On January 12, 2016, Larry Kosmont gave his annual address to the Southern California Development Forum (SCDF) on the subject of California real estate and business opportunities in 2016. His presentation was entitled California’s Economic Red Carpet for 2016: “The SPECTRE of Prosperity is Green”. A description of Larry’s address and that of panelist James Maddox, Principal at Avison Young, is shown below.
Led by Governor Brown, the State continues its march toward a sustainable economy, one that emphasizes carbon footprint reduction as business priority. The implications of a green economy are significant and affect businesses and commercial buildings. In addition to providing various updates on real estate trends, the panel provided insights on the direction of the state and local government and how to make the most out of the opportunities that come from a dramatic shift in economic priorities that the State is committed to accomplishing.
See the full presentation here: