Economy, Market & Trends
View from the Top: IQHQ Cofounder Shares Lessons on Building What You Want
Tracy Murphy, cofounder and president of San Diego-based IQHQ, the life-sciences-centric REIT, has a drive and a hunger for success that cannot be stopped as the audience at the “WLI Presents: A View from the Top” at this year’s ULI Spring Meeting learned. IQHQ was founded around two years ago and has already become one of the largest property owners in the sector which she describes as “a sweetheart of a space.”
Read MoreUL Interview: Executive Search Firm CEO on the Shifting Mindset of Employees
Gemma Burgess, the incoming CEO of Ferguson Partners, a global executive search firm focused on the real assets industries, was in high demand as a speaker during ULI’s Spring Meeting in San Diego. Urban Land sat down with Burgess, who is also a member of ULI’s Office Development Product Council, to learn, among other insights, where real estate employees went after they resigned and why.
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UL Interview: Leslie Himmel on New York City’s Recovery, Revitalization, and Rebuilding
Despite ominous national headlines about New York City office, the vacancy rate is at 9.7 precent in the first quarter of 2022, a full 140 basis points above pre-pandemic levels, according to Moody’s. And, on the ground, New York City office landlords like Leslie Himmel, founder and co-managing partner of Himmel + Meringoff Properties, are doubling down on the city.
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Use of “Digital Twin” Modeling Could Transform Real Estate Industry
Real-time virtual models of objects, ranging from a building to an entire city, are an emerging concept that has the potential to transform the built environment and the real estate industry in numerous ways, according to the technology’s proponents.
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The Five Mind-Sets of Innovation
April 22, 2022Self-proclaimed “creative troublemaker” Josh Linkner, founder and chief executive officer of five tech companies that sold for a combined $200 million, delivered the keynote for the Closing General Session of the 2022 ULI Spring Meeting in San Diego.
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Coordinated Commuter Rail Would Support Equitable Regional Growth in Washington, D.C., Panelists Say
April 21, 2022A coordinated regional commuter rail system envisioned for the national capital region could unlock opportunities and increase equity for residents and neighborhoods, panelists asserted during a session Thursday at the 2022 ULI Spring Meeting in San Diego.
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Dr. Parag Khanna on Climate Migration and Future Population Centers
April 20, 2022Yesterday’s general session titled “Real Estate, Construction, Infrastructure, and Logistics” was delivered by Dr. Parag Khanna, managing partner of FutureMap and author of Connectography: Mapping the Future of Civilization.
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Talent and Tech, Not Just Buildings, Help Create Places That Succeed
Developers that want to build momentum and lure users, especially for big projects, need to think beyond the walls of their buildings and instead create places that become nodes for innovation, panelists said at the 2022 ULI Spring Meeting in San Diego. Economic clusters—places anchored by companies or institutions that attract other businesses and residents—are key, said panelists.
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Survey Finds Broad Support for More Housing in 26 U.S. Metro Areas
April 12, 2022There is broad support to allow accessory dwelling units, duplexes and triplexes in residential neighborhoods, according to a new Zillow survey covering 26 U.S. metro areas. A clear majority of homeowners surveyed (73 percent) voiced support for at least one of these “modest densification” options, and support was higher among renters (84 percent).
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Planning for a Retail Revival on Chicago’s Magnificent Mile
April 7, 2022For decades, the storied North Michigan Avenue shopping district has been a key engine driving downtown Chicago’s economy. But a slow decline already underway before COVID-19’s arrival accelerated as restrictions to contain the pandemic kept many tourists and local shoppers out of stores. City officials and local leaders are trying to lay the foundation for a turnaround after the release of a report from a panel convened by the Urban Land Institute’s Chicago district council.