In the Sydney suburb of Marrickville, two not-for-profit organizations—Fresh Hope Communities, the public benevolent institution entity of churches of Christ in NSW and ACT, and Nightingale Housing of Brunswick, Victoria—came together to develop a building that contains 54 units renting at 80 percent of market rates as well as two community-focused commercial spaces. The Churches of Christ Property Trust has provided a 99 year lease for the land, which allows the units to remain affordable far beyond a more typical 10-year period.

In the heart of London’s Covent Garden neighborhood, a complex of five Victorian-era structures—previously housing a seed merchant company, a brass and iron foundry, and a Nonconformist chapel, among other uses—have been restored and adapted into a single, cohesive office building with ground-floor retail and dining space. The three-year restoration preserved the property’s industrial heritage and provides flexibility to meet the needs of today’s workforce.

Shenzhen’s Nantou Ancient City project represents a groundbreaking approach to revitalizing China’s historic urban villages in a way that preserves their cultural heritage and community fabric. After China’s government designated Shenzhen as a Special Economic Zone in 1980, the city’s more than 400 urban villages grew rapidly to provide informal housing for an influx of migrant workers. The result: high-density residential areas that maximized rental income but often compromised on fire safety and hygiene standards.

In the Belgian municipality of Edegem, just a 20-minute bike ride from Antwerp’s city center, a brownfield site that once stored camera film has become a biodiverse, sustainable mixed-use residential and commercial neighborhood.

For two hundred years, the Warsaw Citadel at the heart of Poland’s capital was a restricted military and administrative area, cut off from public access. With the recent opening of the Polish History Museum, as well as the new Polish Army Museum, the 19th-century fortress’ 74-acre (30 ha) grounds now serve as a multifunctional cultural and educational facility and park that preserves and showcases the country’s heritage.

The transformation of Indianapolis’s historic Coca-Cola bottling plant into the Bottleworks District represents one of Indiana’s most ambitious adaptive use projects.

With insights and research from a ULI Technical Advisory Panel and ULI’s Terwilliger Center, the Austin Housing Conservancy fund, a revolutionary approach to preserving workforce housing, was born. Now known as the Texas Housing Conservancy, the fund became the nation’s first to combine a nonprofit investment manager, Affordable Central Texas, with an open-end private equity fund.

Architecture is a profession steeped in tradition, built on a romantic story of young talent learning at the drafting tables of those who have mastered their craft. This generations-old tale carries on, but how practical or healthy is it for us to hold on to this story today?

Climate considerations have increasingly become a critical focus for real estate owners, operators, and investors over the past few decades, particularly as the frequency of billion-dollar weather and climate disasters has surged. Beyond the headline-grabbing events, more frequent temperature extremes and less stable energy costs have real financial implications for owners and residents. Key changes in our operating environment include:

In late September 2019, 7,300 commuter students were settling into their routines at the University of Southern Maine (USM) in Portland, where the academic year had just begun. Then, at the end of the month, a fire main broke beneath the repurposed industrial building serving as the student center, flooding it with six inches of mud. City officials declared the building uninhabitable, leaving the school without a student center.

As California pushes toward a clean energy future, the city of San José has emerged as a leader in building electrification, offering valuable lessons for other cities nationwide. With residential buildings representing the largest source of natural gas use in the city, San José’s initiatives aim to reshape how these buildings are powered while prioritizing community needs, equity, and affordable housing. In 2022, ULI partnered with San Jose on an Advisory Services Panel (ASP) to inform this policy direction for multifamily buildings of all types. The aim of the ASP was to support the city in enabling property owners to step up their electrification retrofit efforts, encourage the adoption of on-site solar and batteries, and move the market forward.

Increasingly, such disasters as storms, wildfires, pandemics, and flooding are spurring cities across the United States to prioritize resiliency. Coastal communities throughout Florida know the urgency firsthand. From the Gulf of Mexico to the Atlantic Ocean, many Florida communities were isolated in 2024 when hurricanes and other weather-related events closed roads and cut off power. Our most vulnerable populations took an especially hard hit. Planners, academics, and community members are rethinking how to elevate their response and help communities become more resilient. Could one answer be on four wheels and a chassis?

Hurricanes damage and disrupt communities, properties, and economies in various ways, whether direct, indirect, or both. Translating these impacts into credit risk and other financial implications can be complex. However, a range of tools and analyses enables lenders, investors, and developers to pre-emptively anticipate hurricane damage when a storm approaches, as well as to adjust long-term strategy to mitigate risks and seize opportunities over time.

Launched in 2022 with the release of its foundational report, Homeless to Housed: The ULI Perspective, ULI’s Homeless to Housed (H2H) initiative aims to address the U.S. housing and homelessness crises through real estate–driven solutions that emphasize a new degree of affordability and necessary connections to supportive services. The early work reflected in the report brought to light the real estate development community’s ability to deploy expertise and resources in addressing homelessness in the communities where ULI members live and work.

The Melville Charitable Trust awarded $75,000 to the ULI Foundation to support the development of 10 Principles for Addressing Homelessness: A Guide for Real Estate & Finance. Awarded in October 2024, the one-year grant is the trust’s first donation to the Urban Land Institute (ULI). It will let ULI’s Homeless to Housed (H2H) initiative create a comprehensive guide intended to connect real estate leaders with not-for-profit housing and service providers and collectively identify ways of catalyzing the production and preservation of more deeply affordable housing that is both cost-effective and rapidly deployable.

Estimates suggest that, on any given night, almost 800 individuals are unsheltered, and more than 3,700 are living in emergency or transitional housing in Philadelphia. Homelessness can often be connected to difficulties in finding affordable housing.

In Lafayette, Louisiana, homelessness and the lack of affordable housing are creating strain, prompting NIMBYism among community members and leaving civic leaders uncertain of a clear path forward. Understanding this challenge and the tension it can create throughout a city, ULI members gathered community members and leaders to dig into the difficult challenge of housing the city’s unhoused and most vulnerable residents. Supported by the ULI Homeless to Housed (H2H) grant initiative, Catholic Charities of Acadiana in Lafayette and ULI Louisiana gathered more than 300 residents for a series of community workshops to better understand the challenge and to outline pathways toward more deeply affordable housing and services for people most in need.

“ULI members in San Antonio understand the precariousness of their city’s housing crisis,” says Javier Paredes, principal at StudioMassivo and ULI San Antonio member leader. “They [also] recognize the power of aligning housing with transit to create greater housing stability.” In response to San Antonio’s housing crisis, ULI San Antonio members and staff applied to participate in a local technical assistance grant program from ULI’s Homeless to Housed (H2H) initiative.

Roughly 10,000 people live on the streets or in temporary shelters in San José, California. This estimate, based on 2023 point-in-time calculations, sparked ULI members in the San Francisco Bay area to leverage ULI’s Homeless to Housed (H2H) grant initiative to help uncover potential housing solutions for their bayside neighbor.

In 2023, the point-in-time data for the San Diego region had more than 10,000 individuals living unsheltered, in emergency shelters, or in transitional housing. Although potentially developable land may be available for additional housing units, finding the right parcel for the right development takes time. A mapping tool that expedites the site selection process for affordable housing development could help.