Development and redevelopment of urban neighborhoods requires a public/private partnership in which the city—led by a supportive mayor and city—can leverage significant revitalization beyond the initial investments.
At a panel at ULI Fall Meeting in Chicago, panelists and audience participatns were asked what innovations Apple Computer’s founder and CEO would have undertaken had he been a residential developer.
Many school districts in the U.S. are reporting low test scores, and for real estate developers creating new communities in those jurisdictions, one answer is to look at alternative educational programs and charter schools.
Tear down and rebuild or renovate and reposition? That was the question posed at a ULI Fall Meeting panel moderated by Richard T. Anderson, president of the New York Building Congress.
Prior to beginning his career in politics, Jeb Bush worked in commercial real estate in south Florida. Immigration and education are two areas he sees needing reform.
Just as rapidly urbanizing U.S. neighborhoods grapple with the challenges of auto-oriented land use patterns from the past, millennials and entrepreneurs have come up with a solution: the sharing economy.
Retail developers are finding that urban sites are among the best new and ongoing development opportunities given the demographic shifts to cities, said panelists of the ULI Fall Meeting in Chicago, and transit-oriented development is a top prospect for retail and retail-housing mixed use.
Who would have thought that the revitalization of Detroit would include high-end watch manufacturing and the revival of a century-old shoe polish brand?
Notwithstanding recent talk of an inflection point or a pause in transaction activity, sales of commercial property continued to increase quarter over quarter, reaching almost $90 billion for the third quarter of 2013. According to Real Capital Analytics, 2013 sales “will easily” exceed 2012’s $300 billion.
Located on a 3.18-acre (1.3 ha) one-block site in the Hyde Park neighborhood on Chicago’s South Side, Harper Court is a mixed-use project initiated by the city of Chicago and the University of Chicago.