Amanda Abrams

Amanda Abrams is a freelance business writer who has relocated to North Carolina, her home state, from Washington, D.C. Her work has appeared in Bloomberg’s CityLab, the Washington Post, the Daily Beast, and the Christian Science Monitor.

At the 2023 ULI Carolinas Meeting in February, six developers working on complex projects in North and South Carolina talked about their work and plans for the future. In varied ways, they’re all taking advantage of current environments: they’re tuning into the natural world, connecting with existing popular amenities, or highlighting the region’s rich history.
Development experts gathered to discuss the growth in popularity of mass timber at the 2023 ULI Carolinas Meeting in February.
City planners across North Carolina’s rural, suburban, and urban environments assert that a vibrant walkable downtown is their goal. They’re aiming to put that value into practice using a broad range of transportation options with help from the funding in the 2022 Bipartisan Infrastructure Law.
Occupancy rates for life-sciences buildings remain around 98 percent in the top markets, and North Carolina’s Research Triangle continues to attract startups and development.
In 2017, the New York–based Northwood Investors spent $1.2 billion to purchase Ballantyne Corporate Park, a highly successful office property in Charlotte—the single-largest real estate transaction in North Carolina’s history at the time.
At ULI South Carolina’s Capital Markets Conference, panelists outlined strategies that are leveraging the strengths of the private sector to create and preserve affordable housing in areas experiencing rapid growth.
In 2018, Los Angeles-based real estate firm LOWE, sold its hotel operating subsidiary to Hyatt Hotels for $480 million. That kind of exit was not part of some original projection, said Robert “Bob” S. Lowe Sr., the company’s founder and a ULI Foundation Governor, speaking at a ULI event in South Carolinain mid-November.
As cities across the U.S. Southeast are attracting investment, the resulting growth can bring with it a downside, with only a limited number of perspectives being heard and represented in the planning. Panelists speaking at ULI’s 2019 Carolinas Meeting in February discussed how to solicit genuine participation from the full range of groups affected by development.
While many real estate investors and lenders seem to be holding their breath in anticipation of the next recession, there are nonetheless some promising new opportunities on the horizon. That was the collective opinion of four lenders who served as panelists at the recent 2019 ULI Carolinas Meeting in Raleigh.
Attendees at the ULI Carolinas Meeting heard about six projects that highlight the patience, hard work, and serendipity needed for a complex project to come to fruition.
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