Driven by an e-commerce boom, industrial real estate is in the midst of a golden age that shows no signs of waning, despite lingering concerns about the long-term health of traditional retailers, a group of industrial property managers said during a panel discussion at the 2017 Fall Meeting in Los Angeles.
The advent of driverless autonomous vehicles (AVs) and drone aircraft, coupled with the rapid shift to a collaborative economy in which entrepreneurs find ways to monetize unused capacity, will dramatically transform urban areas and disrupt the real estate sector, according to a pair of speakers at ULI’s 2017 Fall Meeting in Los Angeles.
The coming wave of ride-hailing companies and driverless cars will push down levels of vehicle ownership, reduce parking demand, and transform urban spaces.
American housing continues to evolve as new forms of shelter arise to meet changing demographics and consumer demands.
The hurricanes that ravaged the U.S. Southeast and the Caribbean and the fires raging through the Northwest have refocused and energized resilience discussions.
Since Airbnb began to disrupt the U.S. hospitality sector, industry leaders have been thinking about ways to attract previously underserved customers. A number of recently built hotels and resorts combine the space and amenities of a private home with high-end amenities, concierge service, and curated experiences. A 2017 ULI Fall Meeting session presented two recently introduced concepts with distinctly different target markets and price points.
Retail is the pulse of any vibrant urban environment, including downtown Los Angeles (DTLA). Just ask Avison Young’s Derrick Moore, who has brokered some 400 DTLA retail leasing deals in the last few years.
Architects must take more responsibility for their work, legendary designer Frank Gehry told a general session audience Tuesday during the 2017 ULI Fall Meeting. Architects need to “get into the fray,” Gehry said.
Urban theorist Richard Florida warned of “a growing divide between places that are winning and places that are failing to keep up.” That societal split is the subject of his latest book, The New Urban Crisis: How Our Cities Are Increasing Inequality, Deepening Segregation, and Failing the Middle Class—and What We Can Do About It.
The United States is becoming more urbanized. Cities are becoming stronger. But millions of people are being left behind, unable to participate in the urban success, says Henry Cisneros, coauthor of a new ULI book on the topic.