Across the Brisbane River from Brisbane, Australia’s central business district, the 33-story Upper House residential tower stands out in the city’s skyline with its “dancing balconies” and curving timber ribbons inspired by the prominent roots of Queensland’s native Moreton Bay fig tree.
A waterfront site across McCovey Cove from San Francisco’s Oracle Park had long served as a parking lot for Giants baseball fans—but little more. Today, the property is home to Mission Rock, an ambitious mixed-use development undertaken in a public-private partnership between the Giants, the Port of San Francisco, and global real estate development company Tishman Speyer. Attendees of the 2025 ULI Fall Meeting will have the opportunity to tour Mission Rock and learn how an unusually collaborative approach to development has created a neighborhood that goes beyond serving sports fans.
Designed by noted architects Philip Johnson and John Burgee and constructed in 1984, 550 Madison Avenue has a curved roof pediment that reminded enough people of Chippendale furniture to earn the nickname “the Chippendale Building.” Globally recognized as an influential postmodern masterpiece, it once served as headquarters for AT&T and later Sony, then became the youngest edifice to be designated a New York City landmark. The Olayan Group purchased it in 2016 to rework the single-tenant tower into a multi-tenant, mixed-use office building that prioritizes occupant wellness and environmental sustainability.
In a historically redlined neighborhood of Minneapolis, a former industrial warehouse has become a supportive, low-barrier sanctuary for the unsheltered. Up to 200 residents can live at Avivo Village, each in their own private sleeping unit. Single-occupant shower rooms, nongendered restrooms, and communal kitchenettes and coffee areas are all ADA-compliant.
In the Sydney suburb of Marrickville, two not-for-profit organizations—Fresh Hope Communities, the public benevolent institution entity of churches of Christ in New South Wales and the Australian Capital Territory; and Nightingale Housing of Brunswick, Victoria—came together to develop a building that holds 54 units renting at 80 percent of market rates, as well as two community-focused commercial spaces. The Churches of Christ Property Trust has provided a 99-year lease for the land, which allows the units to remain affordable far beyond a more typical 10-year period.
As aging retail continue to evolve, one increasingly popular trend has been to redesign malls as town centers—recalling a time when such commercial districts were the heart and soul of a community. Mall–to–town center retrofits are emerging throughout the nation, especially in suburban communities, where pedestrian-friendly, mixed-use environments are highly attractive to millennials now raising families.
What trends are shaping the future of the industrial sector? Four experts from ULI’s Industrial and Office Park Development Council talk about the industrial submarkets and property types that offer the greatest opportunities, challenges developers face in bringing new projects to market, ways artificial intelligence and emerging technologies are reshaping the sector, tenant priorities, and other key trends.
In the heart of London’s Covent Garden neighborhood, a complex of five Victorian-era structures—previously home to a seed merchant company, a brass and iron foundry, and a Nonconformist chapel, among other uses—have been restored and adapted into a single, cohesive office building with ground-floor retail and dining space. The three-year restoration preserved the property’s industrial heritage, yet it provides enough flexibility to meet the needs of today’s workforce.
The Association for Real Property and Infrastructure (ARPI) has awarded a generous grant of $109,000 to the ULI Foundation to enhance cross-regional knowledge exchange and research related to infrastructure strategies, with a particular focus on collaboration between U.S. and British members. The ULI Randall Lewis Center for Sustainability in Real Estate will administer the grant.