Author: John Rennie Short, The Conversation

[ad_1] The hollowing out of U.S. cities’ workplace and industrial cores is a nationwide pattern with critical penalties for thousands and thousands of Individuals. As extra folks have stayed residence following the COVID-19 pandemic, foot visitors has fallen. Main retail chains are closing shops, and even prestigious properties are having a tough time retaining tenants. The shuttering of a Complete Meals market after solely a 12 months in downtown San Francisco in Might 2023 obtained widespread protection. Much more telling was the high-end division retailer Nordstrom’s determination to shut its flagship retailer there in August after a 35-year run. In…

Read More