Archives

Undermanaged and underinvested for years, the newly unveiled, amenity-rich Chicago redevelopment appears prescient.

Sponsored Post:Fairstead has launched Fairstead Ventures, a $100 million venture capital initiative, designed to invest in and deploy innovative startups focused on decarbonization, energy and water conservation, and sustainability.

Growth pours north out of Dallas, the city nicknamed “the Big D,” and one result has been a boom in the suburb of Frisco, which earned the title of the nation’s fastest-growing city of the 2010s, according to the U.S. Census Bureau. Frisco’s growth has spread to nearby Celina, which has grown 10x since 2010.

The same way that urban central business districts are morphing into neighborhoods by adding residential space, older suburban shopping malls and retail centers can get a boost by adding multifamily residential buildings and evolving into mixed-use developments, panelists said at the ULI Fall Meeting in Dallas.

A panel discussion of the ULI/PwC joint-release Emerging Trends in Real Estate ^® 2023 United States and Canadareport discussed the right path forward for the commercial real estate industry.

Despite challenges, there is momentum in commercial real estate for capital to be raised and invested in underserved communities across the nation, according to a panel of Dallas/Fort Worth developers at the Fall Meeting in Dallas. The primary example they used to illustrate success is the National Juneteenth Museum in Fort Worth.

The real estate industry can help communities build the resilience to react to the changing climate, according to a panel of architects speaking at ULI’s Fall Meeting in Dallas. In doing so, they said, the industry can create value.

If the nearly $3 billion headquarters under construction in midtown Manhattan is any indication, JPMorgan Chase is bullish on the return to office and cities. David Arena, head of global real estate for the company, explained the project has long been in the works.

The Dallas/Fort Worth metro area is rising on powerful growth that will lift it past Chicago to become the third-largest metropolitan statistical area in the nation, experts said during a session at the ULI Fall Meeting in Dallas.

ULI and PwC US has released Emerging Trends in Real Estate ^® 2023, an annual report highlighting the trends shaping the real estate industry. Insights from the report reconfirm two bifurcated market trends: aspects of the real estate industry are “normalizing” and reverting to pre-COVID patterns while others have permanently shifted to the “new normal” that was adopted with the pandemic.

The COVID-19 pandemic made 2021 a historic year for the shipping and logistics industry, as rising e-commerce sent large retailers and general merchandisers scrambling for warehouse space to hold their inventory, supply-chain issues delayed shipments, real estate developers strained to keep up with demand, and local governments struggled to issue permits quickly with employees working from home.

The Urban Land Institute’s (ULI) Terwilliger Center for Housing has announced three winners for this year’s Jack Kemp Excellence in Affordable and Workforce Housing Award and four winners for the Terwilliger Center Award for Innovation in Attainable Housing.

Industry experts speaking at the ULI Fall Meeting said pickleball is just one of the ways developers are taking a fresh look at the retail space as malls seek to rework their tenant mix: by including more outdoor spaces.

The current spate of crises causing economic uncertainty around the globe is the result of a cyclical “geopolitical recession,” according to political analyst and entrepreneur Ian Bremmer, president of the political risk consultancy Eurasia Group, speaking at the 2022 ULI Fall Meeting in Dallas.

The ULI Terwilliger Center for Housing has selected government bodies in San Diego and Washington, D.C. as winners of the 2022 ULI Robert C. Larson Housing Policy Leadership Award.

Two industry leaders discussed how they broke through the glass ceiling, lessons they learned, and how they are helping support a new generation of leaders at the ULI Fall Meeting.

Real estate companies face a complex task in learning how to comply with the U.S. Securities and Exchange Commission’s much-anticipated new rule on climate disclosure, which will require them to report their greenhouse gas emissions as well as their financial risks from climate change, panelists said at ULI’s Fall Meeting in Dallas.

A discussion at the ULI Fall Meeting in Dallas covered the legacy of working in a family company, as well as the challenges of leadership today, including how to lead a changing post-pandemic workforce and prepare for lean times.

The ULI Greenprint Center for Building Performance announced today that four more of its real estate members have aligned to ULI Greenprint’s net zero carbon operations goal. These real estate leaders join the 30 members who have already adopted this goal to reduce the carbon emissions of their collective portfolio under operational control to net zero by the year 2050. The four members newly committed to net zero emissions are Bridge Industrial, Prologis (by 2030), Shorenstein Realty, and Unico Properties.

Communities of color struggle to thrive in part because real estate appraisals are marred by racial bias, ossified methodology, and industry practices, according to an expert panel at ULI’s Fall Meeting in Dallas.

Facing economic challenges that include inflation, currency issues, and other headwinds, commercial real estate companies should focus more on cash flow assets as a method to drive revenue growth, Kathleen McCarthy, global co-head of Blackstone Real Estate, said during a general session at the ULI Fall Meeting in Dallas.

The ULI Foundation has announced the public launch of Our Cities, Our Future: The Campaignfor the Institute, the Foundation’s first capital campaign. This historic effort aims to raise $100 million to further ULI’s global mission of shaping the future of the built environment for transformative impact in communities worldwide.

For decades, highways nationwide were built to connect roads and cities but often came with the added consequence of cutting off the already disenfranchised.

ULI’s Greenprint Center for Building Performance is excited to announce that four District Councils and three National Councils have been selected to participate in the second Net Zero Imperative Cohort. Thanks to the generosity of financial donations from ULI members through the ULI Foundation, the program offers grants for technical assistance and ongoing implementation support to a selection of global cities to help accelerate efforts toward net zero.

In September, ULI hosted subject matter experts on the potential impacts of the Inflation Reduction Act on the commercial real estate industry. Panelists discussed the tax incentives, deductions and credits geared to encourage building owners to deploy clean energy and energy efficiency projects and how various sectors and industries plan to participate in this opportunity.

The Fall 2022 issue of Urban Land is now available for ULI members. The cover topic is “Changing Locations: Transit-rich Destinations Embrace a Hybrid Future.”

New Land Enterprises is leasing up Ascent MKE, the tallest mass timber building in the world at 25 stories, in downtown Milwaukee, Wisconsin.

6 strategic ways to foster and consolidate the use of green financing tools.

Dan Noble, president and chief executive officer of HKS, argues Texas has tremendous potential to lead the world in transitioning to clean energy.

The Dodge Momentum Index, a monthly measure of the initial report for nonresidential building projects, improved 5.7 percent in September from the revised August reading. In September, the commercial component of the index rose 2.9 percent, while the institutional component also increased, seeing a double-digit gain of 11.7 percent.