Development and Construction
In February, Waterfront Toronto announced the winning submission for a new vision to transform a 12-acre (4.9 hectare) site into a community for residents and visitors to live, work and play.
ULI MEMBER–ONLY CONTENT: Members of ULI’s Public/Private Partnership Councils discuss how public/private collaborations are evolving; the effects of the COVID-19 pandemic; project types with strong potential for public/private partnerships in the coming year; ways to better incorporate provisions for sustainability, resilience, and equity; and other trends.
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Since 2019, Toronto’s Housing Now initiative has activated city-owned sites for the development of affordable housing within mixed-income, mixed-use, and transit-oriented communities.
At ULI’s Restorative Development: Infrastructure and Land Use Exchange forum in February, representatives of ReConnect Rondo shared their efforts to create a renewed neighborhood over Interstate 94 in Minnesota.
ULI MEMBER–ONLY CONTENT:When the old Michael Reese Hospital, dating to the 1880s, closed in 2009, the city rounded up the money to buy the 50-acre (20 ha) site, added more land around it, and then submitted a bid to host the 2016 Summer Olympics with a new stadium replacing the hospital as the centerpiece. Chicago eventually lost that bid but has not given up on the site since.
ULI MEMBER–ONLY CONTENT:In the past year, while investors have been eager to pour capital into the burgeoning build-to-rent (BRT) single-family residence market, in many cases they are finding plenty of roadblocks to profit, said panelists at the 2021 ULI Fall Meeting. Development sites are harder to find, the price of new construction has soared, and builders are finding they can make more money selling homes to buyers.
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After 75 years in operation, Bellevue Square in Bellevue, Washington, is an example of a living organic retail center for the community it serves.
An innovation district in Fremont, California, has helped revive a fading industrial expanse with access to San Francisco via Bay Area Rapid Transit.
Former ULI Global Chairman Owen Thomas, CEO of Boston Properties, joined Matt Slepin, founder and managing partner of Terra Search and a ULI Foundation Governor, for a recent episode of Leading Voices in Real Estate. Thomas discussed his commitment to the industry in key leadership positions, including serving as the immediate past Global Chair of the Urban Land Institute and his significant contribution to ULI’s Net Zero Imperative Initiative working to reduce our industry’s carbon footprint.
A Utah developer includes townhouses to densify one block in the downtown of a new community southwest of Salt Lake City.
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