Retail Is In Growth Mode Again, But Construction Isn't Keeping Up


Retail Is In Growth Mode Again, But Construction Isn't Keeping Up


The retail renaissance in the U.S. is accelerating, with promising new leasing metrics and a resilient economy giving retailers confidence to push forward with expansions.

But their growth efforts are increasingly colliding with a supply shortage as rising construction costs prevent developers from putting shovels in the ground to take advantage of rising rents and historically low vacancy.

“It’s almost like the anecdote about the frog that’s in the pot that's getting a little bit hotter,” JLL Senior Director of Americas Retail Research James Cook said. “Costs are getting higher and higher every year. It’s a continuation of a trend that we've been seeing for a few years.”...

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RSK: Retail wants to grow and expand but construction materials, workers and money is being gobbled up by data center construction

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- - Volume: 26 - WEEK: 40 Date: 9/29/2026 5:10:21 PM -