The Chicago-based nonprofit Center for Neighborhood Technology (CNT) and New York City–based TransitCenter unveiled an interactive transit tool in April that maps the access, quality, and use of transit across 371 cities in the United States, aggregating and mapping data from 805 transit agencies, 15,070 routes, and 543,787 bus and rail stops nationwide.
Real estate investment trusts pulled back in April amid mixed news on interest rates and first-quarter earnings. REIT merger and acquisition activity is on the upswing, and the first REIT initial public offering of the year also occurred, as MGM Growth Properties raised $1.05 billion. Plus, interest rate survey data from Trepp.
What are the best ways to transform older buildings to accommodate new uses? Experts in adaptive use discuss how they evaluate existing buildings, how to avoid common pitfalls, how to balance sustainability with preservation, and other trends.
Ten relics of the industrial past find new life as modern offices. The following ten projects—all completed during the past five years—include a shoe-polish factory refitted as a social justice center and a broadcasting studio turned into a coworking facility.
Jane Jacobs, best known as the author of Death and Life of American Cities, would have celebrated her 100th birthday this year. A new biography, Becoming Jane Jacobs, by Clemson University professor Peter Laurence purports that the most venerated figure in urban planning today is also among the most underappreciated and misunderstood, even by her staunchest supporters.
What millennials will do once they marry and have children, a restrictive lending environment, and flat income growth were among the topics discussed at the third annual Butcher Forum, an invitation-only gathering in April of the top executives who represent the multifamily housing industry in the United States.
AF Bornot Dye Works is a loft apartment and retail project in central Philadelphia that involved the adaptive use and restoration of three timber and concrete factory buildings. The capital stack assembled for this project was unusually complex, partly because of its unusual mix of uses, its location outside the Center City core, and the challenges posed by historic rehabilitation.
Philadelphia is proud of its food culture and has a great restaurant scene in Center City. But outside the center, the city of 1.6 million has a 26 percent poverty rate and a need for affordable healthy food.
Since Congress legalized crowdfunding for real estate projects in 2012, the internet-based financing source has grown dramatically, from $396.4 million in 2013 to $2.5 billion in 2015, according to the Los Angeles–based research and advisory firm Massolutions.
Everyone’s talking about “what’s next” in terms of emerging urban neighborhoods, where property values can surge very rapidly. But why do some districts emerge seemingly out of nowhere? How can developers and investors find the next one?