Commercial structures could be a formidable barrier to 5G wireless.
A nervous system capable of collecting data and a brain that is able to make use of it are vital to a system that meets the needs of stakeholders—and society.Read More
The Dodge Momentum Index, a monthly measure of the initial report for U.S. nonresidential building projects in planning, rose 6.9 percent month over month in October. The increase was due to a recovery in institutional planning projects, which had stepped back over the previous few months. Institutional planning moved 22.8 percent higher in the month while commercial planning lost 0.5 percent.Read More
The tech industry has claimed an increasingly larger share of major U.S. office-leasing activity as real estate and economic indicators point to continued momentum for the sector over the next two years, according to CBRE’s annual Tech-30 report. CBRE’s analysis found that tech companies accounted for 21 percent of major office-leasing activity in the first half of this year, up from 11 percent when CBRE began tracking the figures in 2011.Read More
Hotels and office buildings are taking on many of each other’s characteristics in terms of design and use. This confluence has several drivers, among them the evolution of technology, shifts in guest and tenant expectations, and the increasing mobility of the American workforce.
For more than a decade, online hospitality marketplaces such as Airbnb, HomeAway, Vrbo, and others have disrupted the global lodging industry by offering inexpensive short-term rental accommodations. But almost from their inception, these online marketplaces have been at loggerheads with officials and local communities who blame the firms for reducing tax revenue, causing havoc in some neighborhoods, and raising housing prices.
A midyear survey of home sales rates at the 50 top-selling master-planned communities (MPCs) in the United States indicates the potential for a 10 percent increase by the end of 2019 compared with last year. That exceeds expectations, according to RCLCO’s report, Top-Selling Master-Planned Communities Mid-Year 2019. The listed communities, on average, are experiencing 3 percent growth in sales over midyear 2018.
The Dodge Momentum Index moved 4.1 percent higher in September to 143.6 from the revised August reading of 137.9. The gain in September was due entirely to an 8.9 percent increase in the commercial component, while the institutional component fell 4.8 percent.
With an unemployment rate of 2.6 percent, a diverse economy anchored by health and education institutions, and a flourishing tech and life sciences sector, Greater Boston appears poised for continued growth, even with the specter of a potential recession on the horizon. But, like many other growing U.S. cities, the demand for housing far outstrips the supply. Much of the expanding workforce is in danger of being priced out of the market, as are many longtime residents.
What are the possibilities for bringing urban-style living to the suburbs? ULI members discuss the challenges of integrating a mix of uses, how suburban jurisdictions can foster more development, and other trends.