Urban Land Archives

McCoy, a pioneering investment banker and widely respected real estate counselor, died on January 25, 2026, at age 88.

Engaging artists in real estate development can be tricky, however. Artists and developers often speak different “languages,” but both must be understood and respected, and any gap between them must be bridged. With support from former ULI Global Governing Trustee Michael Spies, ULI’s Art in Place project identified the following best practices for effective artist/developer collaboration by drawing on focus groups, interviews, and other sources.

Juanita Hardy’s role as a champion of art and culture traces back three decades to her days as an IBM executive. Four years ago, she was recognized as an art advocate and collector by The Phillips Collection in Washington, D.C. Her business acumen and penchant for real estate development led her to the Urban Land Institute a decade ago. As vice chair of its Placemaking Council, she advocates for best practices that aid in creating inclusive, sustainable communities.

Now a partner at Lexicon Strategies, Benjamin has spent over two decades at the intersection of land-use policy, infrastructure, large-scale redevelopment, and affordable housing. Her leadership experience includes serving as CEO of Atlanta Habitat for Humanity, chairing ULI Atlanta, and working within the mayor’s office.

Whereas new construction offers a blank canvas for future-proof design, the vast majority of our parking inventory consists of existing facilities. Retrofitting these structures for the future presents unique challenges, yet they are far from insurmountable. The key lies in a strategic, phased approach that shrewdly prioritizes the most impactful upgrades, thus ensuring relevance without reinvention.

Durkin joins ULI from BlackRock senior leadership, where he held the position of global head of real estate research and strategy. His appointment as CEO Europe marks a continuation of the Institute’s mission and momentum, reinforcing its focus on member value, decision-making relevance, and long-term impact across the built environment at a time of significant change for the industry in Europe and globally.

ULI Europe publishes new guide on asset-level collaboration to accelerate decarbonization of occupied buildings

How Urban Land chronicled real estate’s boom-and-bust cycles from the 1970s through the 1980s—tracking inflation, energy shocks, technology shifts, and overbuilding as they reshaped cities and markets.

Urban Land magazine began in July 1941, as a typewritten “news bulletin” to ULI members “that will come to you from time to time to keep you informed of items which, we believe, will be of interest to you in connection with the Urban Land Institute program.”

During a Women’s Leadership Initiative program hosted by ULI Washington, artists, developers, and cultural leaders made the case that art embedded early—and paid for fairly—is essential to community identity, economic value, and long-term resilience

Nine federal properties across the Southeast are under review as policymakers weigh consolidation, disposal, and adaptive reuse strategies to reduce costs and return underused buildings to local communities.

Newly constructed libraries serve as “third spaces” and offer connectivity and multimedia in addition to community resources.

As demand has surged, regulators target traditional facilities, with new models emerging to make storage nearly invisible

In November 2024, ULI’s Advisory Services program partnered with the National Association for the Advancement of Colored People Buffalo Branch, the Buffalo Urban League, and local civic leaders to support the revitalization of Buffalo’s historic Jefferson Avenue Corridor.

In the Belgian municipality of Edegem, a 20-minute bike ride from Antwerp’s city center, a camera film roll packing plant has become Minerve, a biodiverse, sustainable mixed-use residential and commercial neighborhood.

Home to 7.5 million people and constrained by surrounding mountains and sea, Hong Kong has evolved into one of the world’s most vertically and densely developed cities. These pressures have driven innovative approaches to transit-oriented development, public housing, and open space. The city served as an ideal setting for Cohort 8’s closing forum by offering both inspiration and critical lessons for cities grappling with similar challenges.

In 2022, Philadelphia-based development firm Post Brothers bought two office buildings on Connecticut Avenue in Washington, D.C., with plans to convert them into approximately 530 residential units. Despite the site’s proximity to Dupont Circle and a coveted residential area, assembling a viable capital stack proved more challenging than anticipated. Ultimately, a $465 million Commercial Property Assessed Clean Energy loan from Nuveen Green Capital in December of 2025—billed as the largest ever originated under the program—made the conversion possible.

ULI spoke with Craig Lewis, placemaking practice group manager at Arcadis, about how prioritizing cognitive engagement in urban design can help create healthier, happier cities that promote connection and community.

For almost 200 years, the Warsaw Citadel in 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’s 74-acre (30 ha) grounds now serve as a multifunctional facility and park that both preserves and showcases the country’s rich cultural heritage.

It’s not as if the old two-story building at the corner of 12th and Remington Court, in Seattle’s First Hill neighborhood, was ever particularly remarkable. Even in its original incarnation, it was a straightforward, utilitarian, mixed-use structure—competently built but not especially well-proportioned or ornately detailed.

