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Talk of the Town: Overcoming NIMBYism to improve communities

October 15, 2024 42 Minute Listen

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Community opposition can thwart the most desirable—and needed—development projects. Connecticut developer Jerry Davis and CBRE’s Jessica Lall offer tips and strategies for marshalling community support for worthwhile projects and overcoming the instinct to “just say no” to new development.
2024-ep38-talk-of-the-town-hero

Talk of the Town: Overcoming NIMBYism to improve communities

October 15, 2024 42 Minute Listen

Talk of the Town: Overcoming NIMBYism to improve communities

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Unique insights on what matters most today in commercial real estate.



Key learnings to manage NIMBYism:

  1. Engaging the community early and maintaining open lines of communication are crucial for real estate developers to overcome community objections. By involving local stakeholders in the planning process and addressing their concerns, developers can build trust, gain allies and smooth the path for project approval.

  2. Local governments that adapt regulations to allow for a variety of housing types can ease the "missing middle" problem—affordable housing that falls between single-family homes and large multifamily properties.

  3. The affordable housing shortage can provide an impetus for regulatory changes and innovative solutions.

  4. Successful pilot projects can demonstrate how local communities can benefit from new development.

  5. Collaboration between government and the private sector can advance worthwhile projects that can be derailed by well-intention community opposition.



Guests

Photo of Jerry Davis

Jerry Davis

Managing Partner, Davis Realty

Davis Realty is a venture dedicated to providing commercial and residential space in Connecticut. Jerry has cultivated a niche as a developer who effectively collaborates with communities during the entitlement process. Earlier in his career, Jerry was a producer of major animated movies, giving him a unique skill set when applied to the challenges of real estate development today.

Photo of Jessica Lall

Jessica Lall

Managing Director

Jessica Lall serves as the Managing Director overseeing CBRE’s Downtown Los Angeles office. In this role, Ms. Lall is responsible for developing and implementing strategic direction and day-to-day leadership for leasing, sales, valuations, debt, and structured finance, and property management across all commercial real estate sectors for the Downtown Los Angeles market.

Drawing on her extensive background in public/private partnerships and executive leadership, Ms. Lall also leads CBRE's civic engagement efforts. Through ongoing collaboration with community leaders, Ms. Lall helps policymakers leverage CBRE’s resources and expertise to drive meaningful advancements on critical matters affecting Los Angeles, including housing, homelessness, and revitalization of neighborhoods.

Host

Photo of Spencer Levy

Spencer Levy

Global Client Strategist

Spencer is the Global Client Strategist and Senior Economic Advisor for CBRE, where he plays a central role on the firm’s “Client Care” team, working daily with its largest investor and occupier clients. He brings more than 30 years of experience as a lawyer, investment banker, and leader in research and capital markets leader, with the last 18 years at CBRE.

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