flexiblefullpage - default
Currently Reading

Suburbia Is Evolving Beyond Chain Restaurants And Shopping Malls

Advertisement
billboard - default

Suburbia Is Evolving Beyond Chain Restaurants And Shopping Malls

New trends are making some aspects of a suburban lifestyle passé


March 6, 2017

To attract young talent, major corporations are packing up from the suburbs and heading to the city.

Business Insider reports that the American suburbs as we know them are dying. Retail shopping malls are closing up due to the popularity of online commerce, golf courses are closing, highways are crumbling, and cooking meals at home has supplanted eating out at casual dining restaurants.

Giant companies such as McDonald's, ConAgra Foods, General Electric, and UBS have left their suburban headquarters and relocated to downtown areas in large cities.

"In the past several years, a handful of America's largest corporations have joined a mass exodus from their suburban headquarters to new home bases in the city, and millennials seem to be the driving force," wrote Business Insider's Chris Weller.

 

Read more

Advertisement
leaderboard2 - default

Related Stories

Market Data + Trends

Vacation and Investment Home Market Insights

A recent report finds beach homes to be the most sought-after vacation-home type and that the investment potential of a second home is an important factor in the purchasing decision

Affordability

How Much Income Do First-Time Buyers Need to Afford the Average Home?

The median-priced home is unaffordable in 44 of the 50 largest U.S. metro areas

Affordability

What Is the Relationship Between Urban vs. Suburban Development and Affordability?

A new paper from Harvard's Joint Center looks at whether expanding the supply of suburban housing could, in turn, help make dense urban areas more affordable

Advertisement
boombox1 -
Advertisement
native1 - default
halfpage2 -

More in Category

Delaware-based Schell Brothers, our 2023 Builder of the Year, brings a refreshing approach to delivering homes and measuring success with an overriding mission of happiness

NAHB Chairman's Message: In a challenging business environment for home builders, and with higher housing costs for families, the National Association of Home Builders is working to help home builders better meet the nation's housing needs

Sure there are challenges, but overall, Pro Builder's annual Housing Forecast Survey finds home builders are optimistic about the coming year

Advertisement
native2 - default
Advertisement
halfpage1 -

Create an account

By creating an account, you agree to Pro Builder's terms of service and privacy policy.


Daily Feed Newsletter

Get Pro Builder in your inbox

Each day, Pro Builder's editors assemble the latest breaking industry news, hottest trends, and most relevant research, delivered to your inbox.

Save the stories you care about

Lorem ipsum dolor sit amet lorem ipsum dolor sit amet lorem ipsum dolor sit amet.

The bookmark icon allows you to save any story to your account to read it later
Tap it once to save, and tap it again to unsave

It looks like you’re using an ad-blocker!

Pro Builder is an advertisting supported site and we noticed you have ad-blocking enabled in your browser. There are two ways you can keep reading:

Disable your ad-blocker
Disable now
Subscribe to Pro Builder
Subscribe
Already a member? Sign in
Become a Member

Subscribe to Pro Builder for unlimited access

Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.