Given that urbanization is putting ever greater pressure on the finite resources of Europe’s capital cities, the need to create more affordable housing was a major part of the discussion with three public officials speaking at the recent ULI Europe Conference.Read More
The housing affordability gap in San Diego is among the highest in California, with the average household shelling out 35 percent of their income for housing, and one-quarter of the population spending half of their income on rent. Recently, ULI San Diego/Tijuana brought together multifamily housing experts with local government and community leaders to discuss creative ways to increase workforce-housing stock.Read More
Last month, Cushman & Wakefield reported that U.S. industrial markets absorbed 63.6 million square feet (5.9 million sq m) of space in the final quarter of 2016, which propelled net absorption for the year to a record-setting 282.9 million square feet (26.3 million sq m). According to the company, the U.S. industrial vacancy rate for all product types continued to decline in the fourth quarter, falling 30 basis points (bps) from the prior quarter and 100 bps from the prior year to 5.5 percent.Read More
Europe is a divided continent in many ways. While markets like Spain, Portugal, and Croatia are experiencing a surge in visitors, France, Belgium, and Turkey face a tourism crisis. Performance varies from country to country.Read More
Los Angeles is now the top city in Marcus & Millichap’s National Multifamily Index, moving up 11 spots from a year earlier. The move was fueled by a forecast for further tightening in vacancy and minimal supply growth. Robust job growth pushed Seattle-Tacoma seven spots higher to place second on the list.
Avalon is a mixed-use town center that, in its first phase, includes retail, restaurant, multifamily rental housing, single-family for-sale housing, and office uses surrounding a main street and a central plaza. A second phase will add a hotel and conference center as well as additional retail, multifamily rental housing, and office space. The 2.3 million-square-foot (213,676 meters) project is located in an affluent northern suburb of Atlanta.
Though the pace of China’s growth over recent decades meant innovation in land use often lagged the speed of development as a priority, this is changing due to a need for more sustainable and efficient development. Indeed, the country is undergoing a sea change in the way land is used, and for the better, according to experts speaking at a ULI China Mainland Event.
How are shopping centers adapting to the new retail landscape? Experts from ULI’s Commercial and Retail Development Councils discuss the future of shopping malls, changing consumer preferences, strategies for replacing vacant department store buildings, the challenges of adding nonretail uses to malls, competition from online retailers, and other trends.
An area adjacent to the North Branch of the Chicago River has been selected as the study site in the 15th annual ULI Hines Student Competition.
Ten innovative structural designs enhance the aesthetics and functionality of buildings and bridges.