Three longtime ULI leaders have joined up to donate a total of $17 million to launch the ULI Chair’s Fund. Douglas D. Abbey, James D. Klingbeil, and Thomas W. Toomey have created the unrestricted fund to give the Institute the flexibility to respond quickly to new opportunities as it delivers on its mission of shaping the future of the built environment for transformative impact in communities worldwide.
Hong Kong, Singapore, and Japan are expected to recover swiftly from pandemic shocks over the next three years, according to ULI Real Estate Economic Forecast for the Asia Pacific region covering 2021 to 2023.
U.S. hotel performance came in higher than any other Thanksgiving week on record, according to STR’s data through November 27. Among the top 25 markets, Dallas saw the largest occupancy increase over 2019.
The growing glut of undeployed capital is expected to provide a lifeline to the strong revival of the Asia Pacific region’s real estate markets, according to the Emerging Trends in Real Estate®Asia Pacific 2022report, with Tokyo overtaking Singapore as the top-ranked investment prospect.
The Delaware River Waterfront Corporation of Philadelphia can create a new neighborhood along the southern reach of the Central Delaware River by leveraging the reuse of old industrial piers as resilient, ecological infrastructure in order to anticipate the risks associated with sea-level rise, according to a new report released by ULI.
Lynn Thurber, the chairman of JLL Income Property Trust and former ULI Global Chair, has donated $500,000 to support the efforts of the ULI Greenprint Center for Building Performance’s Net Zero Imperative, a multiyear initiative to accelerate decarbonization in the built environment.
In October 2020, JPMorgan Chase announced a $30 billion Racial Equity Commitment to help close the racial wealth gap among Black, Hispanic and Latino communities. In the last year, JPMorgan Chase has deployed or committed more than $13 billion of its $30 billion goal largely driven by affordable rental housing preservation and homeownership refinance, which were existing products and processes where the firm took prompt action to do more.
Coworking giant WeWork began trading on the New York Stock Exchange last week, going public via a merger with special acquisition company BowX Acquisition nearly two years after a pulled initial public offering.
Fall meeting attendees toured on foot this dynamic and exciting community in Chicago that is evolving differently than any other Chinatown in America. A neighborhood rich with historic and award-winning contemporary architecture, this proud community is fighting gentrification while retaining its cultural significance.
Jonathan Rose, center, in conversation with Commissioner of the Chicago Department Planning and Development Maurice Cox, and Rebuild Foundation executive director Theaster Gates Jr. Rose, a long-time ULI Trustee, is founder and president of New York-based Jonathan Rose Companies, a national mission-driven real estate development, planning and investment firm. Rose Companies has long been a leader in green building practices, and enhancing the social, health and educational opportunities for residents through its Communities of Opportunity programming.
Voted one of TimeOutmagazine’s “Coolest 40 Neighborhoods in the World,” Uptown is a diverse community on the North Side of Chicago. ULI Fall Meeting attendees got the opportunity to tour the neighborhood, which offers spectacular lakeside views, a growing entertainment district, and a thriving food and cultural scene.
This morning, 2021 ULI Fall meeting attendees toured the area surrounding one of the oldest professional ballparks in the United States, Chicago’s Wrigley Field, which has been home to the Chicago Cubs baseball team for more than a century. When the Ricketts family took over Cubs ownership in 2009, it decided not only to rehabilitate the aging stadium, but also to turn a former parking lot next door into a mixed-use entertainment district bringing office, retail, and hotel uses to the area, as well as much-needed open space called Gallagher Way.
