Large, secluded office parks used to be the ideal American workplace. But over the last decade, younger workers have come to favor urban environments over the suburbs. In response, many suburban office parks are adding amenities like coffee shops and fitness facilities to attract workers.
“Marketplace” host Kai Ryssdal spoke with Amanda Abrams, who wrote about the trend for the New York Times.
“It’s a super tight labor market,” Abrams said. “So real estate can make a real difference. It doesn’t necessarily have to be downtown to have a lot of the things that people are looking for.”
The upgrades appear to be working. According to CBRE data, the suburban office vacancy rate in the United States is at its lowest level since 2001.
Click the audio player above to hear the interview.
If you’re a member of your local public radio station, we thank you — because your support helps those stations keep programs like Marketplace on the air. But for Marketplace to continue to grow, we need additional investment from those who care most about what we do: superfans like you.
Your donation — as little as $5 — helps us create more content that matters to you and your community, and to reach more people where they are – whether that’s radio, podcasts or online.
When you contribute directly to Marketplace, you become a partner in that mission: someone who understands that when we all get smarter, everybody wins.