Retail development is gaining momentum once again after a period of stagnation. Experts interviewed at ICSC Las Vegas agree that the sector is picking up speed, but it remains to be seen how much progress will be made in the near future. According to Arturo Sneider, CEO of Primestor Development, there are still obstacles to overcome and it may take two to three years for significant development activity.
In this video, industry leaders provide valuable insights on what’s driving renewed interest in retail development and discuss the challenges that must be addressed. Along with Sneider, Owen Hutchinson (EVP retail services at X-Team), Dave Cheatham (president of X Team/Velocity Retail), Shahin Yazdi (executive managing director at Colliers Mortgage), and Darren Wood (principal at Providence Group) share their perspectives.
The article “Retail Development Sees Renewed Momentum Along with Hurdles” offers expert opinions on current trends in retail development without mentioning specific companies or organizations.