At a recent ULI Chicago event, speakers addressed the disruptive technologies that are having an impact on today’s lifestyles and shaping our vision of the future city. What is a reasonable projection of the near future in real estate, and which investments will enable the industry to profit and cities to prosper? Panelists asked whether current trends are pointing us toward a leisure city, a green city, a dystopia, or something in between.Read More
The Peterson Companies’ new National Harbor complex development attracts 10 million people each year, but it is likely that few will notice all the measures Peterson has put in place for their protection, which are both well concealed and elaborate.Read More
The latest issue of the magazine is now available for download through the Urban Land app. The cover package for this issue is titled “Safe and Welcoming: The challenge facing developers of public places.”Read More
In the six years since Philadelphia began to slowly reverse decades of population loss, the city has seen its share of real estate development controversies. Most of these—involving questions of gentrification, tax abatements, and density—would be familiar in any number of U.S. cities that have undergone a resurgence in the past few years. But lately, discussions about the preservation and demolition of the city’s thousands of historic properties have been particularly pitched.Read More
The U.S. property market landscape in 2017 will be characterized by continued strong fundamentals, increased investment flows, and high transaction volume, while the broader U.S. economy should continue to grow moderately and add jobs.
A new report from ULI Europe and JLL finds that food and beverage (F&B) and leisure offerings are essential to the success and future competitiveness of shopping centers. The report finds that retail sales in a sample of shopping centers analyzed for the study increased by 6.2 percent in the previous 12 months with the addition of leisure and F&B, with retail sales per square meter growing by 1.2 percent over the same period.
They face common challenges managing technology, attracting talent—and making the transition to a new generation of leadership.
According to a report by JLL, U.S. construction spending reached $317 billion in the third quarter, a one percent growth increase year-over-year, compared to 7-10 percent increases for the same quarter in previous years. “The construction industry is cyclical and a national slowdown is to be expected,” said Todd Burns, JLL president, project and development services.
ULI will hold its 2017 Spring Meeting May 2–4 at the Washington State Convention Center in Seattle. A major focus for the 2017 gathering will be innovative development resulting from the influence of the technology industry, which is transforming cities across the United States. The Seattle urban region, which is the headquarters for Microsoft, Amazon, and a host of other major technology-related companies, is a prime example of this urban evolution.
Former Indianapolis Mayor William H. Hudnut III, who served as a ULI senior resident fellow and the ULI/Joseph C. Canizaro Chair for Public Policy from 1996 to 2009, passed away on December 18 after a lengthy illness. He was 84.