An influx of cities are already reaching out for guidance to implement changes across their real estate portfolios as a result of the $1.2 trillion infrastructure bill signed by President Biden this week, JLL reported.
"The bill includes provisions for local governments to hire experts in areas like charging stations, solar energy and renewable energy," Brian Oakley, Executive Vice President, Public Infrastructure, JLL, said in a post. "Oakley said in a release, "Recognizing the need for charging stations is a great first step. That kind of deployment is a major infrastructure challenge."
He suggested watching for clean energy and grid-related investments and incentives for public-private partnerships.
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