Some changes to the Endangered Species Act (ESA) proposed by the Bush administration may soon ease the cost and complexity of shopping center development, Shopping Centers Today reports.
The retail magazine said changes to the1973 law would allow federal agencies to determine the effects of development on endangered species, rather than relying on the lengthier protocol of seeking independent scientific review. Essentially, regulators would consider only the impact of a development on its site, not on the environment as a whole.
Earlier this summer, other reports said that President Bush was considering changes that would weaken the ESA. See Associated Press report on CNN and The Conservation Report.