Park Forest, IL—(ENEWSPF)— Staff from the Village of Park Forest were recently among the more than 2,000 public officials and 50,000 retail real estate professionals who traveled to Las Vegas to attend RECon, the global convention sponsored by the International Council of Shopping Centers (ICSC) that showcases retail and economic development opportunities.
Previously known as the ICSC Spring Convention, ICSC's RECon is the largest gathering of retail real estate professionals worldwide. The four-day event features educational sessions on retail and economic development issues, a 240,000 square-foot Trade Expo featuring product and service vendors, and a 2.0 million square-foot Leasing Mall showcasing leading retailers, developers, leasing agents, brokers, and public sector professionals. ICSC estimates that approximately 25 percent of all shopping center development projects are the result of this annual convention.
In addition to the public officials who attended the event, nearly 100 cities, economic development agencies and other public sector groups also exhibited at this year’s convention. Public sector groups began exhibiting at the event in 1982 as a way to increase awareness about the development opportunities in their communities.
During the convention, Village staff met with more than 25 potential developers and retailers. In addition, Matanky Reality and Nassimmi Reality were in attendance to discuss retail real estate opportunities in Park Forest.
Founded in 1957, ICSC is the world’s largest retail real estate trade and professional association with more than 73,000 members in more than 100 countries. Members include shopping center owners, developers, managers, marketing specialists, investors, retailers, brokers, academic and public officials. Headquartered in New York City, ICSC has over 150 staff members and offices in Washington, D.C., Toronto, London, Beijing and Singapore.