Where the Youth Goes, Companies Follow
Companies are moving back to the city in response to a new generation of workers who prefer the urban environment over suburban office parks.
Some of the advantages of having an office located in the suburb are lower taxes, more parking, and cheaper rent per square footage. But to younger employees fresh out of college who are not looking to settle down, the suburban setting fosters very little social interaction and is seen as incredibly "unhip."
"Top recruits wanted somewhere they could work, live and play and meet other young people," explains Laura Vanderkam for CNN Money. For this reason, "the regional shopping mall and the McMansion, the suburban corporate headquarters campus is losing its charm."
Full Story:
Published on Thursday, July 14, 2011 in
- Every Parking Lot, Visualized
- First Mile-Last Mile, Intermodalism, and Making Public Transit More Attractive
- To Learn About a City, Visit Its Neighborhoods
- A Boring Lesson for Planners
- Like City, Like Stadium
- Critiquing Santa Monica's 'Grand Bargain' of a Downtown Plan
- Study: 'Eyes on the Street' Have Real Value for Neighborhood Safety
- Are Form-Based Design Standards Easier Than Form-Based Codes?
- 2018 Congressional Transportation Budget Begins to Take Shape
- New York Could Launch an Urban Agriculture Plan, Zoning Overhaul
- A Toolkit for Reaching 100 Percent Renewable
- Next From China: Bikeshare Without the Station
- Los Angeles Can't Stick to its Road Diet
- Senate Appropriations Committee Restores TIGER Grant Program
- Preserving the Rural Landscape with Agrarian Urbanism
- Billionaire Row's Newest Residents: Lawsuits and Foreclosures
- Federal Safety Watchdog Takes a Position on Speeding Drivers
- Friday Funny: An Artist Makes Climate Change 'Look Awesome'
- Manhattan's Midtown East Rezoning Wins Critical Approval
- Trump Tells Residents to Leave Upstate New York
