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Why skyscrapers after Covid-19?

Globalization’s need for global cities with highly concentrated financial districts is discussed to explain how the Covid-19 pandemic will paradoxically only serve to make the world’s leading global cities more essential, valuable, and demanding of skyscrapers than ever before. Financial and corpora...

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Autor principal: Smith, Richard G.
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Published by Elsevier Ltd. 2021
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8451974/
https://www.ncbi.nlm.nih.gov/pubmed/34584275
http://dx.doi.org/10.1016/j.futures.2021.102839
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author Smith, Richard G.
author_facet Smith, Richard G.
author_sort Smith, Richard G.
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description Globalization’s need for global cities with highly concentrated financial districts is discussed to explain how the Covid-19 pandemic will paradoxically only serve to make the world’s leading global cities more essential, valuable, and demanding of skyscrapers than ever before. Financial and corporate service firms cannot only be digitally based because they also require face-to-face interaction, collaboration, and joint-production within themselves, and between one another, in the most connected global cities to effectively function as competitive businesses. However, after Covid-19 advanced service firms will only not practice remote working where and when they must; so that in-place face-to-face interactions with colleagues and clients will be overwhelmingly only concentrated in the skyscraper-laden financial districts of the world’s leading global cities. The future of commercial and luxury residential skyscrapers in the world’s leading global cities can be said to be secure because the impact of Covid-19 on enhancing the centrality of these few highly connected and super-wealthy cities in globalization is both understandable and predictable; skyscrapers elsewhere in the Global North or South will struggle to remain viable as firms increasingly decentralise the work of their staff away from city centre offices.
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spelling pubmed-84519742021-09-21 Why skyscrapers after Covid-19? Smith, Richard G. Futures Article Globalization’s need for global cities with highly concentrated financial districts is discussed to explain how the Covid-19 pandemic will paradoxically only serve to make the world’s leading global cities more essential, valuable, and demanding of skyscrapers than ever before. Financial and corporate service firms cannot only be digitally based because they also require face-to-face interaction, collaboration, and joint-production within themselves, and between one another, in the most connected global cities to effectively function as competitive businesses. However, after Covid-19 advanced service firms will only not practice remote working where and when they must; so that in-place face-to-face interactions with colleagues and clients will be overwhelmingly only concentrated in the skyscraper-laden financial districts of the world’s leading global cities. The future of commercial and luxury residential skyscrapers in the world’s leading global cities can be said to be secure because the impact of Covid-19 on enhancing the centrality of these few highly connected and super-wealthy cities in globalization is both understandable and predictable; skyscrapers elsewhere in the Global North or South will struggle to remain viable as firms increasingly decentralise the work of their staff away from city centre offices. Published by Elsevier Ltd. 2021-12 2021-09-20 /pmc/articles/PMC8451974/ /pubmed/34584275 http://dx.doi.org/10.1016/j.futures.2021.102839 Text en Crown Copyright © 2021 Published by Elsevier Ltd. All rights reserved. Since January 2020 Elsevier has created a COVID-19 resource centre with free information in English and Mandarin on the novel coronavirus COVID-19. The COVID-19 resource centre is hosted on Elsevier Connect, the company's public news and information website. Elsevier hereby grants permission to make all its COVID-19-related research that is available on the COVID-19 resource centre - including this research content - immediately available in PubMed Central and other publicly funded repositories, such as the WHO COVID database with rights for unrestricted research re-use and analyses in any form or by any means with acknowledgement of the original source. These permissions are granted for free by Elsevier for as long as the COVID-19 resource centre remains active.
spellingShingle Article
Smith, Richard G.
Why skyscrapers after Covid-19?
title Why skyscrapers after Covid-19?
title_full Why skyscrapers after Covid-19?
title_fullStr Why skyscrapers after Covid-19?
title_full_unstemmed Why skyscrapers after Covid-19?
title_short Why skyscrapers after Covid-19?
title_sort why skyscrapers after covid-19?
topic Article
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8451974/
https://www.ncbi.nlm.nih.gov/pubmed/34584275
http://dx.doi.org/10.1016/j.futures.2021.102839
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