Michael Mehaffy

Strategic consultant, planner, urban and building designer, architectural theorist, researcher, educator, author and public speaker on leading advances in urban development. Project manager and/or owner representative for industry-leading projects, with an international practice based in Portland, OR. Ph.D. in architecture at Delft University of Technology.

In the current environment of budget cuts, how does infrastructure for projects get financed? Four national experts at a panel discussion on public/private partnerships at the ULI Spring Council Forum said that public financing is not dead, but that it’s critical to demonstrate value for money. Read their suggestions about how projects can still pencil out with cities so financially strapped.
In the wake of the financial crisis, there has been some recent discussion of the role of real estate financial markets in contributing to the crisis. Jeremy Newsum, ULI chairman, has some pointed criticisms of closed-end funds. Simon Treacy, Group CEO of MPGA, and a ULI member, offers his views on the topic of closed-end funds and their role in providing investors access to otherwise inaccessible markets.
As chronic weakness continues in U.S. greenfield development markets, inner-city regeneration remains a relative bright spot—and indications are that it is getting brighter. Adaptive use projects are getting particular attention, thanks in part to increasing government incentives. Read what industry changes are thought capable of altering the development environment permanently.
At ULI’s recent 2011 Fall Meeting, a panel of experts reported notable differences in the Japanese economy and way of life after the devastating earthquake and tsunami, including an increase in time spent at home, decreases in urban retail and restaurant activities, lower demand for oceanfront and high-rise properties, and greater emphasis on energy conservation and disaster resilience. Read more.
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