A new report from the ULI Greenprint Center for Building Performance shows that the real estate industry has made significant progress over the past 10 years in reducing carbon emissions and energy consumption while increasing asset value. Volume 10 of the Greenprint Performance Report™, which measures and tracks the performance of 8,916 properties owned by Greenprint’s members, demonstrates a 10-year improvement of 17 percent in energy use intensity, which is the annual energy consumption divided by gross floor area. The report also finds that Greenprint members are still on track to reduce carbon emissions by 50 percent by 2030.
The best bets for real estate investment and development—including markets and industry sectors—for next year will be highlighted at the 2019 ULI Fall Meeting, set for September 18–21 at the Walter E. Washington Convention Center in Washington, D.C. These predictions and other observations on industry trends are included in the 2020 Americas edition of Emerging Trends in Real Estate®, the highly anticipated real estate forecast copublished each year by ULI and PwC.
CenterPoint Properties, a leading innovator in the investment, development, and management of industrial real estate and multimodal transportation infrastructure, has joined the ULI Greenprint Center for Building Performance (Greenprint). Greenprint is a worldwide alliance of the foremost real estate owners, investors, and financial institutions committed to improving the environmental performance of the global real estate industry, with a particular emphasis on reducing energy consumption and carbon emissions.
The Energy Foundation has awarded ULI, via the ULI Foundation, a $200,000 grant to promote activities to reduce greenhouse gas emissions as part of a partnership with Bloomberg Philanthropies and the Natural Resources Defense Council. With this grant, the Institute will facilitate the engagement of its district councils, which serve members at the local level, in activities related to the American Cities Climate Challenge.
New ENERGY STAR Portfolio Manager building performance calculation adjustments, which will take effect on July 22, will cause a slight increase in cold-weather buildings’ ENERGY STAR scores, reflecting feedback from the real estate industry on an unanticipated large drop in ENERGY STAR ratings over the past year.
The ULI Greenprint Center for Building Performance, a worldwide alliance of leading real estate owners, investors, and financial institutions committed to reducing carbon emissions across the global property industry, has announced the addition of three new members: nationally recognized real estate companies SL Green, Lendlease Americas, and Zurich Alternative Asset Management.
Nineteen extraordinary developments from around the world have been selected as finalists for the 2019 ULI Global Awards for Excellence competition, which is widely recognized as one of the real estate industry’s most prestigious award programs. This year’s finalists include 14 in North America, four in Asia, and one in Europe.
Civic leaders, including public officials and private developers, must be proactive and prepared to take risks if they want to develop their cities for the new economy, ULI Senior Fellow Tom Murphy said at the ULI Spring Meeting in Nashville. Cities are facing unprecedented changes in a variety of arenas, including cultural, technological, economic, and demographic. At a session titled “Smart Choices in a Changing World,” ULI’s senior fellows debated ways that cities can thrive in a new economy while creating a sustainable workforce for future needs.
Development of women leaders in the real estate business was the theme at the Women’s Leadership Initiative and Larson Leadership Initiative Luncheon during the 2019 ULI Spring Meeting in Nashville. Bethany Logan Ropa, managing director at UBS Investment Bank, interviewed Karen Hutton, president and CEO of Hutton, a diversified real estate development and construction firm based in Chattanooga, Tennessee.
Internationally acclaimed artist and urban planner Theaster Gates, whose rise to prominence began with his use of art and culture to revive underserved neighborhoods in his hometown of Chicago, was named the 2018 recipient of the ULI J.C. Nichols Prize for Visionaries in Urban Development at the Institute’s 2018 Fall Meeting in Boston. Gates spoke with Urban Landabout his work, his career, and the guiding principles that motivate him.
