While a number of mayors and even one governor have endorsed the goal of providing parks or other open spaces within a ten-minute walk of residents, adding enough parks to serve all 249 million people living in U.S. cities, suburbs, and urbanized areas—83 percent of the population—will be a challenge.
The latest ULI Real Estate Consensus Forecast calls for relatively smooth sailing ahead as it relates to both continued economic growth and a favorable outlook for commercial real estate investment. But the forecast, which includes survey responses from 48 economists and analysts at 36 leading real estate organizations, is not as bullish as it was six months ago, and there are headwinds looming that are expected to temper growth heading into 2017.
In the first two weeks after Lakeside Senior Apartments in Oakland opened its application process for residency last year, more than 2,400 applications poured in. Constructed to house very-low-income and formerly homeless seniors, the building had just 91 units to offer.
Federal funds, combined with nonprofit support and a bank loan, allowed restoration of a badly deteriorated San Francisco landmark.
Over the past year, global real estate firms have reduced energy consumption in buildings by the equivalent of almost 280,000 barrels of oil and cut carbon emissions by the equivalent of removing 25,000 cars from the road, according to a new report, Greenprint Performance Report: Volume 6, released by the ULI Greenprint Center for Building Performance.
The latest issue of Urban Land is now available for download via the app. If you have not downloaded it before, you can do so now at no charge. The cover package for this issue is titled “San Francisco” and focuses on the host city of this year’s ULI Fall Meeting.
This is an excerpt from the book, Start-Up City: Inspiring Private and Public Entrepreneurship, Getting Projects Done, and Having Fun by Gabe Klein. Klein begins the chapter with a discussion of Zipcar as an example of a successful partnership with government and ends with a discussion of D.C.’s Capital Bikeshare system as a successful partnership, led by the government, with the private sector.
With the United Nations General Assembly, Pope Francis, and President Obama converging on New York City, booking a hotel room there has become next to impossible. Room prices have spiked—at least temporarily—throughout much of the city. Yet, it is at odds with a real estate investment trust (REIT) sector where total returns are down 16.41 percent year-to-date in 2015. Plus, interest rate survey results from Trepp.
The latest survey results of the semiannual ULI Real Estate Consensus Forecast, prepared by the ULI Center for Capital Markets and Real Estate, pick up on slowing global growth and volatility and are generally less bullish than six months ago. The full forecast will be released on September 30 as part of a members’ only webinar.
The Boys & Girls Clubs of San Francisco, a nonprofit organization that offers young people afterschool programs, wanted to replace its outdated 1950s-era clubhouse in the Haight district with a new one closer to the populations it serves. A parcel in the city’s Hayes Valley neighborhood, on Fulton Street, had been freed up after the Central Freeway was torn down. The city sold it to the BGCSF with the agreement that a portion of it would be used for housing.