A recent survey showed that more than 77% of Americans born after 1981 want to live and work in an urban core. A more recent survey says “walkability” adds value to real estate. It’s clear to all of us that sustainability is becoming a way of life.The message is clear, young people want to be a part of an urban environment, and businesses that operate downtown have a distinct competitive advantage when it comes to recruiting. I don't think many of our business leaders fully grasp this concept. The law firms that have left downtown for Clayton in recent years are a prime example. The firms that have chosen to stay downtown will have the edge when it comes to recruiting summer associates.
Our City has a lot to offer business leaders of today and tomorrow—our inherent sustainability with a wide variety of uses packed into a dense, centrally located, walkable and bikable core, our diverse architectural and cultural environment, our strong and diverse business base, and our great universities—and the entrepreneurialism they foster.
At the very least, people need to understand that unless they want their own kids to move away after college, helping create a vibrant, active, exciting downtown is the best way to get them to stay.