New, tech-based companies create temporary apartment hotels, monetize absorption vacancies, and stimulate urban mixed-use projects.
Austin, Texas, sits at the pinnacle of the U.S. commercial real estate sector right now, according to Emerging Trends in Real Estate® 2020. But recent economic wins like the planned $1 billion campus for Apple and the new headquarters of the U.S. Army’s modernization initiative should keep the city standing tall for years to come, said panelists speaking a ULI Austin event in October.
By 2040, metro Atlanta is projected to grow by 2.5 million people, bringing it to 8 million people, according to the Atlanta Regional Commission. Understanding how transportation and land use can accommodate this increase was one of the subjects discussed at a recent ULI Atlanta event. The event was cohosted in partnership with Perimeter Connects and the Perimeter Community Improvement Districts.
Like bookends, two major developments are transforming southern San Diego County’s city of Chula Vista on its most eastern and western fronts: the 535-acre (216 ha) Chula Vista Bayfront development on the San Diego Bay, and Otay Ranch, which will provide nearly 10,000 acres (4,000 ha) of master-planned, multiuse development, with a projected population of more than 110,000.
Using a facilitated conversation format honed at previous ULI meetings, the “fishbowl” at ULI’s Fall Meeting in Washington, D.C., brought together 12 experts to discuss the natural tension between cities’ need to encourage housing and economic development—and the community backlash that often results from specific proposals.
Using available land is a key strategy for filling the District of Columbia’s need for affordable housing units, Mayor Muriel Bowser said at ULI’s Fall Meeting in Washington, D.C. Bowser recently articulated her vision to construct 36,000 additional housing units in the District by 2025.
No single solution exists among the efforts to deliver attainable and affordable housing in a country where home prices continue to escalate significantly and the dream of homeownership is out of reach of millions of households, an expert panel told attendees at ULI’s 2019 Fall Meeting in Washington, D.C.
The plan to develop a robust pipeline of tech talent—and to retain that talent—was one of the deciding factors driving Amazon’s choice of Crystal City in Arlington, Virginia, said speakers at the ULI’s 2019 Fall Meeting in Washington, D.C.
How did Reston Town Center, set some 20 miles (32 km) from the nation’s capital in the leafy suburbs of Northern Virginia, generate premium real estate values and become desirable enough to compete for the best tenants? It is a story dating back more than 30 years, the product of critical decisions made by a host of real estate professionals, public officials, planners, and designers.
Over time, Reston Town Center has evolved from a series of grand concepts drawn up by architects, to a few blocks of office buildings, to something very much like a successful urban neighborhood.