New Developments

  • Office Sublease Space Grows in Tech and Energy Markets

    February 8, 2016 Last week, Yahoo became the most recent large tech company to announce layoffs and office closures as it explores alternatives for its web business. Moves like this highlight the growing issue of sublease space among tech and energy companies, whose expansion drove demand for office space in recent years. Are new availabilities relieving tight conditions or a sign of something more severe? Plus, interest rate survey data from Trepp.
  • Power in Half Measures: Pritzker Prize Winner Alejandro Aravena

    February 5, 2016 When the Pritzker Architecture Prize jury selected Alejandro Aravena of Santiago, Chile, as the 2016 laureate, it was not only for what Aravena designs, but also for what he does not design. The firm for which he serves as executive director, Santiago-based Elemental, has earned international attention for designing low-cost social housing that provides “half a house”—a home that people can inhabit, plus a framework that allows them to double the size of their dwellings as they have time and resources.
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  • Nina J. Gruen, executive vice president and principal sociologist at Gruen Gruen + Associates. Industry Sectors

    Why Women Need a Sense of Humor When Crashing an All-Male Organization

    In an excerpt from her retrospective on six decades of professional development and leadership, Nina J. Gruen recounts her experiences upon joining ULI in 1971 as one its first female members. Gruen and her husband, Claude, founded San Francisco market research firm Gruen Gruen + Associates (GG+A). She became the Institute’s first female trustee in 1982.

  • 800unsplash_buildings Market Trends

    Urban Land’s Most Popular Articles for 2015

    As we turn our calendar over to 2016, we wanted to look back on the topics that resonated with the readers of Urban Land Online in the past year, including rebuilding vibrant downtowns and ExxonMobil’s new campus in Houston.

  • 800philly Market Trends

    Philadelphia to Host ULI’s 2016 Spring Meeting

    ULI will hold its 2016 Spring Meeting April 19–21 at the Pennsylvania Convention Center in Philadelphia, open only to full members. A major focus for the 2016 gathering will be innovation, transformative place making, and the entrepreneurial culture taking root in cities across the United States. Philadelphia, which has not hosted a major ULI event in more than 20 years, is a prime example of this urban evolution.

New Developments

  • Office Sublease Space Grows in Tech and Energy Markets

    February 8, 2016 Last week, Yahoo became the most recent large tech company to announce layoffs and office closures as it explores alternatives for its web business. Moves like this highlight the growing issue of sublease space among tech and energy companies, whose expansion drove demand for office space in recent years. Are new availabilities relieving tight conditions or a sign of something more severe? Plus, interest rate survey data from Trepp.
  • Power in Half Measures: Pritzker Prize Winner Alejandro Aravena

    February 5, 2016 When the Pritzker Architecture Prize jury selected Alejandro Aravena of Santiago, Chile, as the 2016 laureate, it was not only for what Aravena designs, but also for what he does not design. The firm for which he serves as executive director, Santiago-based Elemental, has earned international attention for designing low-cost social housing that provides “half a house”—a home that people can inhabit, plus a framework that allows them to double the size of their dwellings as they have time and resources.
  • KIDS_turtle_shutterstock_187868192 a Market Trends

    Will U.S. Housing Supply Be Appropriate for Future Demand?

    The United States is in the midst of a diversity boom that could rival or even surpass that seen during the baby boom of the last half of the 20th century, demographer William Frey writes in his 2014 book Diversity Explosion. In a question and answer session, Frey discusses the implications of changing demographics on U.S. housing.

  • a7878843-67hcm3b-GLP_20MisatoIII_Japan4_entrance Planning & Design

    ULI Global Awards for Excellence: GLP Misato III – Misato City, Japan

    Completed in May 2013, GLP Misato III is a state-of-the-art logistics facility in Greater Tokyo in the Saitama Prefecture. The five-story facility, with a total floor area of 1 million square feet (93,000 sq m), is equipped with dual ramps allowing service vehicles to drive to each floor, demonstrating efficiency of land use in a country where land is severely constrained.

