ICSC releases infrastructure white paper

Last week as part of the ICSC Strategic Leadership Summit and Federal Fly-in, ICSC launched “Strong Infrastructure Drives Retail Success: The link between infrastructure investment and the retail real estate industry.” 

This white paper was created in consultation with the ICSC Infrastructure Task Force and based on the findings of a 2018 ICSC membership survey. The Task Force identified two specific policy requests that will positively impact ICSC members’ infrastructure related projects: 

1. Restoring and modernizing federal infrastructure funding, with a special focus on the positive impacts of public-private partnerships;
2. Streamlining permits to increase efficiency and maximize the effectiveness of infrastructure funds.    

In addition to pointing out the importance of safe and efficient infrastructure to the retail real estate industry, the paper also highlights the significant contributions of the industry towards the construction, maintenance and capacity building of infrastructure related to development and redevelopment projects. As well, there is a discussion about the ongoing shift in the built environment and the blending of uses as asset intensification proceeds and what that could mean to infrastructure utilization in the future.

The full paper can be accessed at www.icsc.com/road2retail.