Kieron Hunt - SEDA - Saskatchewan Economic Development

Get Connected through ICSC
and its Alliance Program
Saskatchewan Economic Developers Association
Nov 19th, 2014
About ICSC
The International Council of Shopping
Centers (ICSC) is the global trade
association of the retail real estate industry.
With over 60,000 members in 80 countries,
ICSC provides its members with:
EDUCATION
ADVOCACY
RESEARCH
NETWORKING
Retail + Your Community
– Creating Assets for Communities:
Retail and Commercial properties
generate tax revenue, essential for
funding municipal programs.
– Reducing property Taxes: Increasing commercial tax base
is one way to help communities hold down property taxes.
– Local Economic Growth: Development projects can be
thoughtfully planned to help invigorate the local economy.
They can be designed to support existing businesses and
attract new ones.
Retail + Your Community
– Increasing Property Values: Creating amenities can make
a community more appealing to live, work, play and shop.
– Accessibility to Goods and Services: A wide selection,
close to home – the kinds of goods and services retail
businesses offer – will draw homeowners to a community.
– Jobs: Retail provides job
opportunities for people of all skill
levels. It helps people increase work
activity, supplement income and
develop new job skills.
Saskatchewan – Retail Statistics
 71 Shopping Centres (>40,000 sf)
 13.2 million sq. ft.
 12.0 GLA Per Capita (Cdn avg 14.7)
 $10.1 Billion in Shopping Center Inclined Sales
 Growth of 4.7% y-o-y (Cdn avg 1.6%)
 58% of Total Retail Sales (Cdn avg 65%)
 $9,231 Per Capita Shopping Centre Inclined Sales
 $0.5 Billion in Provincial Sales Tax Revenues
 48,473 Jobs
 10.4% of Non-Agricultural Employment (Cdn avg 10.9%)
ICSC’S Alliance Program
Public Sector + Private Sector
= Economic Success
Forums for Public and Private sectors to:
– Network & share ideas.
– Work together on regulatory and
legislative issues impacting development.
– Provide a united and strong voice on
planning challenges.
– Explore retail development opportunities.
ICSC’S Alliance PROVINCIAL Programs
CANADA DIVISION
Kieron Hunt – Cushing Terrell
David Fiume – Build Toronto
ONTARIO
Private Chair - Vacant
Salima Rawji – Build Toronto
BRITISH COLUMBIA
Michael Penalosa – Thomas Consultants
Dale Wheeldon – BCEDA
QUEBEC
Private Chair - Vacant
Public Chair - Vacant
ALBERTA
Jeff Robson – Barclay Street Real Estate
Gerry Gabinet – Strathcona County
ATLANTIC PROVINCES
Vicki Carr – Hardman Group
Jennifer Lake – Conception Bay South
SASKATCHEWAN
Private Chair - Vacant
Public Chair - Vacant
MANITOBA
Private Chair - Vacant
Public Chair - Vacant
Let’s Build & Grow
The Alliance Together
A strategy for being proactive
Cities of Canada Pavilions
ICSC
ICSC
ICSC
ICSC
Whistler
Toronto
Montreal
Las Vegas
Look to your Peers
Look to your Peers
ICSC Membership
– Local, Provincial and Federal Public
Officials, as well as professionals who
work for main street, downtown,
community or economic development
groups, can join ICSC for just $100 US.
– The same benefits of membership that
cost private sector members $800 US;
A bargain you can’t ignore!
Member Benefits
– Discounts on programs, conferences,
meetings
– Discounts on publications
– Free subscription to Shopping Centers
Today SCT Magazine
– Proprietary databases and research studies
– Free Access to ICSC’s membership
database
– Free daily email alerts on industry news
– Free access to Albert Sussman Library
Research Resource Center
Thank you!
Kieron Hunt
Director of Canadian Operations – Cushing Terrell Architecture
& National Co-Chair ICSC Alliance Canada
On behalf of the Intl Council of Shopping Centers
Phone 604-888-6680 or 604-314-3780
kieronh@ctagroup.com