More companies are moving into the city and vacating their suburban campus model. Why is the occurring? Talent, employers want to make it easy for the existing workforce and also for future new hires. Most younger workers don’t wish to have cars and would prefer to walk, bike or T to work. Cambridge, among other downtown hubs, are reaping the benefits.
The Boston Globe notes the recent lure of Kendall Square and the Seaport in Boston:
The suburban exodus means demand for commercial space around Kendall Square and the Seaport is greater than it’s ever been. The danger is that all this demand prices out the small companies that are driving the innovation economy’s urban movement in the first place.
The full article is available on the Boston Globe’s website.