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Why skyscrapers after Covid-19?

Richard Smith Orcid Logo

Futures, Volume: 134, Start page: 102839

Swansea University Author: Richard Smith Orcid Logo

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DOI (Published version): 10.1016/j.futures.2021.102839

Abstract

Globalization’s need for global cities with highly concentrated financial districts is discussed to explain how the Covid-19 pandemic will paradoxically only serve to make the world’s leading global cities more essential, valuable, and demanding of skyscrapers than ever before. Financial and corpora...

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Published in: Futures
ISSN: 0016-3287
Published: Elsevier BV 2021
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URI: https://cronfa.swan.ac.uk/Record/cronfa58000
first_indexed 2021-09-22T07:38:02Z
last_indexed 2024-11-14T12:12:53Z
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spelling 2024-07-17T12:55:08.9537448 v2 58000 2021-09-21 Why skyscrapers after Covid-19? c91a932b3bc4c9ab9297b67800c95e08 0000-0003-0318-8494 Richard Smith Richard Smith true false 2021-09-21 BGPS Globalization’s need for global cities with highly concentrated financial districts is discussed to explain how the Covid-19 pandemic will paradoxically only serve to make the world’s leading global cities more essential, valuable, and demanding of skyscrapers than ever before. Financial and corporate service firms cannot only be digitally based because they also require face-to-face interaction, collaboration, and joint-production within themselves, and between one another, in the most connected global cities to effectively function as competitive businesses. However, after Covid-19 advanced service firms will only not practice remote working where and when they must; so that in-place face-to-face interactions with colleagues and clients will be overwhelmingly only concentrated in the skyscraper-laden financial districts of the world’s leading global cities. The future of commercial and luxury residential skyscrapers in the world’s leading global cities can be said to be secure because the impact of Covid-19 on enhancing the centrality of these few highly connected and super-wealthy cities in globalization is both understandable and predictable; skyscrapers elsewhere in the Global North or South will struggle to remain viable as firms increasingly decentralise the work of their staff away from city centre offices. Journal Article Futures 134 102839 Elsevier BV 0016-3287 Skyscrapers; Covid-19; Pandemic; Globalization; Global cities; Financial districts 1 12 2021 2021-12-01 10.1016/j.futures.2021.102839 COLLEGE NANME Biosciences Geography and Physics School COLLEGE CODE BGPS Swansea University 2024-07-17T12:55:08.9537448 2021-09-21T10:19:26.5051923 Faculty of Science and Engineering School of Biosciences, Geography and Physics - Geography Richard Smith 0000-0003-0318-8494 1 58000__21254__eeaaa552f76a41c89cdecff19a947b66.pdf 58000.pdf 2021-10-20T18:05:19.1470519 Output 128500 application/pdf Accepted Manuscript true 2023-09-20T00:00:00.0000000 ©2021 All rights reserved. All article content, except where otherwise noted, is licensed under a Creative Commons Attribution Non-Commercial No Derivatives License (CC-BY-NC-ND) true eng https://creativecommons.org/licenses/by-nc-nd/4.0/
title Why skyscrapers after Covid-19?
spellingShingle Why skyscrapers after Covid-19?
Richard Smith
title_short Why skyscrapers after Covid-19?
title_full Why skyscrapers after Covid-19?
title_fullStr Why skyscrapers after Covid-19?
title_full_unstemmed Why skyscrapers after Covid-19?
title_sort Why skyscrapers after Covid-19?
author_id_str_mv c91a932b3bc4c9ab9297b67800c95e08
author_id_fullname_str_mv c91a932b3bc4c9ab9297b67800c95e08_***_Richard Smith
author Richard Smith
author2 Richard Smith
format Journal article
container_title Futures
container_volume 134
container_start_page 102839
publishDate 2021
institution Swansea University
issn 0016-3287
doi_str_mv 10.1016/j.futures.2021.102839
publisher Elsevier BV
college_str Faculty of Science and Engineering
hierarchytype
hierarchy_top_id facultyofscienceandengineering
hierarchy_top_title Faculty of Science and Engineering
hierarchy_parent_id facultyofscienceandengineering
hierarchy_parent_title Faculty of Science and Engineering
department_str School of Biosciences, Geography and Physics - Geography{{{_:::_}}}Faculty of Science and Engineering{{{_:::_}}}School of Biosciences, Geography and Physics - Geography
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description Globalization’s need for global cities with highly concentrated financial districts is discussed to explain how the Covid-19 pandemic will paradoxically only serve to make the world’s leading global cities more essential, valuable, and demanding of skyscrapers than ever before. Financial and corporate service firms cannot only be digitally based because they also require face-to-face interaction, collaboration, and joint-production within themselves, and between one another, in the most connected global cities to effectively function as competitive businesses. However, after Covid-19 advanced service firms will only not practice remote working where and when they must; so that in-place face-to-face interactions with colleagues and clients will be overwhelmingly only concentrated in the skyscraper-laden financial districts of the world’s leading global cities. The future of commercial and luxury residential skyscrapers in the world’s leading global cities can be said to be secure because the impact of Covid-19 on enhancing the centrality of these few highly connected and super-wealthy cities in globalization is both understandable and predictable; skyscrapers elsewhere in the Global North or South will struggle to remain viable as firms increasingly decentralise the work of their staff away from city centre offices.
published_date 2021-12-01T14:08:42Z
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