ACRE Director of Research & Corporate Engagement
What will we do with all the closed branch banks, stores, etc.? It is a great opportunity to rethink use and utilize assets in much the same way as Pitzitz Building and Innovation Center in Birmingham. ACRE is developing a repository of successful Adaptive Reuse to provide community and government leaders with blueprints for how to change "Blight back Bright" again.
K.C. Conway is the Director of Research and Corporate Engagement at the Alabama Center for Real Estate housed with the University of Alabama’s Culverhouse College of Commerce and also currently serves as CCIM’s Chief Economist. He is a proud graduate of Emory University. Professionally, he has amassed more than 30 years of experience in commercial real estate as an appraiser, lender, credit officer and economist. He is recognized as a Counselor of Real Estate (CRE) and Member of the Appraisal Institute (MAI). Conway is also a prolific speaker, addressing more than 750 industry, regulatory and academic bodies in the last decade. Throughout his career, Conway has been recognized for accurately forecasting real estate trends and changing market conditions across the United States. At the Alabama Center for Real Estate, Conway manages the research division’s market trends publications and creates new organic and collaborative research initiatives while also serving as its ambassador to corporate real estate entities.
Founder, Chairman, & CEO of Jacoby Development, Inc
James F. Jacoby is one of America’s most noted and accomplished developers. His company, Jacoby Development is a real estate development firm with a 40-year track record for success. They have built a national reputation for the successful redevelopment of blighted commercial and industrial sites as sustainable mixed-use communities. Jacoby Development is best known for leading the development of Atlantic Station in Atlanta, where they transformed a derelict, 138-acre steel mill site in Atlanta into an iconic live-work-play destination that paved the way for the revitalization of the city's West Midtown area. Today, Jacoby Development is pursuing opportunities for mixed-use developments in unique natural and urban environments. They have active projects in Georgia and Florida and are always seeking attractive development opportunities elsewhere in the U.S.
President & COO, Retail Strategies
Buried in the tax reform bill that was signed into law last December is a new place-based economic development program that could eventually lead to billions in investment in certain designated communities. The program offers a series of tax incentives to investors who deploy capital gains into "Opportunity Zones" - certain historically low-income Census designated by governors that comprise about 10% of all U.S. Census tracts overall. The featured guest speaker is Alex Flachsbart.
Lacy serves as President & COO of Retail Strategies. She has been involved in retail real estate since 2005. Her experience with The Shopping Center Group and the Dickson County Chamber of Commerce prior to joining Retail Strategies provides her with the insight to understand the connections needed from the public and private side of the conversation.
A graduate of Lipscomb University, she earned her double major in Marketing and Management. Beasley is the ICSC TN GR Chair. Previously she held the P3 Retail Private Sector Chair and has served on committees with CCIM, EDAA, and multiple ICSC planning committees. Her articles have been published in Shopping Centers Today, Site Selection Magazine and AL Retail Federation. She has spoken on retail trends and best practices in retail recruitment at approximately 100 events. These include ICSC events, RECon Educational Session, American Association of Retirement Communities, American Public Power Association, Tennessee Valley Authority, ElectriCities of NC, Georgia Power, Southeastern Economic Development Council and state-wide economic development and municipal associations in Canada, AZ, LA, OK, TN, TX, AL, MS, KY and GA.
Attorney at Balch & Bingham LLP
Alex Flachsbart, an attorney with Balch & Bingham LLP who has been involved with the program since its inception, will explain the incentives that comprise this new program and how investors can receive them. He will then explore how the tool may be used to finance active businesses and real estate investment in these Opportunity Zones – and how that investment might benefit developers, business owners, and local communities.