Downtown Kansas City Denies Commercial Real Estate Implosion

A practical bit of proof for our thesis . . . 

Parking downtown really isn't so bad nowadays. 

Do you know why???

Telecommuting remains the new hotness and so many workers are NEVER going back to the office five days a week. 

The pandemic changed the world and we will never return to the old days of workers attempting to emulate an old school factory floor from the industrial age.

Sadly . . . Somebody forgot to tell the the Downtown Council about the death of office space as they continue to push the company line . . . Check their latest reprise of a recent celebration of empty office space . . .

Throughout the afternoon, speakers consistently shared stories of rebounds in both urban core office participation and visitorship since the onset of the pandemic.

“Studies show Gen Z and Millennials want to be in Downtown neighborhoods; they want to be in walkable, urban, vibrant neighborhoods,” said Leonard Popplewell, Director, Cushman & Wakefield. “Our Downtown population has more than doubled in the last 10 years. We have more entertainment options and recreational opportunities than we’re ever had before.”

Read more via www.TonysKansasCity.com link . . .

https://www.downtownkc.org/downtown-office-summit-showcases-strength-viability-for-employees-residents/

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Developing . . .