Development and Construction
Urban Landmagazine sat down with Collete English Dixon, executive director of the Marshall Bennett Institute of Real Estate, and administrative chair, real estate, at the Heller College of Business at Roosevelt University in Chicago for a wide-ranging conversation on diversity and inclusion, how far the industry has come, and what the future paths to success could look like in a diverse industry.
Developers with Black, indigenous, or people of color in leadership positions see opportunities that some traditional investors miss, said Josh Childress, CEO of Landspire Investments, at the ULI Los Angeles 2023 Urban Marketplace conference.
At the 2023 ULI Los Angeles Urban Marketplace, entertainer Tiffany Haddish spoke with California’s State Treasurer Fiona Ma about access to capital and resources for diverse developers.
Last year, Massachusetts passed the Multi-Family Zoning Requirement for MBTA Communities (also known as Section 3A). When fully implemented, the law will affect the 175 municipalities—half of the total in the commonwealth—that are served by the state’s mass transit system. Section 3A mandates that there must be at least one zoning district where multi-family housing is allowed “as of right.”
A ULI report says, in a post-pandemic retail world, location is indeed an important driver of success—arguably the key driver—but it is not the be-all and end-all.
At the 2023 ULI Carolinas Meeting in February, six developers working on complex projects in North and South Carolina talked about their work and plans for the future. In varied ways, they’re all taking advantage of current environments: they’re tuning into the natural world, connecting with existing popular amenities, or highlighting the region’s rich history.
Emerging Trends in Real Estate ® Global Outlook 2023sets out global real estate sector leaders’ expectations for the year ahead. Released at the MIPIM international exhibition, the report from ULI and PwC is a key indicator of sentiment in global real estate and investment and development trends around the globe.
In a market that has been disrupted by rising interest rates and unsteady financial markets, single-family rental investors and developers have not lost sight of the bigger picture. Demand for housing still exceeds supply.
Despite uncertainty for 2023, participants in a ULI Pittsburgh event in January said converting 18 to 20 buildings would transform the downtown.
In high-cost markets such as Los Angeles, modular construction is reducing the average cost per unit by more than 50 percent, in addition to higher retention for the workers assembling the units off site.