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.
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.
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.
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.
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.
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.
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.
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.
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.
This past October, an article in Business Insider described the lifestyle of a 23-year-old Google employee who decided to live inside the back of a delivery truck that he had purchased and parked at the company’s headquarters rather than pay an exorbitant rent to live in San Francisco. The lack of affordable housing in high-cost markets is, of course, nothing new. But what stories like this illustrate are examples of a new take on the housing problem that persists in cities around the world. Affordable housing is being discussed as much as a generation Y issue as it is an income issue.
The lack of affordable housing in high-cost markets is, of course, nothing new. But what these stories illustrate are examples of a new take on the housing problem that persists in cities around the world. Affordable housing is being discussed as much as a generation Y issue as it is an income issue.