Agglomeration Economies Still Matter and Will Bring Back Cities and Offices

Prior the pandemic–people saw the benefits of agglomeration economics: the advantages to business of physical proximity of an industry or industries. During the pandemic–such proximity became toxic and was avoided. We managed to keep connected through video conferences but unable to reproduce the benefits of agglomeration economies. I saw the buzz such economies caused during the rebirth of SOMA after the dot com boom. I recently noticed it in a new forming center of technology. https://www2.lehigh.edu/news/office-space-extinction-a-look-at-agglomeration-economies. https://www2.lehigh.edu/news/office-space-extinction-a-look-at-agglomeration-economies.  Read more below.

Source: Office Space Extinction? A Look at Agglomeration Economies | Lehigh University

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