DIRECTORY a GOLDEN OPPORTUNITY It Is with Great Pleasure I Welcome You to the 2013 ICSC Caribbean Conference Being Held in San Juan, Puerto Rico
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DIRECTORY A GOLDEN OPPORTUNITY It is with great pleasure I welcome you to the 2013 ICSC Caribbean Conference being held in San Juan, Puerto Rico. We come from a fantastic region, unique in the world. We are united by a common history, a vibrant present and a bright and promising future. From the Gulf of Mexico, through Central America to the northern area of South America; continuing on our journey, the region is interlaced with heavenly islands which, like pearls emanating from the sea, make up an extraordinary gem, famous in the world for its wealth in cultural diversity. This is Puerto Rico, this is the Caribbean Conference, where there is no other conference like it. Where we are going to feel at home and have the golden opportunity to meet with industry professionals of the most important shopping centers in this region, to network, share experiences, projects and visualize together our future. We look forward to another successful conference this year with great speakers and informative sessions. I hope that you also take advantage of meeting, networking and doing deals with this year’s exhibitors at the Trade Exhibition. I am excited that you can join us and hope to meet you during the conference. Alfredo Cohen ICSC Trustee, 2013 Caribbean Conference Program Planning Committee Chair Director Constructora Sambil Caracas, Venezuela GOLD SPONSORS SILVER SPONSOR BRONZE SPONSOR February 4–6, 2013 • Puerto Rico Convention Center • San Juan, Puerto Rico government finances. Now, signs of revival in economic activity MONday, FEBRuary 4, 2013 in the Caribbean are emerging. Nevertheless, while the recovery continues to move forward, growth globally is moving to a 8:00 am – 7:00 pm weaker, rather than a stronger, performance profile, thereby limiting Caribbean longer-term economic prospects. Registration KEYNOTE SPEAKER: BALLROOM FOYER Daniela Blancas de Erice Economist Latin America & Caribbean Region 8:30 am – 12:00 noon Scotiabank Toronto, ON, Canada Shopping Center Tour Separate registration fee required. See page 6 for details. 2:30 – 2:45 pm View shopping centers and meet with their management teams. Discover innovative architecture and design concepts. Meet and The Caribbean as an Attractive share experiences with colleagues from around the world. Get Destination for Retail Expansion immersed in the shopping center industry in Puerto Rico. BALLROOM B Several factors and incentives exist in the Caribbean region 12:30 – 1:45 pm which makes it an attractive investment location. It has access Lunch to the European, U.S. and CARICOM markets. The Caribbean region is a natural commercial partner of Europe, U.S., Canada, BALLROOM B Central and South America, linked closely together by geography, (No lunch service after 1:00 pm) history and culture. The Caribbean region as a whole represents a market of approximately 23.5 million people. The region is the 3rd largest export market for U.S. manufactured goods in Latin 1:15 – 1:30 pm America behind only Mexico and Brazil. Come listen to our panel Opening and General Session of experts discuss why and how investment in this destination is becoming more and more attractive. BALLROOM B SPEAKER: Alfredo Cohen Alberto Baco (invited) ICSC Trustee, 2013 Caribbean Conference Secretary, Department of Economic Development Program Planning Committee Chair and Commerce (DEDC) Director Government of Puerto Rico Constructora Sambil Caracas, Venezuela 2:45 – 3:30 pm 1:30 – 1:45 pm Prospects of the Shopping Center Welcome to Puerto Rico Industry in the Caribbean: The View BALLROOM B of the Industry Leaders Alejandro Garcia Padilla (invited) BALLROOM B Governor of Puerto Rico The development of the Latin American and Caribbean markets San Juan, Puerto Rico is encouraging companies to invest in the services sector (tourism, real estate and infrastructure). Increasing numbers of companies are able and willing to invest in construction projects in this region. Leading developers will provide an overview of 1:45 – 2:00 pm what they are doing in the Caribbean and Latin America and the Networking Break valuable opportunities that investing in this region can provide. MODERATOR: BALLROOM FOYER Matthew B. Winn Americas Retail Services Leader 2:00 – 2:30 pm Cushman & Wakefield, Inc. Atlanta, GA Caribbean Region: Review of Economic Growth and Development PANELISTS: Christian M. Melgard BALLROOM B Vice President of Leasing - Puerto Rico Global economic recovery is underway, with momentum DDR Corp. gradually spilling over to the Caribbean region. The financial Beachwood, OH crisis adversely affected the Caribbean economies, leading to declining output through a contraction in tourism, financial and Paul