Two new ULI reports provide possibilities for expanding and enhancing parks through collaborative partnerships and the transformation of spaces for cars into places for people. The COVID-19 pandemic has underscored the importance of community outdoor spaces. Parks, trails, streets closed to automobiles, and public plazas have been some of the only places that have allowed people to maintain physical distance while still being able to exercise, relax, play, gather in small groups, or make short trips safely—crucial activities for lowering stress levels, reducing symptoms of depression, and maintaining physical health.
Christina Contreras, principal and founder of Living Ecology Studio in Denver, Colorado, has been selected as ULI/Martin Bucksbaum Senior Visiting Fellow. During her one-year fellowship, Contreras will explore how privately owned and managed “third places” can better contribute to individual and community health and well-being, and will develop a “pattern book” for designers and developers to create welcoming and thriving privately owned “third places.”
We are grieved to announce that Phillip Horne, ULI Foundation president and chief advancement officer, passed away unexpectedly in August. Horne is remembered by his ULI friends and staff as an individual of the highest caliber.
Gerald D. Hines, founder and chairman of the Houston-based global real estate firm Hines, passed away at home on August 23. A ULI Life Trustee and benefactor, Hines was an avid supporter of the Institute for more than 60 years.
During a recent ULI webinar hosted by ULI Kansas City titled “Equity in Parks,” experts in their fields discussed the recent report released by the Institute’s Advisory Services program and shared their perspectives on how to make Kansas City a better place through the creation of an equitable park system. One of the conclusions of the report was that the city must establish a more equitable process for parks and recreation investment in hopes of tackling racial divisions.
ULI Boston/New England and other local partners recently hosted a webinar designed to provide actionable steps to increase diversity, equity, and inclusion within the commercial real estate industry. Citing research by McKinsey & Company, speakers said that companies in the top quartile for ethnic and cultural diversity on their executive teams were 33 percent more likely to experience above-average profitability than companies in the lowest quartile.
The ULI Center for Sustainability and Economic Performance has announced the addition of three new members to its executive board from industry-leading organizations such as JBG Smith, ZOM, HR&A.
ULI has appointed David Faulkner as its new president for the Asia Pacific region. Faulkner, who most recently was managing director, valuation and advisory services, at Colliers International in Hong Kong, takes the position immediately, leading the Institute’s activities across Asia Pacific. Faulkner will lead members and staff to deliver impact programs such as Advisory Services and UrbanPlan, as well as the region’s virtual and in-person events program, including the REImagine virtual forum, the ULI Asia Pacific Convivium, and the ULI Asia Pacific Summit, which next year will be held in Tokyo in May.
The last few months have been some of the most challenging in many of our careers, with the outbreak of COVID-19 disrupting all aspects of our lives, writes ULI Global CEO W. Edward Walter. The effects on the real estate industry have been significant.
Kansas City, Missouri, can help tackle the city’s racial division by establishing a more equitable process for parks and recreation investment, according to a report released by ULI. The report advises the city to listen to the broad-based needs of the community and establish a new parks conservancy to raise funds, advocate for improvements, and deliver programs that activate the public realm.