State and municipal governments are taking steps to ensure the safety of their coastal communities by implementing more stringent design and building standards for new construction and redevelopments. They also are beginning to replace old infrastructure.
Coastal cities and regions should view private development of waterfront areas as a tool to combat the effects of climate change while also creating jobs, providing much-needed housing, and spurring economic growth, said the chief executive officer of the Bay Area Council, a business advocacy group in the San Francisco Bay area.
As cities develop resilience strategies in anticipation of more frequent and severe weather events triggered by climate change, understanding what success looks like across a broad spectrum of indicators will be critical to their efforts, said panelists at a ULI conference.
The Trepp survey for the week ending September 12 showed average spreads coming in about 5 basis points. The implied rate for ten-year, modestly leveraged commercial real estate mortgages was 4.0 percent, 64 basis points lower than year-end 2013. It remains a great time to be a borrower.
On China’s southern coast, the integration of the Greater Pearl River Delta links nine cities, plus the special administrative zones of Hong Kong and Macau, to create an urban area of 21,100 square miles (55,000 sq km) and a population of up to 80 million.
A new competition for U.S. federal disaster relief funds will reward forward-thinking proposals that build resilience within communities, rather than those that rebuild in the same places using outdated methods, said HUD’s Harriet Tregoning, speaking at a ULI event.
For the first and second U.S. cities to start building networks of modern protected bike lanes, the payoff seems to have arrived. In both Washington, D.C., and New York City, the rate of bike commuting has doubled since 2009, according to U.S. Census Bureau figures released Thursday.
In the panel titled “The Human and Social Dimensions of Resilience,” Jonathan Rose, president of the Jonathan Rose Companies, led a discussion with prominent writer and environmentalist Paul Hawken and renowned landscape architect Peter Calthorpe of Calthorpe Associates.
As technology progresses and business models are refined, entrepreneurs around the world are exploring different ways to grow food in urban areas.
Whereas China’s pollution problems are well publicized, less noticed has been how seriously the Chinese government is pursuing solutions.