Amazon has announced plans to provide more than $124.4 million to build 1,060 affordable homes near four public transit sites while working in partnership with the Washington Metropolitan Area Transit Authority and Sound Transit to complete the developments. This is part of Amazon’s $300 million transit commitment from 2021 to create 3,000 new affordable homes in collaboration with the transit agencies in each region.

At the 2022 ULI Housing Opportunity Conference, a session looked at the high cost of the gap between U.S. population and job growth and the creation of housing where people want to live.

Fast Companyhas released the magazine’s annual Most Innovative Companies list for 2022 across 52 categories. ULI member firm Avison Young was named in the category of urban development.

In February, Waterfront Toronto announced the winning submission for a new vision to transform a 12-acre (4.9 hectare) site into a community for residents and visitors to live, work and play.

Since 2019, Toronto’s Housing Now initiative has activated city-owned sites for the development of affordable housing within mixed-income, mixed-use, and transit-oriented communities.

At ULI’s Restorative Development: Infrastructure and Land Use Exchange forum in February, representatives of ReConnect Rondo shared their efforts to create a renewed neighborhood over Interstate 94 in Minnesota.

The next decade will be a critical period of change, with ongoing uncertainty amid the big evolution in technology, data, and laws. Commercial real estate market players may shift their strategies, affecting capital flows into and out of the asset class.

The ULI Europe Young Leaders Group, which currently includes over 1,100 members, is launching a new initiative looking at bridging the knowledge and innovation gap between the decarbonization goals set out by our industry/governmental leaders and the tools at our disposal to meet them. Several leading members recently hosted a roundtable discussion on this issue and provided a summary of the key takeaways and next steps to tackle this important issue.

One company is building mobile applications to bring a deeper sense of community and communication to master-planned communities.

ULI MEMBER–ONLY CONTENT: How can urban cores rebound from the pandemic? Members of ULI’s Urban Revitalization councils discuss the pandemic’s potential long-term effects on development in urban cores, opportunities for creative redevelopment, steps that municipalities can take, ways to enhance resilience in urban cores, and other trends.