Demographics exert a great influence on real estate, and a panel of experts at ULI’s Fall Meeting examined major population trends—and some myths about them, such as the notions that members of the millennial generation are not interested in owning their own homes and people are losing interest in suburban life.
“It’s time to make a shift and recalibrate our choices to make the healthy choice the easy choice, and to make health the choice for a better America,” declared Risa Lavizzo-Mourey, president and CEO of the Robert Wood Johnson Foundation, the nation’s largest foundation devoted to health, at the Changing World Speaker Series: Sustainability, Resilience, and Health during the 2015 ULI Fall Meeting in San Francisco.
The San Francisco Bay area is envied worldwide not only for its spectacular scenery and diversity, but also for its low unemployment rate. In the wake of spectacular economic growth, however, the region has developed a number of problems that threaten future success, including a housing supply/affordability crisis and an overburdened, underfunded transportation system.
During a panel discussion at the ULI Fall Meeting, three of the real estate industry’s leading economic experts explained their reasons for optimism while adding notes of caution, while also drawing on survey data from the latest ULI Real Estate Consensus Forecast.
Women in the real estate and land use industries have strong ambitions to lead companies and are willing to make multiple moves or start their own companies in order to advance their careers, according to a panel discussion of a report developed by the ULI Women’s Leadership Initiative (WLI); the discussion took place at the 2015 ULI Fall Meeting in San Francisco.
From rooftop gardens, to edible landscaping, to farm-focused developments, to urban food markets, to breweries in once-derelict industrial spaces, attendees at the ULI Fall Meeting heard experts talk about how food is transforming marginal real estate and underused spaces in new and dramatic ways.
The Transbay Transit Center—a new multimodal transit hub that includes a retail center and a 5.4-acre (2.2 ha) rooftop park—is under construction south of Market Street, San Francisco’s main commercial strip, which acts as a gateway to the city’s famous and well-developed Financial District to the north.
Boasting an enviable quality of life, strong in-migration, and a vibrant economy powered by technology, aerospace, and other industries, the Pacific Northwest remains one of the America’s real estate sweet spots.
Densification is the key to responding to population growth, economic changes, new lifestyle preferences, and the sustainability imperative in European cities, according to a new report by ULI and TH Real Estate. The Density Dividend: Solutions for Growing and Shrinking Cities draws from the experience of six European cities at various stages of population change and makes clear that many cities have little choice but to densify.
The benefits of globalism have been dramatic and widespread, and gains in artificial intelligence and other technologies will arrive at an exponential pace, say two noted futurists speaking at the ULI Fall Meeting.