Peter S. Rummell is chairman of ULI.
A nagging worry of mine is that ULI—and the industry itself—may be at risk of losing young professionals who don’t see real estate as being as appealing or as interesting as other professions. It’s ironic, because there probably has never been a more interesting time to be in real estate.
In 1936, no organization existed in the United States to research, analyze, or encourage responsible patterns for long-term urban growth. As ULI begins its next 75 years, the real estate and land use industry has reached a pivotal point with both formidable challenges and promising opportunities. ULI is and will be at the forefront of this change.