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Motley Fool Hidden Gems Investing

The Evolution of Urbanism

Motley Fool Hidden Gems Investing

The Motley Fool

Business, Investing

4.33.1K Ratings

🗓️ 17 June 2023

⏱️ 26 minutes

🧾️ Download transcript

Summary

For the past century, cities have centered around work. What happens when that’s no longer the case?  Deidre Woollard and Matt Argersinger discuss: What downtowns might look like when they become more than just “containers for work” How different REITs are approaching the new commercial real estate landscape The promise and problems of “15-minute cities” Companies and REITs mentioned: CRM, ARE, WE, PEAK, DEA Host: Deidre Woollard Guest: Matt Argersinger Producers: Ricky Mulvey, Mary Long Engineer: Tim Sparks Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Cities don't have to be organized around the office anymore.

0:04.0

They can be what else they're known for.

0:05.3

They can be their cultural centers, arts, education,

0:08.5

entertainment, people just, you know,

0:10.3

sometimes people just like to live closer to other people.

0:12.4

I mean, there's a lot of reasons that cities can still thrive,

0:14.5

but we almost have to reimagine,

0:16.1

almost reimagine them entirely.

0:17.8

I'm Mary Long, and that's Motley Fool,

0:22.8

senior analyst Matt Argusinger.

0:24.8

DJ Willard caught up with Matt to discuss creative ways

0:27.9

to repurpose office space in a world where cities

0:30.6

don't revolve around work.

0:32.3

The shifting dynamics of the latest sunbelt migration

0:35.5

and the pivotal role that parking garages could play

0:38.8

in revitalizing urban centers.

0:44.4

You know, since the pandemic,

0:45.6

we've been watching with cities kind of grapple

0:48.3

with the nature of work we've seen people spend less time

0:51.4

in the office.

0:52.3

You know, we've looked at data that shows

0:54.0

the amount of hybrid work, maybe it's stabilized,

...

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