Innovation Districts & Corridors
The Dodge Momentum Index, a monthly measure of the initial report for U.S. nonresidential building projects in planning, rose 6.9 percent month over month in October. The increase was due to a recovery in institutional planning projects, which had stepped back over the previous few months. Institutional planning moved 22.8 percent higher in the month while commercial planning lost 0.5 percent.
The Moscow Street Program reimagined more than 200 public spaces across Moscow between 2015 and 2017, ahead of the 2018 FIFA Men’s World Cup. The program, led by Strelka KB, the architecture consultancy branch of Moscow’s Strelka Institute, may be the largest infrastructure project in Russia since the Soviet era.
Tightening availability of tech talent in leading markets has spurred hiring momentum in smaller and upstart markets in the United States and Canada—such as Tucson, Arizona, and Waterloo, Ontario—as expanding tech employers seek additional labor pools, according to CBRE’s annual Scoring Tech Talentreport.
In June, a group of 125 of Denver’s public-, private-, and nonprofit-sector leaders came to study Copenhagen’s brand of sustainable urbanism with the Denver Downtown Partnership (DDP) Urban Exploration program. The DDP study group included 61 members of ULI Colorado, Denver Mayor Michael B. Hancock, several Denver City Council members, and city and county staff members. The study tour explored the city of Copenhagen “through three lenses: livability, equity, and economic innovation, in which growth goes hand-in-hand with quality of life,” said one official.
At the ULI U.K. Annual Conference, a range of speakers from across Europe provided fresh perspectives on how the real estate industry is evolving to meet the needs of both the economy and society, including use of smarter sensor technology, creation of micro-units for both housing and retail space, as well as assistance for British cities in tapping sources of capital for regeneration.
Industry leaders speaking at the recent ULI Asia Pacific Summit said that green financing and new building materials are helping them make their developments more sustainable without hurting their bottom line.
Homeownership is still the American dream, but the home Americans are dreaming about does not look like yesterday’s traditional house with its formal living and dining rooms, large yard, and price that is out of reach for many people. A panel of industry experts addressed the U.S. shortage of housing during the ULI Spring Meeting, prompted by a new report, Attainable Housing: Challenges, Perceptions, and Solutions, from ULI’s Terwilliger Center for Housing and RCLCO.
At a panel discussion during ULI’s Fort Lauderdale Emerges conference in February, Mike Jackson, longtime chief executive officer of AutoNation, was joined by Vinnie Viola, chairman and owner of the NHL’s Florida Panthers and chairman emeritus of Virtu Financial, to discuss Fort Lauderdale’s place among America’s most important business communities. With moderator Bob Swindell, president and CEO of the Greater Fort Lauderdale Alliance, the pair discussed the appeal and consistent challenges facing Fort Lauderdale’s ascension as a major business hub.
As one of the fastest growing and most populous metropolitan areas in the United States, the Phoenix metro area has seen some 40,000 apartments built since 2010, with demand and prices continuing to rise. Panelists speaking at the ULI Arizona Trends Day in Phoenix provided a glimpse of how different product types are filling needs for the housing-strapped region.
A new report from ULI and Heitman, a global real estate investment management firm, points to the pressing need for greater understanding throughout the industry of the investment risks posed by the impacts of climate change. Climate Risk and Real Estate Investment Decision-Makingexplores current methods for assessing and mitigating climate risk in real estate, including physical risks such as catastrophes and transitional risks such as regulatory changes, availability of resources, and attractiveness of locations.