Here’s a fun chart from an 1980s Urban Geography intro textbook that I picked up in a free pile on the University of Minnesota campus today…
This kind of relationship is referred to in “classic urban geography” as the “bid-rent curve,” about how land values decline from a theoretical peak intersection in the CBD. In Minneapolis, that intersection would be Nicollet Mall and 7th Street, right by the IDS Center.
Do you think this kind of analysis is still useful today?