Civic infrastructure isn’t “impact real estate.”
It isn’t specialty CRE or P3s with new words.
It’s a distinct asset class.
Education facilities, workforce housing, and care assets share the same structure.
Capital isn’t missing interest.
It’s missing a category.
Mark you see the proxy war problem but you are wrong about the fix. A community tour is still tech talking at people. They don’t have a PR problem. They have a skin in the game problem. Water pressure is dropping in Newton County because a data center is drinking the aquifer. No town hall fixes that. Build something permanent. The training floor. The housing. The infrastructure that says we are here for fifty years not the next news cycle. That’s not community relations. That’s the price of admission. That’s Civic Infrastructure.
Just realizing tonight that every project I care most about has one thing in common:
if it fails, a whole community feels it.
That seems like the right place to be.
Civic infrastructure gets mispriced because it sits between categories.
It looks like real estate, behaves like infrastructure, and serves a public function.
Capital markets don’t like assets they can’t label.
Here’s an idea, reopen the Dept of Ed as ‘Classroom Crashers.’ Kids ducking falling plaster? Federal funds to the rescue! Transform schools from haunted wrecks to hype-worthy—save our future, stat!
@GovernorShapiro Here we go 2028, I’ll see your biz license, raise you zoning and building permits, and double down on school choice said @GavinNewsom@chamath
@mcuban Agree. Is it too much to ask, to just browse in peace, rather than having the annoying sales person always in your face every time you pull a shirt off the rack?
@StorageDataDev If a GC gives you a bid with no profit, you should not work with that GC. If you want your project to be successful then you want your GC to make money. There is more to construction than actually the construction part. Good luck.