Empty Spaces and Hybrid Places: The Pandemic's Lasting Impact on Real Estate

The past three years of the pandemic and the widespread practice of working from home have had a huge impact on our cities, businesses, individuals, and real estate of all types around the world. What will the future look like when considering long-term trends in population, employment, office attendance, housing prices, and other factors? Join us for a special presentation featuring the results of a new McKinsey Global Institute (MGI) report, "Empty spaces and hybrid places: The pandemic’s lasting impact on real estate." MGI Director Lola Woetzel will take the lead in a discussion of the report's findings and implications, such as the ripple effects of hybrid work on the way we live, work, and shop; the resulting impact on demand for office, residential, and retail space in cities; and how urban stakeholders can adapt to the new reality. They will be joined by Peter Calthorpe, urban design and planning principal at HDR, and Charles Atkins, Partner at McKinsey and Company. Photo courtesy McKinsey. October 5, 2023 Speakers Peter Calthorpe Urban Design & Planning Principal, HDR Lola Woetzel Director and Senior Partner, McKinsey Global Institute; Twitter @JonathanWoetzel In Conversation with Charles Atkins – Partner, McKinsey & Co. 👉Join our Email List! https://www.commonwealthclub.org/email 🎉 BECOME a MEMBER: https://www.commonwealthclub.org/membership The Commonwealth Club of California is the nation's oldest and largest public affairs forum 📣, bringing together its 20,000 members for more than 500 annual events on topics ranging across politics, culture, society and the economy. Founded in 1903 in San Francisco California 🌉, The Commonwealth Club has played host to a diverse and distinctive array of speakers, from Teddy Roosevelt in 1911 to Anthony Fauci in 2020. In addition to the videos🎥 shared here, the Club reaches millions of listeners through its podcast🎙 and weekly national radio program📻.