{"id":58,"date":"2025-05-06T13:57:38","date_gmt":"2025-05-06T17:57:38","guid":{"rendered":"https:\/\/people.bsu.edu\/econbriefs\/?p=58"},"modified":"2025-05-22T08:10:59","modified_gmt":"2025-05-22T12:10:59","slug":"downtown-indy-after-remote-work-by-dr-cecil-bohanon-and-dr-john-horowitz","status":"publish","type":"post","link":"https:\/\/people.bsu.edu\/econbriefs\/2025\/05\/06\/downtown-indy-after-remote-work-by-dr-cecil-bohanon-and-dr-john-horowitz\/","title":{"rendered":"Downtown Indy After Remote Work \u2013 by Dr. Cecil Bohanon and Dr. John Horowitz"},"content":{"rendered":"<p><em>Originally written on 2\/14\/2023<\/em><\/p>\n<p><span data-contrast=\"auto\">What are the implications of remote work for the future of downtown Indianapolis? In a working paper, our Ball State University colleagues, Mike Hicks, Emily Wornell, and Amanda Weinstein of the University of Akron, write that the percentage of employees working from home dropped from its COVID high of 35.4% in May 2020 to 7.7% in April 2022. The 7.7% of employees working from home in April 2022 is higher than the 5.6% that worked from home before the pandemic. They conclude an emerging body of academic literature suggests there will continue to be higher rates of remote work. They also note that remote workers are usually younger, more educated, and live in higher-earning households.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559740&quot;:480}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Is this a death-knell for Downtowns? Not so much say Richard Florida, from the University of Toronto.\u00a0\u00a0 Before COVID downtowns \u201cwere gradually evolving from the one-dimensional, work-only central business districts.\u201d COVID simply \u201caccelerated the trend.\u201d Tells us that between 2010 and 2016, college graduates ages 25 to 34 caused more than half the growth in neighborhoods near urban cores. He also noted that remote workers comprise a surprisingly large part of the population in urban centers. To gauge the downtowns\u2019 recovery from the pandemic, <\/span><a href=\"https:\/\/downtownrecovery.com\/dashboards\/recovery_ranking.html\"><span data-contrast=\"none\">Florida\u2019s University of Toronto colleagues report <\/span><\/a><span data-contrast=\"auto\">cellphone usage from downtown locations in 62 cities. Unfortunately, Indianapolis\u2019s downtown cellphone usage is 59<\/span><span data-contrast=\"auto\">th<\/span><span data-contrast=\"auto\"> out of 62, at only 38% of its pre-COVID cellphone activity as of fall 2022.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559740&quot;:480}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Workers\u2019 greater freedom to choose where to work suggests that downtown Indianapolis\u2019s future depends on its ability to attract people as a place to live more than a place to work. <\/span><a href=\"https:\/\/www.flipsnack.com\/downtownindyinc\/community-report-2022-downtown-indy-inc.html\"><span data-contrast=\"none\">Recent data from an Indy Downtown booster organization indicates that downtown Indy is home to 25,000+ residents<\/span><\/a><span data-contrast=\"auto\">, with 60% of workers having associate degrees or higher. Many of these workers may engage in remote work or soon switch to remote work.\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559731&quot;:720,&quot;335559740&quot;:480}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">The shift from commercial to residential real estate seems underway in downtown Indianapolis. For example, <\/span><a href=\"https:\/\/www.indystar.com\/story\/money\/2022\/04\/29\/indianapolis-apartments-business-offices-homes-state-downtown-indy\/7438472001\/\"><span data-contrast=\"none\">downtown Indianapolis commercial occupancy rates decreased from 86% in 2019 to 81.9% in 2021, while residential occupancy rates increased from 92.1% in 2019 to 96.9% in 2021<\/span><\/a><span data-contrast=\"auto\">.\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559731&quot;:720,&quot;335559740&quot;:480}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">For 200 years, Indianapolis has adapted and innovated, from once <\/span><a href=\"https:\/\/www.indianalandmarks.org\/2017\/03\/touring-indianapolis-auto-making-history\/#:~:text=Indianapolis%20was%20a%20commercial%20producer,of%20the%20nation's%20auto%20capital.\"><span data-contrast=\"none\">rivaling Detroit for car manufacturing<\/span><\/a><span data-contrast=\"auto\"> to being the <\/span><a href=\"https:\/\/www.history.com\/news\/who-invented-sliced-bread\"><span data-contrast=\"none\">first major city to distribute sliced bread<\/span><\/a><span data-contrast=\"auto\">. Indianapolis must continue to adapt. People and businesses are looking for safe, clean, attractive places with great amenities and reasonable prices. Downtown Indy can certainly provide such a place.\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559731&quot;:720,&quot;335559740&quot;:480}\">\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Originally written on 2\/14\/2023 What are the implications of remote work for the future of downtown Indianapolis? In a working paper, our Ball State University colleagues, Mike Hicks, Emily Wornell, and Amanda Weinstein of the University of Akron, write that the percentage of employees working from home dropped from its COVID high of 35.4% in [&hellip;]<\/p>\n","protected":false},"author":112,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[328],"tags":[617,380,623,105,613,622,616,563,614,621,615,43,620,624,618,619],"class_list":["post-58","post","type-post","status-publish","format-standard","hentry","category-career","tag-amanda-weinstein","tag-ball-state-university","tag-commercial-occupancy","tag-covid","tag-downtown-indianapolis","tag-downtown-indy","tag-emily-wornell","tag-indianapolis","tag-indy","tag-indy-downtown","tag-mike-hicks","tag-pandemic","tag-remote-work","tag-residential-occupancy","tag-university-of-akron","tag-work-from-home"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Downtown Indy After Remote Work \u2013 by Dr. Cecil Bohanon and Dr. John Horowitz - Econ Briefs<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/people.bsu.edu\/econbriefs\/2025\/05\/06\/downtown-indy-after-remote-work-by-dr-cecil-bohanon-and-dr-john-horowitz\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Downtown Indy After Remote Work \u2013 by Dr. Cecil Bohanon and Dr. John Horowitz - Econ Briefs\" \/>\n<meta property=\"og:description\" content=\"Originally written on 2\/14\/2023 What are the implications of remote work for the future of downtown Indianapolis? 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