What is considered a major factor leading to the decline of centralized commercial districts?

The decline of centralized commercial districts can significantly be attributed to the development of suburban areas. As suburban regions expand and become increasingly attractive due to factors such as affordable housing, improved amenities, and more space, consumers and businesses alike often migrate away from urban centers. This relocation leads to reduced foot traffic and patronage in the traditional commercial districts.

While factors like increased telecommuting options and the rise of e-commerce have also contributed to changes in shopping and work habits, these trends are largely impactful within the context of an already shifting demographic landscape caused by suburban development. Urban revitalization efforts typically aim to enhance the attractiveness of city centers and can even counteract the decline of centralized commercial districts, rather than being a factor that contributes to it. Thus, the development of suburban areas stands out as a primary reason for the decline in the relevance and vitality of centralized urban commercial spaces.