Development

Northern Italy Positioned to Rebound from Pandemic, Says Milan’s Deputy Mayor

Northern Italy, one of the hardest-hit areas during the early days of the COVID-19 pandemic, is poised to come out of the pandemic far stronger, with a greater emphasis on green space and social cohesion, said Pierfrancesco Maran, deputy mayor for urban planning, green areas, and agriculture of the municipality of Milan, speaking at the 2021 ULI Virtual Europe Conference.

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In Brief: New Home Lot Supply Drops to Cycle Lows

According to data provider Zonda, the U.S. New Home Lot Supply Index came in at 63.5 for the third quarter of 2020, representing an 8.9 percent drop year over year. Hear more about trends in U.S. housing policy and development at the 2021 ULI Housing Opportunity Conference.

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In Brief: Top-Selling Master-Planned Communities for 2020

The Villages, a retiree-focused community northwest of Orlando, in 2020 once again topped RCLCO’s listing of the 50 top-selling U.S. master-planned communities. Total new home sales among the communities were 20 percent higher in 2020 than the previous year, RCLCO reported.

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Real Estate Art: Advocating for Better Use of the Industry’s Support for Artist Communities

Smarter investments in art could benefit real estate developers and the communities in which they invest. In the long term, a well-designed art intervention will add value to the property and create impact.

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