Market Trends
Family-Oriented Rental Housing: Filling an Urgent Need and an Untapped Opportunity
The family-oriented U.S. rental housing market stock has failed to focus on older millennials with families who require larger units, according to a new ULI report.
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Life Sciences Continue to Be Driving Force in the Boston Metro Area’s Economy
While the various segments of the Greater Boston commercial real estate industry grapple with how to return to operations safely as the global pandemic persists, the region’s life science sector continues to thrive. Acquisition, development, and leasing of laboratory properties remain robust in Boston and Cambridge as well as in the submarkets, according to a panel of life science property owners recently assembled for a ULI Boston webinar.
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222 Taylor: Affordable Family Housing Takes Root in San Francisco’s Tenderloin
Public subsidies, persistence, and innovative design decisions helped create homes for some of the poorest residents of San Francisco.
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Reflections on Race, Equity, and a Mandate for Action
A member co-chair of the ULI Washington Diversity and Inclusion Working Group writes about the recent events in Washington, D.C., and beyond.
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Tracking China’s Burgeoning Recovery from COVID-19
June 9, 2020When the SARS epidemic surfaced in China in 2003, the impact on domestic real estate was severe but fairly short-lived, with rents and prices rebounding quickly once the outbreak had peaked. The fallout from COVID-19, however, promises to be more profound, as shrinking global demand for Chinese products turns the screw on firms that have only recently restarted operations, said industry experts working in the region.
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Repurposing Flexible Spaces Helping Singapore Developers Recover
May 28, 2020Panelists at this year’s ULI Singapore Conference, held virtually for the first time, discussed the challenges they face as developers with recent workplace disruptions, how to allow for working remotely while catering to the needs of stakeholders, and the lasting impact the pandemic will have on commercial real estate as a whole.
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Drawing High-End Consumers Back to Mixed-Use Retail
May 27, 2020In a discussion of the ongoing transformation of U.S. retail, panelists participating in the ULI Spring Meeting Webinar Series agreed that the authenticity, differentiation, and transparency creating a sense of place in mixed-use retail spaces are likely to be what consumers seek in the future. Single-use spaces are about convenience, but that is only half of what consumers say they are looking for.
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In Brief: Where the Residential Growth Has Been in U.S. Neighborhoods
RCLCO’s Neighborhood Atlas framework initially examined the 50 largest metropolitan areas in the country to classify each of their suburbs into one of five categories. RCLCO has expanded its analysis to cover six different types of urban neighborhoods as well, expanding to 100 of America’s largest metropolitan areas.
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Sidewalk Labs Planning Its Next Steps for Urban Innovation
May 15, 2020Sidewalk Labs recently announced that it would withdraw from a proposed smart city project in Toronto. But Sidewalk is already in talks to repurpose those innovations, said participants in ULI’s Spring Meeting Webinar Series.
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In Brief: London and Hong Kong Remain the Most Expensive Cities for Construction
May 11, 2020New York and San Francisco are the most expensive cities in the United States for construction, according to Arcadis’s 2020 International Construction Cost Index, produced by international design and consultancy firm Arcadis. Both are in the top five internationally, with London, Hong Kong, and Geneva leading the list overall.