  • 800_hinesaerial Development

    Atlanta’s Midtown Site Selected for 2016 ULI Hines Competition

    ULI has announced an area in Atlanta’s Midtown neighborhood as the study site in the 14th annual ULI Hines Student Competition. The ideas competition provides teams the opportunity to devise a design and development program for parts of a large-scale site.

  • africa_forest_800 Planning & Design

    Reconnecting Downtown to the Water in South Africa’s Port Elizabeth

    In Port Elizabeth, a coastal city in the Eastern Cape Province of South Africa, city officials hope to catalyze development surrounding the river and port, as well as other parts of the Baakens Valley Precinct, a 300-acre (120 ha) site. The plans “will turn the city around,” says Dawn McCarthy, the municipality’s senior director for strategic planning and coordination in the office of the chief operating officer, speaking at the opening briefing for a World Bank–sponsored ULI Advisory Services panel convened in November.

Recent Articles

  • U.S. Treasury Looking at Cash Buyers of Luxury Homes in New York, Miami

    February 9, 2016

    Residential real estate executives are scrambling to assess the impact of a new U.S. Treasury Department initiative to crack down on criminals and corrupt foreign officials who use luxury home purchases to launder money.

  • Refugee Migration Clouds Largely Positive Outlook for Europe

    February 8, 2016

    The economic outlook is mostly positive for Europe in 2016—but the current increase in migrants arriving in Europe has threatened the political consensus that has mostly held sway on the continent since World War II, said experts speaking at the ULI Europe conference in Paris.

  • Dense, More Compact Cities Help Combat Climate Change, Inequality

    February 8, 2016

    Dense, compact cities are “the way forward in the development of man” and are critical in combating climate change and inequality, renowned architect Lord Richard Rogers told delegates at the ULI Europe conference in Paris.

  • Office Sublease Space Grows in Tech and Energy Markets

    February 8, 2016

    Last week, Yahoo became the most recent large tech company to announce layoffs and office closures as it explores alternatives for its web business. Moves like this highlight the growing issue of sublease space among tech and energy companies, whose expansion drove demand for office space in recent years. Are new availabilities relieving tight conditions or a sign of something more severe? Plus, interest rate survey data from Trepp.

  • What Will Turn Millennials into New Homeowners?

    February 5, 2016

    The big question hovering over housing during the financial recovery has been what will convince millennials to become homeowners? Two showcase homes unveiled at the recent International Builders Show in Las Vegas provide both answers and inspiration.

  • Power in Half Measures: Pritzker Prize Winner Alejandro Aravena

    February 5, 2016

    When the Pritzker Architecture Prize jury selected Alejandro Aravena of Santiago, Chile, as the 2016 laureate, it was not only for what Aravena designs, but also for what he does not design. The firm for which he serves as executive director, Santiago-based Elemental, has earned international attention for designing low-cost social housing that provides “half a house”—a home that people can inhabit, plus a framework that allows them to double the size of their dwellings as they have time and resources.

  • Video: Architect Richard Rogers and the 2015 ULI J.C. Nichols Prize

    February 3, 2016

    Richard Rogers, an internationally renowned architect recognized for people-oriented building design and development, has been named the 2015 recipient of the ULI J.C. Nichols Prize for Visionaries in Urban Development. Rogers was honored as part of the ULI Europe Conference in Paris.

  • Bringing an Open-Air Venue and Park to a Former Landfill in the Music City

    February 2, 2016

    The sight and sound of giant incinerators burning tons of trash in the heart of Nashville’s urban core have been replaced by musical performances and picnicking families, tourists snapping photos, and occupants of surrounding offices, apartments, and condominiums experiencing the city’s new Leadership in Energy and Environmental Design Gold–certified riverside amphitheater and park.

  • Are Apartment REITs Headed Toward a Cliff in 2016?

    February 1, 2016

    Apartments had a very strong year in 2015, with rent growth averaging 4.8 percent and occupancy averaging 95.8 percent according to MPF Research, a division of Real Page. But apartment market activity slowed late in the year, and opinions are mixed about whether it was seasonal slowing or a sign that markets are cooling. Plus, interest rate survey data from Trepp.

