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2018 | OriginalPaper | Chapter

4. Office

Author : Sarah Woodworth

Published in: Suburban Remix

Publisher: Island Press/Center for Resource Economics

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Abstract

Demographic, social, and technological changes in the United States alter the way businesses operate. These changes influence the location and type of office spaces that businesses demand. Communities have an opportunity to plan for these changes and, in so doing, broaden their economic base by becoming more attractive locations for business. Businesses drive employment; generate demand for housing, goods, and services; and contribute to the tax base.

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Footnotes
1
US Bureau of Labor Statistics, “Labor Force Projections to 2022: The Labor Force Participation Rate Continues to Fall,” Monthly Labor Review (December 2013), accessed February 6, 2017, https://​www.​bls.​gov/​opub/​mlr/​2013/​article/​labor-force-projections-to-2022-the-labor-force-participation-rate-continues-to-fall.​htm.
 
2
US Bureau of Labor Statistics, “Labor Force Statistics from the Current Population Survey,” accessed April 23, 2017, https://​data.​bls.​gov/​/​timeseries/​LNS11300000.
 
3
US Bureau of Labor Statistics, “Labor Force Projections to 2024: The Labor Is Growing, but Slowly,” Monthly Labor Review (December 2015), accessed April 23, 2017, https://​www.​bls.​gov/​opub/​mlr/​2015/​article/​labor-force-projections-to-2024.​htm.
 
4
“Shopping for Suburban Office Investments,” TIAA-CREFF Asset Management (September 2015), accessed October 5, 2017, https://​www.​tiaa.​org/​public/​pdf/​Shopping_​for_​Suburban_​Office_​Inv_​+White+Paper.​pdf.
 
5
CEOs for Cities, “The Young and the Restless in a Knowledge Economy,” (December 2005), accessed August 8, 2017, http://​planning.​sanjoseca.​gov/​planning/​gp_​update/​meetings/​6-23-08/​The%20​Young%20​and%20​the%20​Restless.​pdf. Economist Joe Cortright, author of the 2005 study for CEOs for Cities, issued an update in 2014 through his City Observatory website. It reached conclusions very similar to those in the original study, accessed August 10, 2017, http://​cityobservatory.​org/​ynr/​.
 
6
Colliers International, Amenities: A Hot Commodity (Colliers International, Summer 2015), accessed February 6, 2016, http://​www.​colliers.​com/​media/​files/​united%20​states/​white%20​papers/​office%20​amenities%20​2015.​pdf.
 
7
Randyl Drummer, “Once Left for Dead, Suburban Office Making a Comeback,” November 12, 2013, accessed August 29, 2017, http://​www.​costar.​com/​News/​Article/​Once-Left-for-Dead-Suburban-Office-Making-a-Comeback/​154320.
 
8
Emil Malizia, Preferred Office Locations: Comparing Location Preferences and Performance of Office Space in CBDs, Suburban Vibrant Centers and Suburban Areas (Herndon, VA: NAIOP Research Foundation, October 2014), 3.
 
9
Ibid., 3.
 
10
Ibid., 7.
 
11
Cushman & Wakefield/NorthMarq, “Supply-Side Risk in the New Age of Work,” October 1, 2013, accessed August 8, 2017, https://​compasspoints.​cushwakenm.​com/​2013/​10/​01/​supply-side-risk-in-the-new-age-of-work/​.
 
12
Gensler, “What Factors Drive Workplace Performance? The 2013 U.S. Workplace Survey,” accessed August 8, 2017, https://​www.​gensler.​com/​research-insight/​research/​the-2013-us-workplace-survey-1.
 
13
Cecilia Amador, “Deskmag’s Global Coworking Survey First Results,” November 16, 2015, accessed August 8, 2017, https://​allwork.​space/​2015/​11/​deskmags-global-coworking-survey-first-results/​.
 
14
Ibid.
 
Metadata
Title
Office
Author
Sarah Woodworth
Copyright Year
2018
Publisher
Island Press/Center for Resource Economics
DOI
https://doi.org/10.5822/978-1-61091-864-0_5