Development and Construction
At the Europe ULI Hines Student Competition final, the team from the University of Manchester in England sized up their fellow competitors. They were impressed by the other presentations, but they felt confident that their own had a slight edge because of its core strength: its diversity.
While some big-box retail stores are closing, some developers are eyeing opportunities with retail-to-life science conversions or additions.
Ten infill residential developments help strengthen the urban fabric and add density where it is needed most.
As the use of mass-timber construction gains momentum in the multifamily development business, it is still taking baby steps in the U.S. industrial market. Last October, Affinius Capital and Seefried Industrial Properties attracted plenty of attention when they completed a 161,000-square-foot (14,900 sq m) wood-paneled warehouse outside Dallas, one of the first of its kind in the country, and more are planned or under construction.
Strict one-use-per-parcel zoning rules have long limited the growth of mixed-use projects in Spain, but the builders of a new office, residential, and commercial project in Madrid hope their example will pave the way for other integrated projects.
Nature and water are often “hidden” in certain parts of cities, within confined structures or swamp ecosystems. The March ULI InfraXchange featured Michael Van Valkenburg Associate-led project Waterloo Greenway Waller Creek in Austin, Henning Larsen’s project with Jurong Lakeside Garden in Singapore, and ULI Philadelphia’s North Broad Renaissance Initiative, a ULI Curtis Infrastructure TAP project.
For some members of the ULI Foundation’s Governors Society, philanthropic giving is a way to support the Institute’s efforts to remedy the worldwide shortage of attainable housing, reduce carbon output to fight climate change, and educate a diverse future generation of leaders for the real estate profession. For other governors, their philanthropy is a gesture of gratitude for the role that ULI has played in their professional careers and achievements, or a way to honor friends they made through the organization. And some just want to be an inspiration to other ULI members.
Toronto is the largest city in Canada and its population is growing rapidly. As a result, demand for more housing and office space has led to a staggering amount of new development. Over the last 10 years alone, the city added 27 million square feet (2.5 million sq m) of office space. But developing in the city is not easy, and panelists shared how they are dealing with the challenges of building in Toronto at the 2023 ULI Spring Meeting.
At a 2023 ULI Spring Meeting panel titled “View from the Top,” Tsering Yangki, executive vice president at Dream Unlimited, one of Canada’s leading real estate companies, with over $23 billion in assets across North America and Europe, spoke with WLI chair Ellen Klasson, managing director at RCLCO.
Shopping malls, the once-bustling hubs of commerce and community, are now facing an uncertain future in light of relentless urbanization and population growth. But as the city evolves, so too must these giants. At the 2023 ULI Spring Meeting in Toronto, industry leaders tackled this very question in the panel titled “Reimagining the Mall: The Final Urban Frontier.”
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