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Bendix Anderson

Bendix Anderson has written about commercial real estate, sustainable development, and affordable housing for more than a dozen years. His work has appeared in National Real Estate Investor, Multifamily Executive, Affordable Housing Finance, City Limits magazine, and other publications.

Homebuyers and developers have developed an appetite for more food-based amenities, said panelists speaking at a recent ULI Food & Real Estate Forum. “One of the hottest trends in new home development is incorporating agriculture … communities that include working farms are popping up all over the country,” says Sarene Marshall, executive director of the ULI Center for Sustainability.
With arts, office, and recreational offerings, Philadelphia’s Center City is drawing new residents—of various ages—to downtown living.
Economists see a pretty good year ahead for real estate, despite a weak world economy. “The data [are] good, but we all feel this uncertainty,” said Jeffrey Havsy, chief economist, Americas, CBRE Econometric Advisors. He spoke at a panel discussion of the semiannual ULI Real Estate Consensus Forecast, as part of a members only webinar.
A company called Radiator Labs has a solution to cut the cost of heating an old radiator building in places like New York City by a third. The technology also gives residents the power to control the heat in their own apartments—without replacing the central boiler that supplies the heat. This was one of five technology companies at a real estate-focused Demo Day held in January by MetaProp NYC, which calls itself the “New York Real Estate Technology Accelerator.”
For the first time in 30 years, local farmers have returned to the main floor of the historic Oklahoma City Farmers Public Market. Their heirloom tomatoes and organic kale now share the redeveloped 150,000-square-foot landmark with a long list of high-end shops, restaurant and event space and a “food truck park” next door. Across the country farmers markets are sharing space with more conventional retail space, often in prominent developments and redevelopments.
Transit officials are finding innovative ways to bring private capital and more efficiency to their transit projects, said experts speaking at the ULI Tri-State Infrastructure Summit, held in late October by ULI New York.
A crumbling industrial site on the fringe of Brooklyn’s real estate boom is becoming a magnet for innovative businesses. Industry City has drawn Fortune 500 companies, technology startups, a professional sports training facility, an ice cream maker, and visual artists to a complex of 15 giant, century-old factory buildings on the Brooklyn waterfront.
The Passive House standard created by Passivhaus Institut of Germany is the latest, toughest standard in sustainable design. Owners and developers around the world have certified Passive House buildings, including U.K. property giant Grosvenor. In the United States, developers are now building hundreds of new units of housing to meet the Passive House standards in states like New York and Pennsylvania.
The most expensive apartments per square foot in Houston are in a new tower overlooking a new park in a new residential neighborhood now blossoming downtown. That tower, One Park Place, proved that luxury rental housing can thrive in a central business district still dominated by high-rise office properties.
The ULI Real Estate Consensus Forecast, issued biannually, which surveys 46 economists and analysts, predicts strong demand and value for real estate for the next three years. According to panelists on a ULI members–only webinar, real estate continues to offer strong relative value compared with other investments, and fundamental demand is also quite strong.
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