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Owen Thomas, through the family foundation he established with his wife, Jennifer, has made a $1 million donation to the ULI Foundation to combat climate change, which will also further position ULI as a globally renowned authority.

Over the last 18 months, COVID-19 has affected Asia Pacific real estate markets in profound but often quite different ways. For offices, rents in some markets have taken a significant hit, but asset values remain generally resilient as banks continue to extend credit and investors resort increasingly to traditionally safe-haven asset classes. While office sector fundamentals have remained relatively stable, under the surface the pandemic is acting as catalyst for profound change.

Senior housing occupancy increased in the third quarter of 2021 to 80.1 percent according to new National Investment Center for Seniors Housing & Care data. A significant rebound in demand and modest increase in supply contributed to the occupancy rate increase.

Centennial Yards is a $5 billion transformation of parking lots and former railyards in Atlanta into an experiential sports- and entertainment-anchored destination–one of the largest in the United States.

Hong Kong is famous for its hospitality industry, but the sector has been under fire for the past three years. Even so, the hotel and food and beverage (F&B) industries have shown resilience and adaptability said panelists during a ULI Hong Kong conference in September.

Chicago announces its second winner in the prestigious net-zero competition, as developers, owners, and property managers work to meet the city’s emission goals.

A survey conducted this spring by the ULI Curtis Infrastructure Initiative found that while the Institute’s members disagree about what exactly constitutes infrastructure, there is broad agreement that infrastructure creates the framework to enable real estate development, ensure economic development and housing opportunities, and provide connections for diverse communities. Asked to cite their top priority for infrastructure investment, members most often cited the stock of affordable housing.

A ULI urban resilience study shows how culture can contribute to the resilience of a city by driving mutual cooperation among residents, supporting the high costs of infrastructure investment, and inspiring private developers to accept and exceed some of the strictest building regulation in the world.

COVID-19 may have left an indelible mark on the urban landscape, but cities have survived, and experts say the lessons from the pandemic eventually may help make them better places to live and work.

Sponsored Content:If you take a look around our nation’s cities, you will probably see relics of obsolete industries, like abandoned power plants or old oil refineries. Not only are these sites eyesores, but they are often significant sources of pollution. So, what can be done with them? This is where Hilco Redevelopment Partners (HRP) comes in.

The Fall 2021 issue of Urban Land is now available for ULI members. The cover topic is “Urban Living: How the Pandemic Is Shaping Cities.” Other topics include “Net Zero: Chicago’s C40 Competition” and “Infrastructure: Managing Stormwater.”

The New York Convention Center Operating Corporation announced the completion of the Javits Center’s new rooftop event space as part of its $1.5 billion expansion project on Manhattan’s West Side. The farm and event space, along with several other sustainable upgrades, builds on the success of the convention center’s robust sustainability program.

Khoo Teng Chye, the new chair of ULI Asia Pacific, began his three-year term in July, succeeding Nicholas Brooke, chairman of Professional Property Services in Hong Kong. An urban planner based in Singapore, Khoo teaches at the Faculty of Engineering and the School of Design and Environment at the National University of Singapore. Previously, he was executive director of Singapore’s Centre for Liveable Cities and chief executive officer of PUB, Singapore’s National Water Agency.

The state of Florida is looking to hold on to the gains it made over the last two years, with an estimated population growth of 900 new arrivals per day in 2021. According to leaders speaking at the ULI Florida Summit, office and industrial leasing gives them hope that the trend will continue.

As art requirements gain momentum in enhancing the public realm, developers are also getting smart about making public art work for the public, as well as for the project

In a recent ULI Terwilliger Center webinar, titled “Grand Boulevards: A Framework for Workforce Housing, Environmental Repair, and Economic Balance,” focused on a possible avenue for increasing the availability of housing.

One of the housing industry’s most respected practitioners, Jonathan F.P. Rose has been named the 2021 recipient of the ULI Prize for Visionaries in Urban Development.

Owners and developers are rethinking their assets and how they can serve the occupants, residents, and their surrounding communities. How can designers transform these properties into destinations that have environmental, social, and economic benefits?

Renters are now the majority in more than 100 U.S. suburbs that were previously homeowner territory 10 years ago, according to an analysis of U.S. Census Bureau data by Yardi’s RentCafé. Another 57 suburbs are expected to follow suit in the next five years, with many of these suburbs belonging to the Miami, Washington, D.C., and Los Angeles metro areas.

As climate change causes more intense rainfall, it threatens to overwhelm many city sewer systems. In response, cities are turning to infrastructure that absorbs stormwater runoff at its source.

Destination Crenshaw, a transformative 1.3-mile (2 km) infrastructure project scheduled to open in fall 2022, was the focus of a ULI Los Angeles virtual event in July, highlighting plans to boost the Crenshaw community through economic development, job creation, and environmental healing while elevating Black art and culture.

Owen Thomas, CEO of Boston Properties Inc. and former Global Chair of ULI, is donating $1 million to launch the Net Zero Imperative, which will convene Institute members to develop ideas and strategies for decarbonizing the built environment.

Investment in and achievement of environmental, social, and governance (ESG) goals surged in 2020, according to State of Green: ULI Greenprint Performance Report, Volume 12, an annual benchmark report just released by the ULI Greenprint Center for Building Performance.

A growing number of resilient buildings can serve as models for how to embed resilience in building design and economics, ensuring that both inhabitants and financial performance are protected in the long run.

The city of San Jose, California, is considering encouraging churches and other institutions to convert underused parking lots to create much needed affordable housing. Other cities such as San Antonio and Montgomery County, Maryland, are looking at how other assets or acquisitions could be better used, particularly to accommodate refugees.

The metric acre could fill a missing intermediate scale between square meters and hectares and, like the metric ton, bridge the gap between the imperial and metric systems.

Vancouver has become a forerunner in repurposing aging retail centers, transforming them into massive mixed-use districts (MXDs) with residential, office, and hotel uses along with more appropriate retail.

ULI’s Building Healthy Places Initiative is delighted to announce and congratulate the participants in the fourth cohort of the ULI/Randall Lewis Health Mentorship Program, This program supports learning and sharing about health and real estate among graduate students and ULI members

In observance of the 20th anniversary of the 9/11 attacks in New York City and Washington, D.C., Urban Landis highlighting the redevelopment of lower Manhattan.

ULI Greenprint Center for Building Performance’s annual report found a 12.4 percent reduction in carbon emissions in 2020 compared with an average 3.5 percent fall in previous years. In addition, the report found that real estate owners took advantage of reduced occupancy during the pandemic to double the implementation of energy efficiency projects.