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Connect CRE News (December 13, 2019) Connect Westside Los Angeles’ panel titled, Construction Town: New Projects, TOD Development, Construction Costs and More on the Westside, covered what is driving all the development activity in the market. The conference drew a crowd of more than 250 real estate professionals last week to hear from a mix of CRE leaders who discussed the biggest Westside market trends, deals and growth opportunities. The event kicked off with a 2020 forecast by CBRE’s Spencer Levy, and included panels on financing and the Westside market overview. The Construction Town panel was moderated by Allen Matkins’ Spencer B. Kallick, and the speakers included AECOM Capital’s Ted Fentin, Artisan Realty Advisors’ Mark Laderman, Lowe’s Marty Caverly, and Hackman Capital Partner’s Mike Racine. Once the conversation shifted away from the evolution of the Westside market beyond its traditional “West of the 405” parameters, the discussion focused on where development was occurring, such as Culver City or El Segundo, and why some cities are favored over others due to the “business-friendly” and “pro-growth” approaches they’ve adopted. Read More
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