Compact, well-connected urban development can create vibrant cities that are more competitive, inclusive, and resilient and that have lower carbon footprints.
Downtown office properties are no longer disposable, throw-away structures with just a 30-year life span. Today, adaptive use initiatives are revitalizing buildings, changing the purpose of the towers to meet current market demands and extending the buildings’ useful life by many decades. At the 2016 ULI Fall Meeting in Dallas last month, panelists demonstrated the case for redeveloping downtown properties.
At a panel on mixed-use strategy at ULI’s 2016 Fall Meeting in Dallas, participants described what might seem like three dissimilar projects. But, as the panelists discussed, each project offered a city a way to turn blighted areas into engines of revitalization and economic stimulus, and create profits for their owners and tenants as well.
Two case studies on how obsolete industrial buildings have been redeveloped for a new life in the new economy—the focus of this 2016 ULI Fall Meeting session—offered lessons about capitalizing on site location, the buildings’ qualities, and the developers’ visions for creating dynamic mixed-use places that are profitable as well as mission driven.
Dallas was an appropriate location for a 2016 ULI Fall Meeting discussion on energizing corporate campuses, with several large-scale headquarter developments underway in the region.
When it comes to the e-commerce explosion, it’s all about “the last mile,” and almost anything is imaginable. “The last mile can be executed on foot, bicycle, hand cart, unicycle, skateboard, jetpack, Uber, Lyft—the list goes on,” said Benjamin Conwell of Cushman & Wakefield, a former director of Amazon’s North American real estate operations, speaking at the 2016 ULI Fall Meeting.
From reconfiguring garages for adaptable uses to creating space for storing drones, experts in parking discuss new ways to design garages.
Resort developers are coming up with new ways to create allure in urban locations—where they can’t rely on beaches, golf, or skiing to attract fickle travelers.
When the latest Emerging Trends in Real Estate® report for the United States and Canada was unveiled at the 2016 ULI Fall Meeting in Dallas, the panel discussion quickly turned to how to convert the research into action. The report points to an industry in transition, one that is trying to find ways to maximize investments in a time of low interest rates and global uncertainty.
With no end in sight to the boom in urban and close-in suburban multifamily housing construction, developers are eager for ways to save money on ever-increasing land and construction costs. Experts speaking at the 2016 ULI Fall Meeting said that reducing parking requirements and increasing use wood-frame construction for buildings up to five stories could help keep costs in check.