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Shifting Retail Landscape Reshapes Live-Work-Play Investment Strategies

Top-Performing Neighborhoods Attract Steady Foot Traffic in Urban Retail Nodes As Working and Shopping Trends Evolve
An exclusive analysis of more than 300 neighborhoods to evaluate the live-work-play dynamics in urban office nodes found that downtown Nashville, Tennessee, scored as a top-performing area showing more resilience at the onset of the pandemic and a faster overall recovery. (Getty Images)
An exclusive analysis of more than 300 neighborhoods to evaluate the live-work-play dynamics in urban office nodes found that downtown Nashville, Tennessee, scored as a top-performing area showing more resilience at the onset of the pandemic and a faster overall recovery. (Getty Images)
By Peter Ferramosca
CoStar Advisory Services
May 29, 2022 | 4:50 P.M.

“Live-work-play” was a favored pre-pandemic buzz phrase among commercial real estate investors who touted the synergistic appeal of its mix of uses in attracting tenants. But as the “work” aspect shifted away from physical offices, and as social distancing brought “play” to a grinding halt, investment in these areas fell out of favor.

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