Ribbon cutting ceremony celebrating ICMA-RC’s new location in downtown Richmond. Courtesy ICMA-RC
In the 1940s and 1950s the American Dream changed. Driven by white flight and the construction of post-World War II planned communities, families began migrating in ever-larger numbers from cities to the suburbs, seeking subdivisions with spacious homes and lawns big enough for playing children.
As a larger percentage of the workforce fled for the suburbs, companies followed, building office parks and sprawling, collegelike campuses.
Since the Great Recession, however, that trend has been reversed. Today, an increasing number of companies are relocating headquarters and other significant operations to urban areas that appeal to in-demand millennial workers.
