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Beth Mattson-Teig

Beth Mattson-Teig is a freelance business writer and editor based in Minneapolis. She specializes in commercial real estate and finance topics. Mattson-Teig writes for several national business and industry publications and is the author of numerous white papers.

Nashville has a new 65-story residential tower on the drawing board that could set a new record as the tallest building in the city. The proposed project highlights the change underway in the city.
Stakeholders who have worked to push for more affordable housing know firsthand that it can often be a contentious issue. But what if there were a way to avoid strategies that “backfire” and instead leverage more effective messaging to build public will and get people excited about providing high-quality housing for everyone? Advocates for more affordable housing described what methods are working for them, including the recent zoning changes in Minneapolis, at a recent ULI Minnesota event.
Results from the fall ULI Real Estate Economic Forecastshow a rise in economic expansion in 2018, with growth tapering in 2019 and 2020. Tax reform is largely credited with the economic bounce that has occurred this year, with gross domestic product (GDP) growth that jumped from 2.2 percent in 2017 to an expected 3 percent this year, according to the survey conducted by the ULI Center for Capital Markets and Real Estate.
The new ULI Real Estate Economic Forecast is taking a more bullish view on the U.S. economy—at least for the remainder of this year. As compared with the fall survey, key indicators such as gross domestic product (GDP) growth, jobs, and the Consumer Property Price Index (CPPI) all trended higher. But that boost may be short lived with growth tapering in 2019 and 2020.
As part of ULI’s 10-Minute Walk campaign, a ULI Advisory Services panel presented recommendations on a proposed land bridge in St. Paul—a project that is both a physical and symbolic connection for the Rondo neighborhood.
Speaking at a ULI Minnesota event, Kevin Cavenaugh, owner of Portland-based Guerrilla Development, said bigger is not necessarily better, and oftentimes it is worse, in terms of the complexity and risk.
Millions of people will be watching this year’s Super Bowl. But for the host city of Minneapolis, the event is also a chance to showcase its newest sports venue and the urban revitalization that has come with it.
Innovations in sensors, digital tech, and the “internet of things” (IoT) have created connected buildings that are becoming standard fare today. That evolution in building tech is generating more operating efficiencies—and opening the door to bigger cyber security risks.
The latest ULI Real Estate Economic Forecastis predicting more positive momentum ahead for both the economy and the commercial real estate industry through 2019. That being said, the pace of growth is slowing and the survey of 48 economists and analysts clearly reveals some lowering of expectations.
California may be easing into a soft landing with signs of “ebbing optimism” among developers on the three-year outlook for the state’s commercial and multifamily real estate markets. The latest Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate Survey indicates slower growth ahead in the office, retail, and industrial sectors, but developers are more positive about opportunities in Orange County, Los Angeles, and San Diego.
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