The Wilshire Grand Center, which officially opened in June, soars 73 stories, making it, at 1,099 feet (335 m), the tallest building west of Chicago. The tower’s curvilinear silhouette and crown have dramatically altered the city skyline.Read More
When it opened more than 100 years ago, Lorton Reformatory in Virginia was anything but an ordinary prison. It was only fitting that when it came time to adapt and reuse the historic property after the prison closed, it also required creativity.Read More
With so much about the built environment now under scrutiny, the Urban Land Institute’s work has never been more necessary or relevant.Read More
The lack of affordable housing for the growing senior population in the United States is a looming crisis and deserves more attention and resources from both the private sector and government, according to a leading advocate for aging issues. But affordable senior housing can become a platform for integrating services for low-income seniors and be an economic driver in communities by more efficiently delivering health care and other long-term support.Read More
Lowell, Massachusetts, received a major boost in ongoing efforts to transform into a center of innovation when Kronos—a homegrown Massachusetts workforce management software and services company—decided to relocate its global headquarters, taking a half-million square feet (46,500 sq m) close to the city’s revitalized downtown.
State governments, in partnership with cities and other local jurisdictions, can and should do more to promote housing development and choice through smarter local land use policies and incentives, according to a new ULI report.
Supported by a new half-cent tax that could fund an estimated $120 billion worth of public transit improvements over the next 40 years, the region is ramping up the creation of TODs not only in downtown, but also along transit lines further out.
At the ULI UK Annual Conference, land use experts discussed changing consumer expectations, with experiences serving as a key status symbol, augmented by the digitization of those experiences. With billions of people across the world now able to purchase the status symbols of old—cars and handbags, for example—experiences and other less tangible elements are the new status symbols and need to be sharable on social networks.
Texas markets are meeting a healthy demand for multifamily housing from millennials who are reaching renting age and baby boomers who are downsizing, while attracting investment from around the United States. At a recent conference, speakers said that fundamentals were generally strong with higher cap rates possible in tertiary markets such as Midland-Odessa, Waco, and Lubbock.
It was not just Hurricane Katrina that convinced BP to build Helios Plaza, its new mission critical–type facility in Houston, with a strong resilience program. It was also the mundane reality that flood-prone Buffalo Bayou is only blocks away from its campus and that the electricity grid in Texas is painfully challenged.