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The folks making the decisions to move the offices are primarily suburban boomers who think that everyone, like them, longs for the front yard and long commutes and the rest of the world is damn hippies.
'The sad delusion of the superiority of the vanilla suburban office environment must be a strong one.'
Depends who you ask, or more importantly who ends up making these sorts of corporate decisions.
It is probably somewhat generational. Depending on the age of a person, they might just think that a Downtown is to be endured - not enjoyed - and are simply not in tune with the downtown vibe even though they are/were square in the middle of it.
Ring a bell, St Johns ?