500 Companies Moved to Walkable Areas in Past Five Years

June 22, 2015

More businesses are choosing downtowns and walkable locations, writes The Huffington Post contributor F. Kaid Benfield.

To be exact, there were 500 companies that moved to downtowns and walkable locations in the past five years alone, according to a report released by nonprofit Smart Growth America in partnership with real estate advisers Cushman & Wakefield and the Center for Real Estate and Urban Analysis at the George Washington School of Business.

These companies are doing so “in part to attract younger workers who prefer a less car-dependent, more urban lifestyle,” Benfield writes.

There is a wide variety of companies making this move, from information technology, to manufacturers, to oil and gas companies, and food production companies.

According to the report, the list of 500 companies include 52 on the Fortune 500, and 12 of Fortune’s “100 Best Companies to Work For.”

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