Economy, Market & Trends
Bringing Growing Employers and Mixed Use to a Former General Electric Site in Fort Wayne, Indiana
After nearly eight years, workers are returning to a former General Electric factory in Fort Wayne. A complex financial package helped create a new home for one of Indiana’s largest employers at this postindustrial site in the U.S. Midwest.
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In Brief: U.S. Convenience Store Count Inched Up in 2023, Breaking Four-Year Decline
There are 150,174 convenience stores operating in the United States, a 1.5 percent increase from a year earlier, reversing a four-year decline, according to the 2023 NACS/NielsenIQ Convenience Industry Store Count.
Read MoreUL Interview: A Deep Dive on Deepblocks, Bringing Demographic Data to Pro Forma Modeling
Deepblocks brings together the core components of the real estate development process—zoning, brokerage, architecture, design, construction, and so on—into one single process guided by artificial intelligence.
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California Relaxes Parking Mandates to Free Up Land for Multifamily Development—but Will Neighbors and Lenders Approve?
In the last year, the state’s government has taken robust legislative steps toward stemming the housing crisis.
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2022 Global Real Estate DEI Survey Results Show Broadening and Deepening of Programs
December 14, 2022The Global Real Estate DEI Survey 2022 suggests that commercial real estate companies are broadening and deepening their diversity, equity, and inclusion (DEI) programs and initiatives. Results also showed that 95 percent of respondents are addressing issues of DEI either by having a formal program or by enacting at least some initiatives and policies to improve the representation of women and underrepresented groups at their respective organizations.
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ICYMI: Most Popular UL Articles of 2022
December 13, 2022As we close the books on 2022, we look back on the topics that resonated most with the online readers of Urban Land in the past year.
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UL Interview: New York City CRE Owner Leslie Himmel on Finding “Brave Money” in a Down Cycle
November 28, 2022When Urban Land last spoke to New York City landlord Leslie Himmel of Himmel + Meringoff Properties in March, vacancy within the nation’s largest office market was hovering just below 10 percent. While that still registers below the market’s peak of 11.7 percent in 2010, according to Moody’s, that rate has continued to drift upwards since March. Urban Land recently sat down with Himmel for a lively discussion about doing business in a recessionary market amid rising interest rates, and her ongoing search for what she calls “brave money.”
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Investing in Livable Communities: ULI Advises on the Future of Charlotte’s LYNX Silver Line
November 23, 2022The Charlotte Area Transit System sought a ULI Advisory Services panel to advise on how plans for a Silver Line light rail in the next stage of transit development could help the city thrive and continue to grow sustainably.
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JPMorgan Chase Plans to Raise the Bar at New Manhattan Headquarters, Bet on Return to Office
October 28, 2022If the nearly $3 billion headquarters under construction in midtown Manhattan is any indication, JPMorgan Chase is bullish on the return to office and cities. David Arena, head of global real estate for the company, explained the project has long been in the works.
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Disrupted by Pandemic, Demand for Warehouse Space Still Flying High
October 27, 2022The COVID-19 pandemic made 2021 a historic year for the shipping and logistics industry, as rising e-commerce sent large retailers and general merchandisers scrambling for warehouse space to hold their inventory, supply-chain issues delayed shipments, real estate developers strained to keep up with demand, and local governments struggled to issue permits quickly with employees working from home.