McKinsey said cities could adapt to the declining demand for office space by “taking a hybrid approach themselves,” developing multi-use office and retail space and constructing buildings that can be easily adapted to serve different purposes.
McKinsey said cities could adapt to the declining demand for office space by “taking a hybrid approach themselves,” developing multi-use office and retail space and constructing buildings that can be easily adapted to serve different purposes.
They could use them for retail or…they could re-zone these areas for residential housing and reduce the cost of renting or buying a home, but that would make too much sense.
To be fair, commercial and office spaces often lack a lot of amenities that residential spaces have (lots of access to natural light, sufficient water supply and sewage capacity, etc.) but that will be incredibly dependant on the building for how much that complicates the conversion
sleeping in the street has plenty of natural light. I think you’ll find some people are willing to make the sacrifice.