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2025-Innovators in Commercial Real Estate-Eddy Park of Katten

Eddy Park
Partner 
Katten

Beyond Buildings: How do you see innovation in commercial real estate creating a broader impact on communities and the people who live and work in them? People often associate innovation with technology, but I think the greatest opportunity in commercial real estate lies in rethinking how spaces can be designed to promote healthier, more fulfilling ways of living and working. This includes walkability, density, bike paths, and a diverse mix of uses. It’s the idea behind the “15-minute city,” which offers a compelling framework where developers, owners and tenants can all benefit.

Innovative Outlook: Where do you see the biggest opportunities for innovation in the commercial real estate sector? While many might point to technology or process, I like to think that the real opportunities lie in taking a more creative approach to planning. In other words, some of this innovation needs to come from municipal and government bodies, which can take a policy-oriented approach to encouraging this sort of development. They also play a key role in implementing legal, zoning and regulatory changes necessary to make such development possible.

Corporate Culture: How does your organization foster a culture of innovation among employees and leadership? Katten takes a balanced approach to adopting new ideas and technologies. Importantly, it entrusts its young partners with significant mentorship and training responsibilities. I serve as one of the designated talent development partners in my practice area, meaning I help ensure our associates receive the substantive training they need appropriate for their level, often in a less formal setting, which encourages openness and communication.

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