A new ULI report, “What’s Next? Real Estate in the New Economy,” highlights a number of trends poised to alter urban planning, design, and development through 2020. The report covers six major categories—Work, Live, Connect, Renew, Move, and Invest—and reflects the input, insight, and participation of ULI trustees, members, and staff.
In the 33rd edition of Emerging Trends, one of the most highly regarded industry outlook reports published, the opinions of 950 investors, developers, lenders, consultants, and property company representatives point to a rather glum outlook for 2012: the climb out of the real estate depression will be a long and slow one for all but one market sector. Read more to learn why and to learn how cities have improved over a year ago.
Despite the deepest economic recession since the 1930s, small-scale entrepreneurs are finding creative ways to develop and finance both commercial and residential real estate projects—and occasionally even make money. Find out what two such entrepreneurs told the audience at a recent ULI 2011 Fall Meeting session titled “Small-Scale Development: Entrepreneurship in the Post–Credit Crunch World.”
Uncertainty about the fate of the euro, and whether some of the continent’s weaker economies will be able to maintain it as their currency, is already an impediment to investment, said one panelist at a session on the implications of the debt crisis for Europe at ULI’s Fall Meeting. Read more to learn why the European sovereign debt problem is seen as being as serious as 2008’s financial crisis.
The southern California real estate and development scene may be showing signs of life, with a renewed focus on infrastructure and the underlying attractiveness of the area to new residents providing some of the bright spots. Read about two sectors that are ripe for development, and what industry leaders see as a particular driver for future growth.
The ULI Los Angeles Transit-Oriented Development (TOD) Summit 2011 was held in early June in Pasadena, California. Read how rail transit is rejoining buses and cars as part of the state’s overall transportation mix, and how TOD projects at rail stations like those in Pasadena are setting the stage for a new pattern of denser, more walkable development that also helps cut greenhouse gas emissions.
Arlington Heights Sports Park, a new 35-acre (14-ha) public venue for sports and a community amenity in Riverside, California, shows how innovative approaches to project delivery can yield positive results. Read about the advantages a design/build process brought to the project, and the special considerations that must be addressed when designing a field to accommodate several sports.
At ULI’s recent 2011 Fall Meeting, a panel of experts reported notable differences in the Japanese economy and way of life after the devastating earthquake and tsunami, including an increase in time spent at home, decreases in urban retail and restaurant activities, lower demand for oceanfront and high-rise properties, and greater emphasis on energy conservation and disaster resilience. Read more.