Author: Patricia Kirk
Patricia Kirk is a freelance writer based in Dallas, Texas.
Articles by Patricia Kirk
- Checking In: Chicago’s Hotel Resurgence
Published on October 10, 2013 in Hotels
Chicago is experiencing a surge of hotel development—and seeing the repurposing of classic historic structures in the process.
- Next Step for Chicago’s Bloomingdale Trail: A Broader Identity
Published on August 02, 2013 in Public Spaces
What for a decade had been referred to either as the “Bloomingdale Trail” or simply “the Bloomingdale” will be referred to going forward as “the 606,” it was announced in June by the Trust for Public Land (TPL), a national nonprofit organization that conserves land for public open space. The number denotes the zip-code prefix shared by all Chicagoans and alludes to the trail’s origin as a rail line.
- Chicago’s Bloomingdale Trail Takes Rail-to-Trail Concept to Next Level
Published on June 19, 2013 in Infrastructure
Work will begin this summer to transform an abandoned 2.7-mile (4.4 km) stretch of elevated railway in Chicago into the Bloomingdale Trail, the city’s only pedestrian greenway and bike path running east to west, which ultimately will connect pedestrians and cyclists to trails that stretch all the way to the Indiana state line.
- Civita: San Diego’s New City within the City
Published on April 19, 2013 in Planning & Design
The Civita mixed-use development is a model for San Diego’s “City of Villages” planning strategy. But the development’s progressive ideas blazed new territory, and nearly a decade passed before the developer obtained approvals to begin construction.
- Tracking Capital in a Post-Recession Market
Published on October 24, 2012 in Capital Markets
In search of better returns, investors are finding their way back to real estate.
- Making Mixed-Income Housing Work
Published on June 19, 2012 in Residential
Over the past decade, mixed-income housing has been rising in popularity across the country, with progressive cities providing housing for lower-income residents alongside more affluent ones. "[Traditional] lenders have not yet bought into the concept," says private developer John Huskey, president of Los Angeles–based Meta Housing Inc., but he hopes traditional lenders will accept this concept, much as they did mixed-use development a decade ago. "We’re demonstrating that you can get market rents alongside affordable housing," he says.
- Restoring Value to Faded Hollywood Apartments
Published on March 14, 2012 in Planning & Design
Known as the Duke of Art Deco, Dave Goldstein has made a profitable business out of his hobby of restoring vintage apartment buildings. They now draw above-market rents, which is helping stabilize values in neighborhoods where film stars and future presidents once dwelled.
- Shoring Up Water Supply
Published on December 28, 2011 in Sustainability
Cities across the United States anticipate significant water challenges caused by climate change and are updating their water management plans to address areas of vulnerability and prepare for the worst.
- Hotel Recovery
Published on September 27, 2011 in Hotels
The U.S. hotel sector, now rebounding from the Great Recession, is on more solid footing thanks to a return to core real estate principles and conservative lending practices, creating the stability required to respond to changing customer values. Read about the trends in hotel development, possible changes driven by technology, and where the boutique hotels are leading the brand hospitality firms.
- Economics Give Power of Film New Meaning
Published on August 03, 2011 in Market Trends
Competition for high-paying jobs has the film industry playing an ever-larger role in economic development in places other than California and New York. Forty U.S. states and most Canadian provinces now offer some type of tax credit for in-state production. And local governments are sweetening the pot with offers of free money, land, public financing, and other incentives.
- Redefining Creative Space
Published on July 27, 2011 in Office
Digital technology revolutionized the way entertainment professionals work, bringing about a convergence of media, entertainment, and technology that allows creative companies to downsize their workspace and locate wherever they please. Read about districts that are attracting entertainment firms with their interesting, edgy architecture and attractive lifestyle amenities and services.
- Developers Give Gen Y What They Want
Published on June 01, 2011 in Residential
Most economists agree that home sales will remain in a slump for at least the next few years, but demand for apartments is accelerating. This trend is expected to continue over the next decade, due largely to the echo boom generation's (Echo Boomers) coming of age and entering the rental market.
- Sustainable Momentum Building Next-Generation Cities
Published on April 07, 2011 in Sustainability
Increasing concern about the impact of growth on climate change has prompted governments worldwide to implement policies and initiatives aimed at growing communities in climate-positive ways. Read how some local and state governments have taken on the heavy lifting involved in meeting this challenge.
- Doing It Nature’s Way
Published on February 09, 2011 in Sustainability
To shift sustainable development to a new level, design professionals are turning to biomimicry, a way to understand and apply a particular location’s “genius of place” to designing buildings and communities. Find out how architectural-engineering firm HOK and the Montana-based Biomimicry Guild are using bio-inspired design adaptations in two new communities in a deciduous forest in India.
- Zero-Energy Homes for the Masses
Published on February 03, 2011 in Sustainability
Growing consumer awareness of green building benefits is increasing demand for sustainable features—a trend that got a boost when California set zero-energy guidelines for new residential and commercial development of 2020 and 2030, respectively. Read how builders are offering new homes that produce as much energy as they use, at price points comparable to those for traditionally built homes.
- Silk Purse or Sow’s Ear: Navigating the Busted Deal Landscape
Published on November 04, 2010 in Market Trends
The real estate bust left the nation’s urban landscape littered with deteriorating, unfinished projects. After sitting untouched, some failed projects are finally getting a second chance as banks begin offering them to investors at steep discounts to clear their books and replenish capital reserves. Read about important considerations for undertaking these projects and about some of the success stories.