P.U.M.A.’s 2020 Global Trends Report Pandemic Update

Back in late 2019 B.C. (Before COVID-19), we released the P.U.M.A. 2020 Global Trends Report highlighting opportunities arising from converging shifts in demographics, lifestyles and a new category, “disruptive forces,” that are shaping our cities. Little did we know that months later we’d be in the midst of the disruptive events of our lifetimes – the COVID-19 pandemic that has wreaked havoc on public health and economies around the globe and the American protests for racial justice that could accelerate dramatic social change.

Since we initiated the P.U.M.A.’s Global Trends Report in 2007, it has become a reliable go-to resource for downtown management organizations, business leaders, and local decision-makers, and has often predicted and/or reaffirmed many of the shifts that have supported the urban renaissance. We now offer a 2020 Global Trends Report Pandemic Update – our reasoned estimation and expectation on how the pandemic and associated disruptions will affect North American downtowns. We also offer a qualifier that today’s analysis may have a limited shelf life, as we’ve watched conditions change weekly during the initial months of the pandemic.

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COVID-19 Economic Recovery for Downtowns and Main Streets

As our world ricochets from one reality to another, it’s been an unprecedented time for all of us. We’ve started thinking about the road ahead and how our friends and colleagues in downtown and district management can best chart a course without a fixed road map. To this end, we’ve developed a series of Economic Stabilization and Recovery Frameworks in concert with organizational partners, notably the International Downtown Association, Downtown Colorado, Inc. and the Colorado Main Street Program. The Frameworks, available for download below, are intended to provide a structure and ideas that can help downtown and district managers plan for the next three to 18 months, while acknowledging that each community will face different challenges and the Frameworks themselves will need to change frequently as conditions evolve.

P.U.M.A.

Economic Stabilization, Recovery and Organizational Response: An Action Framework for Colorado Downtowns 
(DRAFT – April 20, 2020 – Prepared by P.U.M.A. in concert with Downtown Colorado, Inc.)

P.U.M.A.

Economic Stabilization, Recovery and Organizational Response: An Action Framework for Colorado Downtowns
(DRAFT – April 7, 2020 – Prepared by P.U.M.A. in concert with DOLA/Colorado Main Street)

P.U.M.A.