Development and Construction
At ULI Chicago’s October gathering at the new 73-story 1000M apartment tower, located at 1000 S. Michigan Ave., key members of the building’s development, architecture and construction teams hosted a tour of the project and enlightened attendees with a panel discussion on the history behind the skyscraper’s signature cantilever.
Seasoned executive shares passion for the built environment
“Investors are increasingly looking at airports as lucrative opportunities,” said Steve Forrer, chief investment officer at Aviation Facilities Management Company. “When you position an airport development correctly, it can draw in a wide range of businesses, from tech startups to established global firms,” he said.
The construction landscape has largely held steady across the United States and Canada.
As the Fed began a series of rate hikes in 2022, the apartment market went from one of frenzied growth and optimism to a market characterized by decline, be it declining sales volume, declining occupancy, or declining values. As we near year’s end, stability and even positive momentum have begun to take hold, and there is good reason to expect them to carry into 2025 with the return of large, open-ended funds and an improved debt environment.
Northern Mexico has experienced a significant expansion in the Mexican industrial real estate sector since its major decline from the late 1990s to the early 2000s, due, in part, to low-cost production in China. During the pandemic, that trend began to shift.
Las Vegas is unlike any other place in America. Each year it draws more than 40 million visitors to the dazzling casinos and hotels that “turn night into daytime”—and transform the city into a glittering jewel in the desert. With 164,000 hotel rooms, Las Vegas is the largest hospitality market in the U.S.—outpacing Orlando, Florida, the next biggest market, by approximately 15 percent, according to JLL.
Amblebrook, an innovative retirement community in the historic setting of Gettysburg, Pennsylvania, was specifically designed to remedy this social disease. It shatters the mold of the conventional 55-plus community.
Retaining a spiritual identity while serving up a mix of uses to the greater neighborhood
On August 14, ULI New York and the Holcim Foundation hosted a sold-out event on “Decarbonization at Scale,” a topic that has never been more critical for the future of the built environment in North America.