Development and Construction
Debra March, the two-time Mayor of Henderson, Nevada’s second-largest city, has been named as the chair of ULI Nevada for a two-year term. March will also speak about her leadership at the 2024 ULI Fall Meeting in Las Vegas.
The National Retail Federation’s Hot 25 Retailers ranks the nation’s fastest-growing retail companies. Rankings are determined by increases in domestic sales between 2022 and 2023; all retail companies with global sales in excess of $2 billion, and key format leaders were eligible.
Las Vegas is betting on significant investment in public transportation to help generate thousands of new real estate developments along major city streets such as Maryland Parkway, one of the city’s most important corridors outside of the Las Vegas Strip.
ULI has announced the appointment of Mick Cornett, the former mayor of Oklahoma City, as the ULI Canizaro/Klingbeil Fellow for Urban Development. Cornett served as mayor of Oklahoma City from 2005 to 2018, leading a major redevelopment plan for the urban core, securing an NBA franchise to the city, creating an entertainment district that now attracts 2 million visitors a year, and generating 80,000 new jobs.
Real estate investors recognize the need to incorporate physical climate risks—including wildfire, hurricanes, and excessive heat—into their business models as the prevalence and severity of extreme weather events increase. Climate-risk analytics tools have proliferated in recent years to help investors assess, price, and mitigate these physical climate risks. Investors have welcomed these tools but face challenges selecting the right provider—or providers—to meet their business needs.
The history of Denver is closely intertwined with the South Platte River. From the city’s initial settlement along the riverbanks in 1858 to subsequent urbanization that altered its natural course, the South Platte has played a significant role in Denver’s evolution. For much of the 20th century, however, metropolitan development turned away from this vital waterway.
St. Louis, long known as the Gateway to the West, is rapidly becoming the gateway to the region’s future. Diverse communities have begun working together to make the city a major hub for cutting-edge innovations in aerospace, agriculture, finance, transportation, biosciences, entertainment, and much more. The St. Louis Economic Development Partnership is dedicated to finding economic development partners who can help companies thrive in greater St. Louis, regardless of their size, and at the same time help those companies to deliver new opportunities into under resourced neighborhoods.
Nevada, long synonymous with tourism and entertainment, is rapidly transforming into a manufacturing powerhouse. Spearheaded by Tesla’s massive gigafactory, the state has become a magnet for EV production, battery manufacturing, and other industrial sectors. With strategic incentives, a business-friendly climate, and prime geographic location, Nevada is luring companies away from high-cost states like California. However, challenges such as water scarcity and federal land ownership must be addressed to sustain this burgeoning industry.
Chicago has become one of the many major cities nationwide whose downtown office market has been negatively affected by the pandemic and the associated increase in remote work. To boost development in its downtown core, the city of Chicago recently announced that it will offer $150 million in subsidies to real estate developers. The move will help develop more than 1,000 apartments in four separate adaptive-use developments.
Supertall creates a “palpable energy” that speaks to New York’s resilience and the future of cities