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.
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.
The sight and sound of giant incinerators burning tons of trash in the heart of Nashville’s urban core have been replaced by musical performances and picnicking families, tourists snapping photos, and occupants of surrounding offices, apartments, and condominiums experiencing the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.
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.
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.
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.
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.