The area that was once buzzing with tech creatives is now struggling with an eerie emptiness, underscored by the 46% commercial vacancy rate and boarded storefronts.
Elon Musk’s departure highlights a broader trend where high taxes and perceived safety issues signal tech companies to rethink their urban investment strategies.
Despite San Francisco's attempts to retain tech giants through enticing tax breaks, the promise of a revamped urban landscape has faded in the face of rising crime and economic decline.
The dream of a vibrant tech hub in downtown has been upended as the harsh realities of living conditions and commercial vacancies paint a dire picture.
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