Zoning for More Transit-Oriented Housing Development in Massachusetts
Last year, Massachusetts passed the Multi-Family Zoning Requirement for MBTA Communities (also known as Section 3A). When fully implemented, the law will impact the 175 municipalities—half of the total in the Commonwealth—that are served by the state’s mass transit system. Section 3A mandates that there must be at least one zoning district where multi-family housing is allowed “as of right.”
AFIRE Survey Shows Investor Preference for American Assets in 2023
AFIRE, the association for international real estate investors focused on commercial property in the United States, has released its AFIRE International Investor Survey: Q1 2023 Pulse Report, underwritten by Holland Partner Group. U.S. market shows stability as preferred global destination for investment with allocations up 6 percent from 2022, relative to a 5 percent decline in European investment.
ULI Report: Why Retail Location Is No Longer Everything
There’s perhaps no more famous saying in retail than “location is everything.” But is it? Based on ULI’s recently published report, Successful Retail: How 14 Shopping Centers Are Thriving Today, in a post-pandemic retail world, location is indeed an important driver of success—arguably the key driver—but it is not the be-all and end-all.
Six Developments Changing the Landscape for the Carolinas in 2023
At the 2023 ULI Carolinas Meeting in February, six developers working on complex projects in North and South Carolina talked about their work and plans for the future. In varied ways, they’re all taking advantage of current environments: they’re tuning into the natural world, connecting with existing popular amenities, or highlighting the region’s rich history.
Uncertainty and Lack of Finance Causing Extreme Caution and Holding Back Real Estate Transactions, say ULI and PwC
Emerging Trends in Real Estate® Global Outlook 2023 sets out global real estate sector leaders’ expectations for the year ahead. Released at the MIPIM international exhibition, the report from ULI and PwC is a key indicator of sentiment in global real estate and investment and development trends across the globe.
Making Four Affordable Housing Developments Pencil Out in Southern California
A member of ULI Los Angeles shares how his company is harnessing creativity and a lot of hard work to build attainable housing that is within reach of most renters.
Build-to-Rent Projects Weathering Higher Interest Rates, Shifting Strategies
In a market that’s been disrupted by rising interest rates and unsteady financial markets, single-family rental investors and developers haven’t lost sight of the bigger picture. Demand for housing still exceeds supply.
Optimism for Increased Multifamily to Office Conversions in Pittsburgh
Despite uncertainty for 2023, participants in a ULI Pittsburgh event in January said converting 18 to 20 buildings would transform the downtown.
Planning the Road to Blue Oval City in West Tennessee
A member of ULI Memphis discusses the optimism for a new Ford Motor Company facility in Haywood County.
Few Signs of a Pullback in Life Sciences in North Carolina’s Research Triangle
Occupancy rates for life-sciences buildings remain around 98 percent in the top markets, and North Carolina’s Research Triangle continues to attract startups and development.