ULI Advisory Services Panels bring together leading experts to help communities navigate their most pressing land use and development challenges. What happens after the recommendations are delivered, though? One year on, we checked back with this community in Fort Worth, Texas, to see how panel insights have turned into action and how ULI’s work is helping to shape meaningful, lasting progress.

National Harbor, Maryland, would become the second U.S. location and the first to utilize a smaller-scale venue design model; the project would receive approximately $200 million in state, local, and private incentives.

Developers have been confronting several challenges in terms of supply, demand, and costs that are making it more difficult to break ground on new projects. Yet the total dollar value of overall construction starts is expected to grow 4 percent, to $1.26 trillion, in 2026, according to Dodge Construction Network. Industry experts share their view on where things will shake out as new projects gear up for 2026.

Established in 1914, the Cleveland Foundation is a community-oriented, philanthropic organization dedicated to investing in worthy individuals and nonprofit organizations in greater Cleveland, Ohio. With the lease running out on its existing headquarters in the city’s Playhouse Square district, the foundation decided to build its own headquarters, but in an intentional way that would spur economic development in one of the city’s neglected pockets.

Five new case studies that meet the criteria have been selected as the Terwilliger Center’s 2025 award winners: Market Street Village in San Diego, Sendero Verde in New York City, The Aster in Salt Lake City, The Kelsey Ayer Station in San José, and The Wilder in Nashville. Each of them offers an important, in-depth look at the financing structures, development strategies, community partnerships, and public policies that make such ambitious projects viable.

The Washington Commanders and HKS have unveiled the first conceptual renderings of the team’s new, world-class stadium. The roofed stadium will be a dynamic, year-round destination for sports, entertainment, and community engagement, integrating sustainable design practices and reimagining the fan experience through immersive spaces.

Urban Land sat down with ULI Visionary Jonathan Rose during the Institute’s Fall Meeting in San Francisco to learn more about his four-decade ULI membership and the work that lies ahead.

The Mountain West stands in a pivotal moment. Rapid population increase, worsening drought cycles, and pressure on municipal resources are forcing communities to rethink how and where new growth should occur. Few regions face this tension more clearly than Utah’s Salt Lake Valley, where foothill development, limited water supplies, a shrinking Great Salt Lake, and outdated zoning models often collide. But what if development could work with the land instead of against it?

Australia’s population is projected to grow from 27 million to 31.3 million by 2035. At the same time, the number of Australians age 75 or older will surge from 2.1 million to 3.2 million, heightening demand for age-friendly and accessible homes and neighborhoods. The 2025 ULI Australia Conference was set against this demographic backdrop.

A recent project in Seattle—Africatown Plaza—demonstrates the alchemy of community collaboration and a development team’s commitment to creating a neighborhood that can thrive. Much can be learned from how the team prioritized people in the process to make a people-centered place.this process

Infrastructure Ontario’s Provincial Affordable Housing Lands Program aims to create a mix of market-rate housing and permanent, sustainable, affordable housing on surplus land in greater Toronto. For its first effort, the agency chose Dream Asset Management, Kilmer Group, and Tricon Residential to develop a mixed-use community with 2,500 apartments on a former brownfield industrial site.

FORUM, a life sciences building developed by Lendlease, is the first purpose-built life sciences building in Boston Landing, a mixed-use district in the city’s Allston-Brighton neighborhood. Targeting LEED Platinum, the recently opened building employs numerous strategies that enable companies to meet stringent regulatory requirements, reduce their carbon footprint, and achieve net zero operations.

In late 2025, the ULI Randall Lewis Center for Sustainability in Real Estate convened a series of roundtables with sustainability leaders to explore the industry’s perspective on top global priorities in 2026. Roundtables consisted of members of the ULI Americas Sustainable Development Council, the ULI Asia Pacific Net Zero Council, the ULI Europe Sustainability Council, and sustainability-oriented committees of District Councils from ULI San Francisco, ULI New York, ULI Los Angeles, ULI Singapore, and ULI Philadelphia.

The ULI Americas District Council Showcase of Excellence Awards celebrates achievement by District Councils as it relates to ULI’s mission and primary areas of focus, with particular attention given to programs that are both innovative in their format or approach to the subject matter and replicable at other District Councils. The ULI Americas region’s 58 District Councils submit the best of more than 2,000 programs held each year, with awards given, in each category, for District Councils with fewer than 600 members, and for District Councils with more than 600 members.

