Office towers alone won’t sustain urban business districts anymore. 

Office towers alone won’t sustain urban business districts anymore. 

Photographer: Alexander Spatari/Moment 

Economy

The Death and Life of the Central Business District

Offices are not going back to the way they were pre-pandemic, and neither are the downtown neighborhoods that house them. 

Just last spring, a chorus of pundits loudly proclaimed a sweeping urban exodus and the impending death of cities. Now, just slightly more than a year later, our cities are springing back to life. Sidewalks are starting to bustle; restaurants, which have spilled onto the streets, are teeming with patrons; museums and galleries are reopening; and fans are heading back to baseball parks, basketball arenas and even outdoor concert venues.

But one area of urban life where the pandemic is poised to leave a far bigger mark is on the places where we do business. The ongoing shift to remote work challenges the historic role of the Central Business Districts — neighborhoods like New York’s Midtown and Wall Street, Chicago’s Loop, or San Francisco’s Financial District — as the dominant centers for urban work.