In the 1970s, Ron Basford, a Canadian Cabinet minister and loyal Vancouverite seized on the idea of converting Granville Island into a special place.Read More
Three years into the recovery of the destination resort sector, the wayside remains littered with casualties from the previous boom-and-bust cycle. The primary culprit: crushing debt.
The 21st-century challenge facing Hilton Head, a resort town steeped in 20th-century tradition: how to reach beyond the affluent retirees drawn to its famed golf resorts to a broader market that includes baby boomers and members of generations X and Y who enjoy its pristine beaches, but who have many other recreational and cultural interests as well.
With an inclination for hiring the young and entrusting them with much responsibility, Charles Fraser employed many budding real estate professionals who eventually became accomplished leaders in both the industry and ULI, including four who became ULI chairmen.
In July of 2012, the community of Mammoth Lakes in California filed for Chapter 9 bankruptcy. The third most-visited ski area in the United States, the community is fighting its way back from the brink.
Far from the gloomy tone of last year’s discussion on the same topic, lifestyle resort developers at ULI’s 2013 Spring Meeting in San Diego were saying: “Viva Mexico!” and touting the success of developments from Virginia to Montana to Hawaii.
Risk, other than literally, is not a four-letter word when investing in Asia real estate. Risk is a fact-of-life that needs to be constantly assessed on the ground, a trio of experts said at a session on Asia real estate capital markets.
Resort developers and operators took a hit during the recession, but are making a cautious comeback, according to a panel at ULI’s Fall Meeting.
How do you guide the resort and real estate businesses through an erratic economy—and the fickle whims of Mother Nature?
Natural assets, combined with inventive design, help transform a global gateway.