Post by Aaron Szarowicz, MPA, CEcD

Economic Development | Public-Private Partnerships (P3) | Incentive Structuring | Municipal Bonds | Real Estate Development | Site Selection

Aesthetics definitely matter, but resilient infrastructure is what actually drives long-term commercial real estate value. The City of Brookhaven, Georgia’s recent approval to invest $1.6M to underground utilities along Dresden Drive is a prime example of proactive economic development. Burying utility lines isn't just a cosmetic upgrade—it structurally transforms a major commercial corridor from a high-traffic arterial road into a premium, walkable, and resilient public realm. By mitigating climate risks and dramatically enhancing the pedestrian experience, we are directly de-risking future private investments along the corridor. When cities invest heavily in the foundational public realm, the market responds with increased density, higher-value tenants, and sustainable submarket growth. #EconomicDevelopment #InfrastructureInvestment #UrbanPlanning #CommercialRealEstate #Brookhaven #PublicPrivatePartnership