanded. Quality of life for local residents may likely improve, although the overall business and commercial industries may be contracting.
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