ULI and Ernst & Young (EY) recently released Infrastructure 2014: Shaping the Competitive City, the eighth report in an annual series. Using survey responses from more than 400 leading real estate professionals and public officials worldwide, the 2014 report analyzed the function of infrastructure as it relates to engaging city real estate investment and supporting urban success.
The report also reviewed important infrastructure investment areas and obstacles. Among its findings, Infrastructure 2014 stated that a well-maintained city infrastructure drives real estate investment. Survey participants also noted that infrastructure financing and funding are believed to be contingent upon cooperation between local governments and developers.