Development and Construction
New Yorkers have gotten used to watching the sun set behind the piers and towers of Jersey City, the major metropolis of New Jersey’s so-called Gold Coast. But for many years, Jersey City’s glittering line of luxury apartments and office blocks stopped at the water’s edge. Tucked behind modern high-rises, the rest of the city was a patchwork of charming historic districts, aging apartment buildings, public housing, and contaminated, abandoned industrial sites.
As the recent cultural and real estate realignment called “The Great Mall Sorting” continues, A-plus malls are thriving, while the B and C properties are gradually being repurposed, reused, and completely rethought, according to architect Sean Slater, senior principal at the architectural firm RDC in San Diego.
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The mental and physical benefits of being close to bodies of water—or “blue space”—have made headlines amid growing consumer interest in health and wellness. Scientific studies have shown the positive impacts of living and spending time near oceans, lakes, ponds, and rivers—benefits including reduced stress and anxiety, improved sleep, and generally a healthier and more active lifestyle.
Arizona is at the epicenter of an evolving dynamic that can best be described with a phrase uttered by a panelist at ULI Arizona’s Trends Day 2024—disruption equals opportunity.
Program to combine in-depth real estate value chain expertise with key leadership skills.
Developer Quintin Primo, who has done more than $14 billion worth of transactions over his decades-long career, is currently eyeing revitalizing Chicago’s Loop in his hometown, among other projects.
Throughout his storied career in real estate, housing, and urban development, Sandy Apgar was an advisor to senior industry leaders on strategy and management, a public official tasked with improving housing for military families, and a prolific author on topics such as new towns and public-private partnerships.
Real estate market participants are in the midst of a “Great Reset” when it comes to adjusting views related to pricing, risk, and return expectations in an environment marked by higher interest rates and slower economic growth. The need to align thinking and strategies to fit current market dynamics is one of the key themes in the 2024 Emerging Trends in Real Estateforecast for the United States and Canada.
Cambridge Crossing, a 4.5 million-square-foot (418,063.7 square meters) mixed-use space in Cambridge, Massachusetts, was one of this year’s recipients of the ULI Americas Awards for Excellence. The roughly 43-acre (17.4 hectares) project, built at the site of an abandoned railyard, has about 2.4 million square feet (223,027 square meters) of residential space, including about 2,700 residential units, and the project had multiple master plans from different developers, dating as far back as 2003.
Dan Parolek, an architect and urban designer and founder of Opticos Design, wrote a book on addressing the gap between single-family homes and large apartment complexes. Parolek recent spoke on a ULI webinar on housing solutions.
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