D. Puma business services and goods exports, and a deterioration in President, Southeast and Florida Regions 2 Kimco Realty Corporation Charlotte, NC February 4–6, 2013 • Puerto Rico Convention Center • San Juan, Puerto Rico 3:30 – 4:00 pm 4:50 – 5:20 pm Coffee Break The Mall of San Juan: The New BALLROOM FOYER Dominant Upscale Shopping Destination for the Entire Metro Area 4:00 – 4:45 pm BALLROOM B Retail in the Other Caribbean Markets The Mall of San Juan will be a state-of-the-art luxury shopping center anchored by Puerto Rico’s only full-line Nordstrom and BALLROOM B Saks stores. The two-level mall will also feature approximately Were you aware that the Caribbean region has 34 countries 100 stores and restaurants, the majority of which will be new to and territories and more than 7,000 islands? This panel will the Island. Under construction now, it is planned to open late provide information about the growth of the industry in the 2014. The mixed-use project will also feature a Crowne Plaza Caribbean and how the industry is expanding or looking to Hotel and Casino. expand in the region and abroad. The panelists will address the strategies, trends, opportunities and challenges they found SPEAKER: for growing in their country. William S. Taubman ICSC Past Chairman & Trustee MODERATOR: Chief Operating Officer Alfredo Cohen Taubman Centers, Inc. ICSC Trustee, 2013 Caribbean Conference Program Bloomfield Hills, MI Planning Committee Chair Director Constructora Sambil 5:20 – 5:50 pm Caracas, Venezuela Sizing up the Current Impact of Tourism PANELISTS: Gordon Charles on the Caribbean Retail Industry CEO BALLROOM B JQ Charles Group of Companies What is the impact of retail and tourism in shopping centers? Choc Estate, Saint Lucia Top developers from the Caribbean, marketers and leasing executives discuss the importance of tourism in their business Joanna Cranfield plans and the kinds of retailers, restaurants and attractions they Manager need in order to draw tourists. West End Development Corp. Mangrove Bay, Bermuda SPECIAL KEYNOTE SPEAKER: David Huether Salvador Frech Senior Vice President, Research COO U.S. Travel Association Spectrum S.A. Washington, DC Guatemala City, Guatemala Dona Regis 6:00 – 7:30 pm Marketing and Research Department Cocktail Reception Director of Marketing & Product Development Saint Lucia Air and Sea Ports Authority LA TERRAZA AT THE CONVENTION CENTER Castries, Saint Lucia HOSTED BY: Richard Saunders Managing Director Guardian Properties Limited Carenage, Trinidad and Tobago Luis Emilio Velutini Tuesday, FEBRuary 5, 2013 President Fondo de Valores Inmobiliarios 8:00 am – 7:00 pm Caracas, Venezuela Registration BALLROOM FOYER 3 February 4–6, 2013 • Puerto Rico Convention Center • San Juan, Puerto Rico 8:45 – 9:15 am PANELISTS: Ariel Acosta-Rubio Industry Update President & Founder BALLROOM B Churromania International Holding LLC Miami, FL Michael P. Kercheval President & CEO International Council of Shopping Centers Neil Cárdenas New York, NY Regional Manager Collective Brands, Inc./Payless ShoeSource Missouri City, TX 9:15 – 10:00 am Hector Coronel Corporate Social Responsibility in the Regional Real Estate Manager Caribbean Retail Real Estate Industry Panda Restaurant Group, Inc. Arlington, VA BALLROOM B No major company strategy is complete these days without Jorge Galliano a statement on corporate social responsibility. Increasingly, Executive President corporations are motivated to become more socially responsible Gatsby because their most important stakeholders expect them to Caguas, Puerto Rico understand and address the social and community issues that are relevant to them. Michael LaFerle Vice President of Real Estate and Construction MODERATOR: The Home Depot Inc. Marty Sinnott President & Chief Operating Executive Atlanta, GA Amigos de las Americas Houston, TX Paul Shames Vice President Rooms To Go (PR) Inc. PANELISTS: President, Exentrix, Beya and Pozzazz Stores Arturo J. García, AIA, CDP Toa Baja, Puerto Rico Consulting Project Manager Constructora Sambil San Juan, Puerto Rico 10:50 – 11:20 am Coffee Break Maria Ines Gonzalez BALLROOM FOYER Corporate Communications Manager Spectrum S.A. Guatemala City, Guatemala 11:20 – 11:50 am Josephine Maalouf Entertainment as a Central Component Commercial Director of Shopping Centers in the Caribbean Corporacion Lady Lee BALLROOM B San Pedro Sula, Honduras The customer and their lifestyles have changed, and with that, shopping centers are changing to continue to attract consumers. 10:00 – 10:50 am Entertainment centers, eatertainment and destination venues, once of little significance to shopping centers and malls, are now Retailers’ Expansion Trends in growing in importance as an essential part of the mix in order the Caribbean to attract today’s consumer – goods alone don’t work. Today, BALLROOM B shopping centers are in the out-of-home