The biggest challenge facing developers hoping to create high-density, livable communities is often the people in the existing neighborhood, said Peter Calthorpe, head of Calthorpe Associates, speaking at the ULI Fall Meeting.
The availability of financing for energy efficiency and renewable energy projects has come a long way over the past few years, but it also has a way to go to gain further acceptance, experts in the field said during a session at the 2015 ULI Fall Meeting in San Francisco.
Over the past decade, the increasing frequency and severity of extreme weather events has focused attention on resilience—the ability of cities to prepare for and bounce back from adverse events. “For cities the question becomes, what are the vulnerabilities?” said Eileen Marrinan, director of research for Grosvenor, speaking at a session at the 2015 ULI Fall Meeting. “How severe are they, what are the resources to grapple with them, and how can cities improve their resilience? “
With sea levels rising and catastrophic storms and flooding becoming more frequent and severe, waterfront cities need to reinvent themselves to protect land, buildings, infrastructure, and people. At the 2015 Fall Meeting in San Francisco, panelists discussed projects that tackle these challenges in ways that enhance public safety and also create value.
At the final session of ULI’s 2015 Fall Meeting in San Francisco, veteran futurist Paul Saffo advised architects and developers to prepare for technological change by remaining as flexible as they can. Saffo, a consulting associate professor at Stanford University and chairman of the futures track at Silicon Valley’s Singularity University, cautioned against betting too heavily on assumptions about what technology will predominate in the near future, and when it will take hold.
In a question-and-answer session at ULI’s 2015 Fall Meeting in San Francisco, John G. Stumpf, chairman, president, and CEO of Wells Fargo & Company, and Prologis chairman and CEO Hamid R. Moghadam both indicated that China’s recent economic deceleration is not as big of a worry as it might seem to jittery Wall Street investors.
Most industries are embracing technology, which is getting better, faster, and more affordable and is profoundly affecting all types of real estate. In the real estate industry itself, one way that technology is being used is to more fully utilize properties, which in turn can enhance property values. Plus, interest rate survey results from Trepp.
Could a 220-square-foot (20 sq m) apartment be a housing solution for low- and middle-income residents in high-cost cities? What about modular housing on city-owned land? Or single-family homes reengineered to house more people? These were some of the possibilities discussed by a panel of experts at the ULI Fall Meeting in San Francisco last week.
In a competitive global market, resort designers are racing to define the “new luxury.” The modern concept of luxury is “really about elegance and simplicity,” said Richard Centolella, a principal in design firm EDSA, during a panel discussion at the ULI Fall Meeting.
For historic redevelopment to succeed, developers need to rethink their basic approach to projects, three leading experts said during a panel session at the ULI Fall Meeting in San Francisco.