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Well said Sherry!
Great article.
Historically, after a period of urban unrest, the aftermath involves a reduction in economic activity in that urban area. In this case, the situation is even more problematic, as the overall Covid-19 situation has created a widespread reduction in economic activity [e.g., it is tough to have as much revenue when only half your tables are available for diners]. Covid-19 is also causing people to think about the relative attractiveness of urban versus suburban living.
Setting aside good intentions, and objectively thinking about the situation and human behavior, do you think (mostly more well off, less diverse) suburbanites will be more, or less likely to want to come downtown for non-work related reasons? I think probably less. This is further enabled by some of the development (shopping, restaurants) that is occurring in many of the suburbs. And if the suburbanites can continue to work from home, then there is even less reason to come downtown – I don’t think very many will be driving down for lunch…
If you want to see what the impact is of reducing the attractiveness of an urban destination versus a suburban location or locations, look at the diverging fortunes of the Circle Center Mall versus the Fashion Mall.
I’m not sure that good intentions trump good returns for the private sector, which will be needed to make necessary investments.