  • 18-Hour Cities Reinforce Their Hold on Investors’ and Developers’ Attention

    February 1, 2016

    Eight of the top ten cities identified by the Emerging Trends in Real Estate 2016 report compiled by ULI and PwC as the most favorable for investment and development in 2016 are secondary cities, sometimes called 18-hour cities. There is greater risk in such cities, but they also offer better opportunities and the potential for larger yields than the traditional gateway cities, survey respondents said.

  • Will U.S. Housing Supply Be Appropriate for Future Demand?

    February 1, 2016

    The United States is in the midst of a diversity boom that could rival or even surpass that seen during the baby boom of the last half of the 20th century, demographer William Frey writes in his 2014 book Diversity Explosion. In a question and answer session, Frey discusses the implications of changing demographics on U.S. housing.

  • Developing along Philadelphia’s Schuylkill River Trail

    February 1, 2016

    The Schuylkill Banks project is part of a 26-mile (42 km) trail extending from Center City Philadelphia northwestward to Valley Forge. The full Schuylkill River Trail will ultimately extend about 130 miles (209 km) from the Appalachian Trail to the Delaware River.

  • HUD’s National Disaster Resilience Competition Highlights Connection between Urban Development and Community Resilience

    January 28, 2016

    The $1 billion in National Disaster Resilience Competition (NDRC) grants recently awarded by the U.S. Department of Housing and Urban Development (HUD) is a critical step in helping states and communities across the nation become more resilient to the impacts of climate change, according to ULI. In addition, the grant proposals and winning applications have highlighted the important connections between urban design and development and improving community resilience.

  • Will Airbnb Go the Way of Napster?

    January 25, 2016

    For many travelers today, the best way to see a new city is to find an apartment in a hip residential neighborhood using the short-term home rental company Airbnb. But Airbnb has come face to face with a serious threat: hostility from local governments.

  • Retail Jewel Box Houses Fast Food in Rotterdam

    January 25, 2016

    In Rotterdam, a fast-food tenant replaces an obstructive kiosk in a prominent location with a simple glass box that draws people—and sunlight—in.

  • Why Women Need a Sense of Humor When Crashing an All-Male Organization

    January 25, 2016

    In an excerpt from her retrospective on six decades of professional development and leadership, Nina J. Gruen recounts her experiences upon joining ULI in 1971 as one its first female members. Gruen and her husband, Claude, founded San Francisco market research firm Gruen Gruen + Associates (GG+A). She became the Institute’s first female trustee in 1982.

  • Philadelphia, South Florida among Emerging Logistics Hubs for the Next Decade

    January 25, 2016

    Over the next decade, 20 markets worldwide—including south Florida; Santiago, Chile; El Bajío, Mexico; and Philadelphia—are set to emerge as global logistics hubs, according to a new report from CBRE Group Inc.

  • Economic Issues, Consumerism, and E-commerce Dictate Retail Outlook for 2016

    January 25, 2016

    Stock market volatility is raising questions about the strength of U.S. commercial real estate markets. Retail availability stood at 8 percent in the third quarter of 2015, according to CBRE—100 basis points above the low reached in 2006. Market fundamentals have been strong, but will negative headwinds change the outlook for the retail sector this year? Plus, interest rate survey data from Trepp.

  • Which REIT Sectors Will Stand Out in 2016?

    January 19, 2016

    Investors have flocked to the real estate investment trust sector in recent years for its attractive returns in the current low-interest-rate environment. Equity REIT yields measured 3.85 percent at the end of 2015 while mortgage REIT dividend yields stood even higher, at 12.15 percent, according to the National Association of Real Estate Investment Trusts. Plus, interest rate survey data from Trepp.

  • World Heritage Designation Could Boost Philadelphia Hotels, Landmarks

    January 17, 2016

    Philadelphia has historically been known as “a city of firsts”—the first library, hospital, and post office in the United States were all founded there. So perhaps it is fitting that it has become the first World Heritage City in the United States, a designation that could be a boon for local tourism.

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