Steps from the Place de l’Europe in Paris, the French real estate company Covivio has recast a historic telephone exchange as its headquarters. Dubbed “L’Atelier,” the complex showcases the firm’s expertise, values, and culture; houses 250 Paris employees; and supports the company’s three business lines: office, hotel, and residential.

Jeff Speck and I first met in 2004. I had just been elected mayor of Oklahoma City, and I was invited to Charleston for an event hosted by the Mayors’ Institute on City Design. Jeff was one of the design professionals lending expertise to mayors facing complex planning issues.

Better Angels, a nonprofit tackling Los Angeles homelessness, is working to deliver dignified affordable housing in one third of the time and cost of conventional loans. Eviction-preventing microloans and tech tools empower outreach workers.

As 2025 draws to a close, the year’s most-read articles in Urban Land magazine reflect a pivotal moment in urban development. Themes reflected this year include resilience against climate-driven disasters, ambitious waterfront and downtown revitalizations, stabilizing construction economics, entertainment-anchored urban renewal, and innovative housing strategies. These stories also capture the industry’s focus on adaptive, inclusive, and forward-thinking land use.

When I took office as mayor of Oklahoma City in 2004, my goals were similar to any other mayor’s: to improve our economy, raise our national profile, and protect our citizens. We had an intersection with safety concerns, and our planning department was pushing the idea to me and the City Council to install a traffic circle. At the time, traffic circles were new to this generation of Oklahoma City drivers, but we soon found out that they were cost-effective and most certainly safer.

Since Microsoft established its headquarters in Redmond, Washington, in 1986, the company’s campus has grown from four buildings to more than 100. The East Campus Modernization Project is the latest addition: replacing several older structures with ones designed to meet the demands of the modern hybrid workplace—and embody the company’s commitment to both employee well-being and environmental stewardship.

Singapore real estate veterans at a Women’s Leadership Initiative (WLI) event last month suggested that finding your own voice, challenging yourself, and not over-planning can help women in the industry to progress in interesting and worthwhile careers.

Several architecture and infrastructure projects add up to a new public realm exalting the pedestrian experience

Three existing federal tax incentive programs that have been used frequently by developers received significant upgrades in this summer’s One Big Beautiful Bill Act. Low-income housing tax credits (LIHTCs) have long provided gap equity for affordable housing projects all over the country. New markets tax credits have been providing gap funding for a wide variety of economic development projects for more than 25 years. More recently, Opportunity Zones have steered investments in projects in low-income communities. The Big Beautiful Bill made improvements to each of these programs.

London is one of many cities rethinking its car-first orientation and embracing a more holistic vision of urban life rooted in social connection. Car-free and car-light streets are most successful when they function as social infrastructure that supports belonging, well-being, and public life. In other words, infrastructure matters, but intentional placemaking determines results.

Holiday travelers may notice that airport-connected hotels are incorporating more regional touches, from façade to dining. Here are five examples that offer the ultimate luxury, a short walk from guest room to terminal.

The National Retail Federation predicts a record-breaking 2025 holiday season, with U.S. sales for November and December projected to grow between 3.7 percent and 4.2 percent—pushing total holiday sales past $1 trillion for the first time. Yet there also are signs that consumers are nervous; that mood, plus accounting for inflation, could leave holiday spending relatively flat.

In October 2025, ULI convened the Water Wise Development Coalition to discuss the latest updates on water and land use policy and their implications for both the real estate industry and the country as a whole. The meeting brought together land use experts, real estate professionals, and public sector decision makers. Guest speakers included Kelly Connolly Kern, director of public affairs at the Alliance for Water Efficiency, and Lindsay Rogers, policy manager for municipal conservation at Western Resource Advocates.

The construction phase is where the vision of a future-proof parking facility truly takes shape, where theoretical plans transform into a tangible, tech-ready structure. This step isn’t merely about pouring concrete and raising steel; it’s a critical juncture for embedding the smart capabilities that will define the modern parking experience and ensure its long-term relevance in an evolving mobility landscape.

Within the next 50 years, Earth will become a planet of cities. From São Paulo to Shanghai, Lagos to Los Angeles, today’s cities are no longer just places where people live. They are the active ingredient shaping how humanity evolves, how we work, how we connect, and how long we may ultimately thrive as a species. Arguably, few organizations are better positioned to contend with the challenges of a fast-urbanizing world than ULI.

In 2025, the country’s industrial market is experiencing a rebalancing in the wake of surging demand and record new supply that marked the early pandemic years. New opportunities in fast-growing markets are emerging, and demand drivers are shifting. New space demand will grow the most, especially for small-bay industrial assets, according to a Q3 2025 report from the business advisory and accounting firm Plante Moran.