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Loop Alliance: Downtown Activity Metrics Trend Upward
The Chicago Loop Alliance said its latest report on downtown activity shows a continued climb to normal levels. Metrics such as parking volume, transit ridership and hotel occupancy are on the uptick, although the greatest room for improvement continues to be in onsite office occupancy.
“We are encouraged to see data that illustrates the Loop’s steady recovery, and we expect it will only get better from here,” said Loop Alliance president and CEO Michael Edwards. “We’re seeing more headlines announcing large companies’ plans to return to the office, and we know anecdotally that these stories are playing out at smaller businesses, too. In fact, Chicago Loop Alliance will invite all staff back to the office full-time beginning June 1.
“We know that the culture around work will shift to support flexibility and safety, as the COVID-19 pandemic is not yet over, but we anticipate a bustling Loop this summer.”
- ◦Economy
