Thursday, August 12, 2010

Infrastructure

Infrastructure (an incredibly broad category) location, capacity, and condition are critical factors in real estate investment decisions. Economic slowdowns and resulting contractions in tax receipts and budgets for local governments tend to lead to particularly pronounced infrastructure deficiencies. Something of a negative feedback loop can emerge in such an environment, given the heavy reliance of many local government revenue streams on real estate activities. In some cases, funding shortfalls and forced resource reallocations lead to reworkings of infrastructure funding channels and project processes (selections, approvals, reviews, etc). For example, recently, federal stimulus funds have trickled through to select infrastructure projects. Private, public-private, and community-based efforts can also offer alternative means of infrastructure provision. But there remain innumerable project wishlists and maintenance backlogs dispersed across our city and beyond in need of creative solutions. Here's a smattering of links to current KC infrastructure-related stories and organizations:

"Chamber: Kansas City infrastructure shortcomings hurt business"

U.S. 71 upgrades coming

Green infrastructure

Christopher S. Bond Bridge project

KC Design Center

City's new infrastructure manager 

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