At this stage of the latest condo construction cycle, projects are much smaller, typically featuring fewer than 100 units. Yet the size of the individual units, along with their price tags, has swelled in 2015 and 2016. And that is unlikely to change anytime soon, according to a ULI Chicago panel discussion held September 22 at the Union League Club of Chicago.Read More
Home prices in Canada’s largest city have risen dramatically in the years since 2008.Read More
Many observers are wondering how Cuba and its economy will react to the opening of relations with the United States, and Richard E. Feinberg, a senior fellow in the Latin America initiative at the Brookings Institution, explores the question in his book Open for Business: Building the New Cuban Economy.Read More
One of the largest eat/work/play/live developments in Texas, the $3 billion Legacy West project is attracting companies like Toyota, FedEx, JPMorgan Chase, and Liberty Mutual by focusing on the interests of generation X and millennial employees.Read More
The potential and limitations associated with inclusionary zoning, a tool used by a growing number of U.S. cities to encourage or require workforce housing development, are explored in a new ULI report, The Economics of Inclusionary Development.
At the heart of the transformation of Albuquerque, New Mexico, is an innovation district named Innovate ABQ, the result of a public/private partnership spearheaded by the city, the University of New Mexico, and the broader business community.
The challenges and opportunities associated with creating effective public/private partnerships in the current economic environment are explored in Successful Public/Private Partnerships: From Principles to Practice, a new ULI publication.
Newly released data and analysis from several sources illustrate a major obstacle to a fully healthy housing market in the United States: the nation is not building nearly enough new residential units.
Mercantile Place is a rental apartment community in downtown Dallas consisting of four separate and diverse buildings with a total of 704 apartments. Two of the apartment buildings were converted from office buildings, one of which was historic; the third is a renovated historic apartment building previously converted from office space; and the fourth is a new 15-story apartment building. Though the buildings are located on three separate blocks, they share amenities and parking, and the four buildings have been positioned and marketed together as one residential community.
Congress has thrown its support behind new legislation that aims to fix some of the problems in the condo financing program of the Federal Housing Administration (FHA). The Housing Opportunity through Modernization Act (H.R. 3700) will loosen some of the more stringent regulatory requirements specific to condo mortgage insurance that were introduced in the wake of the housing finance crisis.