The Colorado Rockies’ ownership leased a parking lot adjacent to Coors Field in order to construct McGregor Square, a 3.2-acre (1.3 ha) mixed-use development that serves baseball fans, tourists, and the broader community.
A group of experts representing ULI visited Buffalo, New York, last November to make recommendations for reviving the city’s Jefferson Avenue Corridor, the main thoroughfare of a historically black area that has suffered a decline in commercial, social, and civic activity and engagement as the result of decades of disinvestment and a recent racially motivated shooting.
In the Sydney suburb of Marrickville, two not-for-profit organizations—Fresh Hope Communities, the public benevolent institution entity of churches of Christ in NSW and ACT, and Nightingale Housing of Brunswick, Victoria—came together to develop a building that contains 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.
In the heart of London’s Covent Garden neighborhood, a complex of five Victorian-era structures—previously housing 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 and provides flexibility to meet the needs of today’s workforce.
Shenzhen’s Nantou Ancient City project represents a groundbreaking approach to revitalizing China’s historic urban villages in a way that preserves their cultural heritage and community fabric. After China’s government designated Shenzhen as a Special Economic Zone in 1980, the city’s more than 400 urban villages grew rapidly to provide informal housing for an influx of migrant workers. The result: high-density residential areas that maximized rental income but often compromised on fire safety and hygiene standards.
The Melville Charitable Trust awarded $75,000 to the ULI Foundation to support the development of 10 Principles for Addressing Homelessness: A Guide for Real Estate & Finance. Awarded in October 2024, the one-year grant is the trust’s first donation to the Urban Land Institute (ULI). It will let ULI’s Homeless to Housed (H2H) initiative create a comprehensive guide intended to connect real estate leaders with not-for-profit housing and service providers and collectively identify ways of catalyzing the production and preservation of more deeply affordable housing that is both cost-effective and rapidly deployable.
In the Belgian municipality of Edegem, just a 20-minute bike ride from Antwerp’s city center, a brownfield site that once stored camera film has become a biodiverse, sustainable mixed-use residential and commercial neighborhood.
For two hundred years, the Warsaw Citadel at the heart of Poland’s capital was a restricted military and administrative area, cut off from public access. With the recent opening of the Polish History Museum, as well as the new Polish Army Museum, the 19th-century fortress’ 74-acre (30 ha) grounds now serve as a multifunctional cultural and educational facility and park that preserves and showcases the country’s heritage.