In 2022, Philadelphia-based development firm Post Brothers bought two office buildings on Connecticut Avenue in Washington, D.C., with plans to convert them into approximately 530 residential units. Despite the site’s proximity to Dupont Circle and a coveted residential area, assembling a viable capital stack proved more challenging than anticipated. Ultimately, a $465 million Commercial Property Assessed Clean Energy loan from Nuveen Green Capital in December of 2025—billed as the largest ever originated under the program—made the conversion possible.
For almost 200 years, the Warsaw Citadel in 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’s 74-acre (30 ha) grounds now serve as a multifunctional facility and park that both preserves and showcases the country’s rich cultural heritage.
Established in 1914, the Cleveland Foundation is a community-oriented, philanthropic organization dedicated to investing in worthy individuals and nonprofit organizations in greater Cleveland, Ohio. With the lease running out on its existing headquarters in the city’s Playhouse Square district, the foundation decided to build its own headquarters, but in an intentional way that would spur economic development in one of the city’s neglected pockets.
Infrastructure Ontario’s Provincial Affordable Housing Lands Program aims to create a mix of market-rate housing and permanent, sustainable, affordable housing on surplus land in greater Toronto. For its first effort, the agency chose Dream Asset Management, Kilmer Group, and Tricon Residential to develop a mixed-use community with 2,500 apartments on a former brownfield industrial site.
Steps from the Place de l’Europe in Paris, the French real estate company Covivio has recast a historic telephone exchange as its headquarters. Dubbed “L’Atelier,” the complex showcases the firm’s expertise, values, and culture; houses 250 Paris employees; and supports the company’s three business lines: office, hotel, and residential.
Since Microsoft established its headquarters in Redmond, Washington, in 1986, the company’s campus has grown from four buildings to more than 100. The East Campus Modernization Project is the latest addition: replacing several older structures with ones designed to meet the demands of the modern hybrid workplace—and embody the company’s commitment to both employee well-being and environmental stewardship.
Holiday travelers may notice that airport-connected hotels are incorporating more regional touches, from façade to dining. Here are five examples that offer the ultimate luxury, a short walk from guest room to terminal.
Multifamily buildings occupy structures with storied pasts. The rise of remote work and the continued housing shortage have led to a surge in the number of apartments being carved out of former office space—70,700 in 2025 compared to 23,100 in 2022, according to RentCafe. Developers are increasingly turning to structures with former lives—as offices or industrial or commercial buildings—to create multifamily housing that gives residents dwelling spaces that feel rooted in place and connected to the broader narrative of their communities.
Molly Maybrun, chief development officer of local developer Fifth Space, and Wallace Whittier, senior real estate officer for University of California, San Francisco, spoke at the 2025 ULI Fall Meeting about their collaboration to build a new proton therapy cancer center at Fifth Space’s Dogpatch Power Station, a multiphase master-planned mixed-use development on the waterfront at the southern edge of San Francisco’s Mission Bay.
“The primary advantage every modular project has, if you do it right, is time savings,” said Mark Donahue—principal, design, for Lowney Architecture—during the “Offsite Evolved: How Today’s Prefab, Modular, and 3D-Printing Solutions Deliver Proven Speed, Savings, and Scale” panel at the ULI Fall Meeting in San Francisco. “You can, on a, say, 24-month construction project, save six to eight weeks.”