<b>Equitable Development</b>
Innovative technology platforms already are helping many owners operate apartment buildings more efficiently and improve services for tenants. But experts say that is just the start of a revolution that could transform the multifamily segment.
While private infrastructure can help to fill many gaps where municipal budgets are constrained and standards for safety and accessibility can be maintained, it can come with challenges as well. Where are private streets most feasible and effective, how does context matter, and what policies can ensure that they are done right?
For some members of the ULI Foundation’s Governors Society, philanthropic giving is a way to support the Institute’s efforts to remedy the worldwide shortage of attainable housing, reduce carbon output to fight climate change, and educate a diverse future generation of leaders for the real estate profession. For other governors, their philanthropy is a gesture of gratitude for the role that ULI has played in their professional careers and achievements, or a way to honor friends they made through the organization. And some just want to be an inspiration to other ULI members.
Ethnic and cultural diversity, combined with a reputation as a welcoming place for immigrants, has long been a strength of the Greater Toronto Area—and it has also influenced the city’s development, panelists cautioned at ULI’s 2023 Spring Meeting.
At the recent 2023 ULI Spring Meeting in Toronto, panelists noted that transaction volumes have dropped significantly with the slowing of lending and bank failures.
In the heart of Toronto, a revolution is unfolding underground. Beneath the bustling streets and towering skyscrapers, a network of pipes is tackling the climate crisis. The story of Toronto’s Deep Lake Water Cooling system and its potential to reshape the approach to sustainable development was told during a session at the ULI Spring Meeting in Toronto.
At a 2023 ULI Spring Meeting panel titled “View from the Top,” Tsering Yangki, executive vice president at Dream Unlimited, one of Canada’s leading real estate companies, with over $23 billion in assets across North America and Europe, spoke with WLI chair Ellen Klasson, managing director at RCLCO.
Shopping malls, the once-bustling hubs of commerce and community, are now facing an uncertain future in light of relentless urbanization and population growth. But as the city evolves, so too must these giants. At the 2023 ULI Spring Meeting in Toronto, industry leaders tackled this very question in the panel titled “Reimagining the Mall: The Final Urban Frontier.”
ULI’s fourth annual Resilience Summit in Toronto featured a panel of affordable housing and climate crisis experts offering solutions in the face of sobering odds.
In a report that emphasized upward mobility and inclusion in Indiana’s second largest city, a ULI Advisory Services panel for the Electric Works redevelopment project in Fort Wayne, Indiana, focused on the economic importance of being a destination with an “open tent.” That means having real and stated plans that emphasize the inclusion of the entire region.
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