At least 5.5 million units of naturally occurring affordable rental housing exist in cities across the United States, according to newly released data from CoStar, a leading provider of data and analytics for the commercial real estate industry. In an age of dwindling public subsidies for affordable housing, the concept of preserving naturally occurring affordable housing (NOAH) is gaining currency.Read More
Combining the best of urban and suburban living, they will meet the needs of more demographic groups, according to a new ULI report, Demographic Strategies for Real Estate, prepared for ULI’s Terwilliger Center for Housing by John Burns Real Estate Consulting.Read More
Two ambitious park projects in Dallas tie neighborhoods together—and spurred a boom in nearby real estate values.Read More
A ULI Advisory Services panel will visit the city of Georgetown and Georgetown County to advise representatives on how best to transform a 150-acre (61 ha) site into a catalyst for economic development.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.
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.
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.