So where do struggling cities go from here? “Many storefronts remain shuttered,” she wrote, “and residents, employees and business owners point to the growing homelessness emergency that they say has gotten worse.” is office occupancy rates 47% lower than pre-pandemic levels, Alexandra reports. One possible explanation for the growth in those and other midsize cities, according to researchers: “the influx of new population” seen in several Central California counties.Ī few other cities experiencing slower returns are Oakland, at 46% Los Angeles at 65% and San Jose at 68%.Ī big part of the lag in L.A. Two midsize cities in Central California not only returned to pre-pandemic downtown foot traffic - but also saw their popularity grow.īakersfield and Fresno posted downtown recovery rates of 125% and 121%, respectively. “Public safety is a top concern, though data indicate violent crime has fallen over the last decade and is below that of cities of similar size.” “It’s not just remote work that’s hamstringing recovery,” Alexandra wrote.
The situation there has many experts worried about a “doom loop” scenario, in which the connected cascade of low foot traffic, shuttered businesses and lost tax revenue spirals into city budget shortfalls, service cuts and mass public sector layoffs. In San Francisco, ranked dead last in the study’s list, leaders are working to turn the tide and prevent millions in tax revenue from disappearing.
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