The population of urban neighborhoods in many metropolitan areas is growing as quickly or nearly as quickly as that of suburban neighborhoods, reflecting ongoing consumer demand—particularly among younger households—for walkable living environments that are convenient to jobs, transit, and urban amenities, according to new research published by ULI.
One of ULI’s longest serving Life Trustees and renowned industry expert Stan Ross, Chairman Emeritus of the University of Southern California’s Lusk Center for Real Estate and Distinguished Fellow of the university’s School of Policy, Planning & Development, passed away June 10. He was 82.
W. Edward “Ed” Walter, a widely renowned real estate industry leader and most recently the Steers Chair in Real Estate at Georgetown University’s McDonough School of Business, is the new global chief executive officer. Walter brings to ULI more than 35 years of management experience in the real estate profession across a variety of disciplines including hotels, multifamily, and land development, with a strong emphasis on capital markets and investments.
Panelists at the ULI Washington Trends Conference in April said having a more diverse staff benefits the bottom line and addressed some of the ways they are trying to attract talent to the industry. “If everyone around the table looks the same, it’s hard to get outside of that box,” said Jodie McLean, chief executive officer of EDENS and a ULI trustee.
ULI Young Leaders pitch ideas for a site being developed by Swire Properties in the Star Street neighbourhood in Wan Chai, Hong Kong—an area full of heritage and historic buildings.
In April, ULI Advisory Services presented recommended redevelopment possibilities for the 24-acre (9.7 ha) site of Bloomington Hospital—a campus in Bloomington, Indiana, that will move its operations in 2020.
In 2017, ULI Foundation Governor Bruce Etkin pledged $100,000 to support four additional district council student scholarship programs, which began at ULI Colorado, supporting undergraduate and graduate students as they launch their careers in real estate and other land use professions. The funds for the expanded program will be competitively awarded over two years to district councils to support student memberships, networking and mentorship activities, and involvement with ULI at the local level.
The challenge of developing and maintaining a competitive edge is important for cities around the world. In Italy, this issue is framed by distinct pressures and challenges posed by the country’s history and strategic role in Europe. ULI has published a report analyzing the international competitiveness of Milan and Turin, two of Italy’s major cities.
A recent ULI Advisory Services panel, funded entirely by the ULI Foundation, provided recommendations specific to the city of Los Angeles but adaptable to other metropolitan areas.
ULI Global Chairman Tom Toomey closed the record-breaking 2018 Spring Meeting by outlining advancements in ULI’s new strategic direction. In a general session presentation, he announced the appointment of longtime real estate executive Edward (Ed) Walter as the new global chief executive officer for the Institute, and the approval of a member-created Global Strategic Plan to guide ULI’s growth and leadership going forward.