Earlier this month, the Englewood team headed to Las Vegas for RECon, the global retail real estate convention hosted annually by the International Council of Shopping Centers (ICSC). Attending this major event is always a terrific opportunity for us as a national commercial construction firm to meet with our national retail developer clients, network with new connections from across the country, and really take the temperature of the retail construction sector. Here are some of our key takeaways, trends and insights from this year’s RECon:
Positive Buzz for the Year Ahead
Across the board, the atmosphere at RECon was incredibly upbeat despite recent news coverage of major brands folding and the negative impact of e-commerce on brick-and-mortar retail. Those in attendance were overwhelmingly optimistic about the economy, and many agreed that retail’s contraction in recent years has been a good thing for an overbuilt market sector.
There was also a lot of positive conversation about r..