The article discusses how downtown areas globally, once assumed to be fading due to the pandemic and remote work, are being revitalized, particularly in Tokyo. Rather than a single centralized business district, Tokyo's urban fabric is evolving into a mosaic of diverse districts, each with unique economic identities and amenities. These changes, arising from both private sector initiatives and forward-thinking policies, are bolstering office returns and overall urban appeal, positioning Tokyo at the forefront of this transformative trend.
The world's largest metropolitan area is pioneering a new model where the city itself increasingly takes on functions that were once the province of the office.
Evolving gradually over the past two decades, this approach is both an organic outgrowth of private sector shifts on development and office location.
Taken together, these factors have enabled Tokyo's downtown to experience one of the world's strongest rebounds, with high rates of office return.
We call this new model an urban knowledge campus, where distinct districts appeal to different kinds of talent.
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