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"As a developer, it is great to have an opportunity to interact with city officials in such an open way. <br />The reality is that we are more often negotiating from opposite sides of the table. In this environment, we <br />are getting to know each other and developing a deeper sense of what is possible. I believe that this <br />is an important investment on both sides." <br />New responses are needed. <br />The way development is financed has changed, making it harder to complete <br />quality projects. An increase in equity requirements has resulted in fewer <br />developers who have the financial ability and risk appetite to deliver quality <br />development. Local governments that embrace a collaborative approach to <br />problem solving with developers will be more competitive and successful <br />in implementing their vision for a prosperous community. <br />What are the key policies and practices that cities can embrace in <br />times of scarce public resources to attract private investment, create <br />jobs, and build the tax base? An approach that provides clarity, transparency, <br />and efficiency in the development process helps attract investments that <br />create thriving, sustainable communities. Working together to solve <br />problems, identify and pursue new partnerships, and manage development <br />risks will improve key decision- making skills, with the reward of being <br />a competitive community. Navigating the New Normal provides a <br />forum to foster meaningful dialogue between public and private sector <br />leaders and builds trust and collaboration for common goals. <br />—John Breitinger. Vice President— Retail Advisory Services, Cushman & Wakefield- Nodhmarq <br />Born between 1946 and 1964 <br />Want higher connectivity & more walkable areas <br />Seek active lifestyles, more interaction <br />