Probably started when DEC was consumed by Compaq ... even YC moved out (maybe it's the weather).
Probably started when DEC was consumed by Compaq ... even YC moved out (maybe it's the weather).
In my case, I work in robotics. Somebody working on the perception stack software and going to the occasional zoom meeting has little reason to show up at the office beyond random hallway meetings and free micro-kitchen snacks. A machinist in the prototyping lab, on the other hand, needs to be in front of the giant, expensive CNC machine. For me personally, I have a mix of coding days and lab days, and WFH or go in according to the tasks of the day.
Clued-in companies are going to adjust their real-estate mix. I predict a drop in the fraction of commercial space that consists of carpeted offices.
I wonder if there will be a another push for those jobs to go to lower cost countries.
They are lower cost for a reason...
I once worked on an offshore company that did staff augmentation for american robotics companies, we did mostly software because the hardware was illegal to export.
This is why the WFH revolution didn't make me panic when I discovered how much it would end up costing to renovate a small house 1.5 miles from here. So much biotech, and for that you need to be in the lab at least some of the time. The MBTA's recent troubles ("global slow zone", anyone?) only make it "better", like I paid them off or something.
Overhead electrification on the commuter rail lines or even battery-electric trains would allow the T to run Green line style trams further out into the 'burbs out to I95 and let the commuter rail trains focus on the I495+ outer burbs/medium distance without having to stop frequently on the inner part.
Reusing the existing commuter rail lines with trams is much cheaper than building new T lines as they did with the Green line into Medford (and if you don't live in Medford, it doesn't help you!).
It doesn't work. It'll go to 0. None can cover the costs.
> But other shops will still exist
You might be surprised the number of people that sneak out during work or during "breaks" and/or before/after work. Have seen people with all sorts of things from the shop in the office that isn't food.
There will be plenty of places with sufficient population density to cover the costs of operating a coffeeshop (or whatever business).
> You might be surprised the number of people that sneak out during work or during "breaks" and/or before/after work.
Anyone who sneaks out of work-from-office to do some shopping can just as easily (more easily!) sneak out of work-from-home to do some shopping.
Those that "sneak out" might not even leave near a shop. It could be a 30mins drive.
A lot of WFH-er have moved to lower cost of living areas. Your city centers (where a lot of offices are) will be a lot different.
Though the reality is Boston has a lot of industries. It's not just some computer tech and biotech, but the metro is still a top global education destination, still has a huge medical footprint, still has several massive financial institutions (notably Fidelity and State Street) and a decent banking footprint, as well as insurance. Boston has a lot of industry tentpoles, so it's very resilient to one industry going elsewhere, like when tech heavily shifted to the Valley long ago.
Though the MBTA's shortcomings in the past 5-7 years is starting to take its toll. I feel the T being taken over by the fed to right the ship a la DC is inevitable, and it's likely necessary for Boston and Cambridge to not significantly lose appeal. Though at least it's one of the most walkable metros (particularly Boston, Cambridge, Somerville, Brookline and Quincy) in the country.
Biotech and pharma is obviously huge around Kendall. The big software companies in Boston and Cambridge today are mostly offices of West Coast companies.
One reason building up Biotech and Pharma wholesale in the Kendall Square area was practical was a lot of that was underutilized warehouses and the like from Cambridge's industrial era so you could (and continue to) do massive new constructions for those types of companies (and MIT of course).
For instance, lab buildings typically require floor-to-floor heights of at least 15 feet in order to accommodate 5+ feet of mechanicals for every floor. They concomitantly require much larger utility risers between floors, and floors that can support much heavier loads than office buildings.
South SF is very business friendly, there is plenty of open land and it's nice to plant your company somewhere where there are dozens of other start-ups/small biotechs within a 10 min walk.
There is some biotech around USCF in Mission Bay (and some venture firms), but it's pretty small at this point.
Public transport is not accessible. It’s really a world away from SF or anywhere interesting.
But it's still the center of tech in the Bay area.
If the choice is between "trendy restaurants" and "center of business universe", trendy restaurants ain't gonna win.