Infrastructure is “the set of facilities and systems that serve a country, city, or other areas, and encompasses the services and facilities necessary for its economy, households and firms to function.”
Infrastructure refers to public and private physical structures such as the following:
- Sewers and water lines
- Government buildings
- Hotels
- Libraries
- Medical facilities
- Roads and parking structures
- Multifamily and single-family homes
- Office buildings
- Industrial buildings or warehouses
- Correctional facilities
- Religious facilities
- Educational facilities
- Restaurants
What is infrastructure?
Infrastructure can be classified into two categories: hard and soft.
Hard infrastructure includes the physical networks required for our modern industrial society to function, such as roads, bridges, and railways.
Soft infrastructure refers to the institutions that uphold economic, health, social, environmental, and cultural standards. This category encompasses parks and recreational facilities, emergency services, educational programs, and law enforcement.
Using Infrastructure+ from Hubexo, you can search for all types of infrastructure projects across the USA.
The software provides project information from the planning stages through all construction phases. With Infrastructure+, you will have contact information for the following:
- Architect
- Developer, owner, property manager
- General Contractor
- Interior designer
- Name and address of the project
- Construction Stage
- Proposed
- Planning stage
- Start Date (1-3, 4-12, 12+ Months)
- Groundbreaking
- Early construction
- Construction
- Finalizing construction
- Completed
- Cancelled
- On hold or postponed
- Retired
- Brief description of the project
- Published and updated dates
This streamlined access to project data makes Infrastructure+ an invaluable tool for tracking infrastructure development.
Infrastructure+ from Hubexo provides early-stage reporting features designed to help you track details about infrastructure projects and companies – delivering access to project value, location, plans, specifications, and decision-maker contact information from the proposal and planning stages.
You can generate comprehensive company reports to understand who is collaborating with whom and the nature of their working relationships.
This tool will offer a fresh perspective to visualize planned construction and existing developments using GEOSPEX™ project mapping. You will also access analysis tools and overlays that include political, geographic, and demographic information.
Learn more about Infrastructure+!
Why Knowing Where Infrastructure Is Being Built Matters
Planned infrastructure projects can have serious consequences or create massive opportunity (or both!), depending on who you are.
In many cases, crucial infrastructure development for transportation and communication like roadways and internet cables can make the difference in a place’s being viable for other development. Same goes for water and sewage infrastructure. If a place can support modern residential and commercial spaces and the amenities which come with them, then it can be a target for future economic development.
In the same vein, upcoming infrastructure projects can serve a predictive purpose for future commercial opportunities. If you know a certain town or region is set to accommodate a significantly larger population, then businesses may want to set up shop there.
On the other hand, construction to reshape transportation infrastructure, for example, can affect accessibility to certain commercial developments. For this reason, planned infrastructure projects should be a real consideration for CRE site selection.
