San Francisco's Downtown Faces Permanent Change, Says Salesforce CEO

Tech CEO Marc Benioff of Salesforce predicts that San Francisco's downtown will never return to its pre-pandemic state.

He advises city officials to repurpose old office spaces into housing and increase police presence.

The pandemic has caused a shift in how businesses operate, leaving many buildings vacant and leading to high office vacancy rates.

The city's struggles include empty storefronts, closures of popular shops, and an increase in armed robberies.

Remote work has reduced the number of daily office commuters and posed challenges for

businesses reliant on downtown foot traffic.

This shift also impacts cities' tax revenues and could result in higher taxes and reduced services. 

San Francisco has relaxed zoning rules and allocated funds for revitalization efforts.

The city's downtown landscape is undergoing lasting changes that require innovative approaches for economic recovery and community development.