
Jack Mogannam, manager of Sam’s Cable Car Lounge in downtown San Francisco, relishes the days when his bar stayed open past midnight every night, welcoming crowds that jostled on the streets, bar hopped, window browsed or just took in the night air. He’s had to drastically curtail those hours because of diminished foot traffic, and business is down 30%. A sign outside the lounge pleads: “We need your support!” “I’d stand outside my bar at 10 p.m. and look, it would be like a party on the street,” Mogannam said.
Main Idea: Marc Benioff says downtown San Francisco is unlikely to return to its old pre-pandemic life, even as city leaders try new fixes to bring people and businesses back.
Key Points:
Downtown decline can hurt workers, small shops, and city tax revenue, while more empty offices and weak foot traffic can raise costs for consumers and households.
Office-to-housing changes and new mixed-use spaces could add homes and make downtowns safer and more useful for residents and visitors.
Rate how each entity in this article affected the American people.
Salesforce CEO whose comments about downtown San Francisco are a central focus of the article.
San Francisco mayor cited for downtown revitalization actions and funding announcements.
Benioff’s company and the city’s largest employer, referenced as an anchor tenant in downtown San Francisco.
Major retailer and San Francisco-founded company discussed as part of downtown retail changes.
City planning specialist quoted to interpret how downtowns are changing.
The institution behind the downtown recovery study used for comparison and analysis.
Mall owner/brand central to the discussion of downtown retail decline and lender handoff.
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Sign in to commentRetail brand cited as one of the downtown store closures.
Hotel brand mentioned as part of downtown hotel ownership and revenue declines.
Retail chain cited as one of the downtown store closures.
Retail brand cited as one of the downtown store closures.