Should It Stay or Should It Go Now? What's In Your Community's Retail Future?

What's In Your Community's Retail Future?

Retail shrinking and hotels resetting?

Housing and industrial in high demand?

What is your city’s revenue preservation and value capture plan beyond a COVID economy?

Retail stores are a rapidly diminishing fiscal revenue source. There is a timely opportunity to save your community’s tax base by reimagining retail corridors, malls, and downtown districts beyond the antiquated retail box.

Reimagining Retail into “Blended Use”: We have Bright Ideas and Experience to Share

The Kosmont Retail NOW!^® platform focuses on economic development initiatives that replace today’s overreliance on retail with diversified “blended use” centers that produce resilient long-term economic development, housing, and real estate solutions to your community.

We Invite You to Chat with Us

The Kosmont Team invites you to discuss how we can approach a revenue based and value capture approach to the inexorable transformation of storefront retail in this economy.

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Kosmont Companies is celebrating our 35th anniversary as an economic development, real estate, and public finance advisor. We have been assisting the public and private sectors for decades in bringing plans and projects to fruition.

LEAGUE OF CALIFORNIA CITIES CITY MANAGERS CONFERENCE

No Hotels? Less Retail? What’s a City Manager to do?

Come hear Larry J. Kosmont, CRE® participate as moderator for this session on Monday, February 1, 2021 at 2:30pm.

Speakers: Robert Aptaker, RDA Development | Jim Dillavou, Principal and Co-Founder, Paragon Commercial Group | Sharon Landers, City Manager, Carson

Session Description:

COVID-19 has impacted sales and hotel taxes, changing fundamental business models for retail, hotel, and accelerating residential and industrial. Economic development post-COVID is about retail reimagination with focus on shifting regional malls to blended use destinations and expanding residential and outdoor destination amenities. For hotels, both business and tourism, it’s about consumer perception of safety and “cleanliness”.

A land-use revolution is underway as communities seek to resuscitate local economies and re-establish revenue momentum. Learn the primary economic development pathways to vitality and how cities can leverage government grants, special districts, public financing, and new zoning tools to achieve revenue and resiliency.

Learn More / Register Here