JOURNAL ARTICLE

Marc Benioff says downtown San Francisco is 'never going back to the way it was' as experts grapple with turning around the ghost town.

  • Published In: Fortune.com, 2023. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: D'Innocenzio, Anne; Har, Janie 3 of 3

Abstract

The article focuses on the challenges facing downtown San Francisco as it struggles to recover from the impacts of the COVID-19 pandemic. Business owners, such as Jack Mogannam of Sam's Cable Car Lounge, report significant declines in foot traffic and sales, with many storefronts closing and crime increasing. A study from the University of Toronto highlights that San Francisco ranks last among 63 North American downtowns in returning to pre-pandemic activity levels. City leaders are exploring solutions, including mixed-use developments and office-to-housing conversions, while some businesses are relocating to suburban areas due to concerns about safety and the urban environment. Despite these challenges, there are signs of gradual recovery, with increased foot traffic and new businesses opening in certain areas. [Extracted from the article]

Additional Information

  • Source:Fortune.com. 2023/07, pN.PAG
  • Document Type:Article
  • Subject Area:Literature and Writing
  • Publication Date:2023
  • Accession Number:164959389
  • Copyright Statement:Copyright of Fortune.com is the property of Fortune Media (USA) Corporation and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Looking to go deeper into this topic? Look for more articles on EBSCOhost.