The term “cosmopolitanism” refers to areas that are more densely …show more content…
Since the early 1980’s Sydney has seen a fundamental and somewhat deliberate cultural shift in the way in which people actively seek out apartment style living in what was once predominantly commercial land use (Shaw, 2006). The apartment boom at the center of Sydney’s CBD in 1979 saw the first conversion of old warehouses into upper class living apartment developments, enabling a variety of uses for the once large, unoccupied buildings (Shaw, 2006). With many of the new apartments marketed as “New York-style lofts”, it suggested that this new form of housing was distinctly different from the surrounding area and culture (Shaw, 2006). By the 1990’s apartment or loft living within Sydney had begun to influence a global, economic, cultural and political shift in the processes of large-scale property development. This shift created a new, but also exclusionary way to live within the city (Shaw, 2006). Like Sydney, many other countries across the globe were experiencing a similar shift in thinking. In New York, the recent real-estate boom has lead to a shift in the housing price and living costs in the area with rising rents, and small locally owned stores being replaced by pricey designer labels (Zurich et al. 2009). This change in ownership of both the homes and commercial stores has lead to the construction of a multicultural urbanity of upscale cosmopolitanism (Zurich et al.