Expect millennial workers to return (if they ever really left) to where they were raised
Housing affordability and quality public schools are driving factors
Millennials will favor submarkets that offer elements of the CBD’s they are leaving
Transit-oriented communities allow workers to keep a foot in both worlds
Workspaces that replicate contemporary urban style will be preferred
Much has been written about the so-called “Millennial” or “Generation Y” worker. Demographers have failed to pin precise dates on when this generation of people begins and ends, but generally the millennials are considered to be those born between the early-1980’s and the late-1990’s. The term “millennial” is believed to have been coined to refer initially to those graduating from high school around the turn of the millennium. Today, the millennial office worker ranges from those preparing to graduate college and take their place in the workforce to vice presidents in their mid-30’s.
