Developers are snatching up aging golf course properties—many closed or losing money—with an eye toward combining housing with other uses while often trying to preserve at least some of the greenery for community use.
With the convenience and increasingly experiential process of shopping online, how can retail stores and malls compete? Thriving brands are combining their online and brick-and-mortar experiences to keep foot traffic high and regenerating communities.
Affordable and workforce housing policies and programs put in place by the governments of New York City, Los Angeles County, and the states of New Jersey and New York have been selected as finalists for the 2018 ULI Larson Housing Policy Leadership Award. The annual award, presented by ULI’s Terwilliger Center for Housing, recognizes innovative ways the public sector is addressing the nation’s affordable housing crisis.
The ULI Terwilliger Center for Housing has announced finalists for this year’s Jack Kemp Excellence in Affordable and Workforce Housing Award, which honors exemplary developments that ensure housing affordability for people with a range of incomes.
Experts in hotel development discuss the rising popularity of social spaces in hotels, the role of technology in the hotel experience, the ways guests are shaping in-room furniture design, the competition from Airbnb, the need for “Instagrammable” spaces in hotels, and changing approaches to hotel restaurants.
At the ULI Japan Spring Conference 2018, panelists discussed how Japan’s malls can reinvigorate themselves with culture and content. Retail in Japan has not suffered as badly as elsewhere from the effects of online shopping, but the industry is concerned that malls need to offer more to retain customers.
Rather than being siloed as strictly transportation initiatives, urban mobility projects and policies are increasingly being viewed in part as economic investment. London is a prime example of this approach, said experts speaking at the ULI Netherlands Conference in May.
Behind the new home construction, park improvements, and a rising downtown skyline that are attracting out-of-state migration, some longtime families in Boise, Idaho, are struggling to afford housing in a market that has seen rents more than double in the past decade.
Hong Kong Central remained the most expensive office market in the world, according to CBRE’s annual Global Prime Office Occupancy Costs report. Hong Kong Central’s overall prime occupancy costs of US$307 per square foot (US$3,305 per sq m) per year topped the “most expensive” list, followed by London’s West End, Beijing’s Finance Street, and Hong Kong’s Kowloon.
Prime logistics rents increased globally during the 12 months ended March 31, accelerating their growth in many markets due to strengthening economies around the world and greater demand for distribution of goods bought both online and in stores, according to a report from CBRE. Prime rrents increased by 3.2 percent across the globe in this year’s first quarter from a year earlier, exceeding the previous 12-month period’s 2.2 percent global increase.