Restarting the Stalled Condo Market in Cities Like Chicago

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.

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From left to right: Markus Moos of the University of Waterloo School of Planning and Pamela Blais of Metropole Consulting speaking at a recent ULI event. (Redflixx)

Debating the Impact of Ontario’s Land Use Policies on Toronto’s Home Affordability

Home prices in Canada’s largest city have risen dramatically in the years since 2008.

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In Print: Open for Business: Building the New Cuban Economy

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.

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An aerial view of Legacy West in Plano, Texas, highlighting some of the companies locating offices there. (Courtesy: Karahan Companies)

Dense, Walkable Urbanism Drawing Corporate Offices to Plano, Texas

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.

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Recent Articles

  • How to Best Use Zoning Policies to Spur Workforce Housing Development

    September 2, 2016

    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.

  • Eds and Meds, Plus Labs and Govs: Partnering to Bring Innovation

    August 29, 2016

    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.

  • From Principles to Practice: ULI Report Explores How to Build Effective Public/Private Partnerships

    August 26, 2016

    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.

  • Understanding the Scope of the Housing Shortage in the United States

    August 22, 2016

    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.

  • ULI Case Studies: Mercantile Place, Dallas, Texas

    August 16, 2016

    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.

  • Loosening the Restrictions on FHA Condo Finance

    August 15, 2016

    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.

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