Marco Li Mandri, president of New City America, speaks with GlobeSt.com's Alyson Grala about urban development during Real Estate 2010. Watch the full video on GlobeSt.TV.
As Li Mandri points out, half or more of the world's population now lives in cities, a trend that is only growing, and this trend has far-reaching implications for every facet of commercial real estate development.
"People want to be in more dynamic environments," Li Mandri says. He outlines the opportunities and challenges that lie ahead as cities, counties, states, the federal government and private developers tackle the development and infrastructure challenges involved.
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