Economy, Market & Trends
Destination Crenshaw: A Model for Community Engagement in Los Angeles
Destination Crenshaw, a transformative 1.3 mile infrastructure project scheduled to open in fall 2022, was the focus of a ULI Los Angeles virtual event in July, highlighting plans to boost the Crenshaw community through economic development, job creation, and environmental healing, while elevating Black art and culture.
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In Brief: Faith-Based Institutions Adding to the Housing Stock in Cities
The City of San Jose, California, is considering encouraging churches and other institutions to convert underused parking lots to create much needed affordable housing. Other cities such as San Antonio and Montgomery County, Maryland, are looking at how other assets or acquisitions could be better used, particularly to accommodate refugees.
Read MoreSolution File: A “Metric Acre” Would Integrate American Development Practices with Global Measures
The metric acre could fill a missing intermediate scale between square meters and hectares and, like the metric ton, bridge the gap between the imperial and metric systems.
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Chicago’s Equitable TOD Plans Call for Vibrant Community Centers in Underinvested Areas
Chicago’s Equitable Transit Oriented Development Plan, published in June of this year and driven largely by the mayor’s office and the community collective Elevated Chicago, hopes to close some of the gaps created in the original 2013 ordinance.
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JLL Betting $100 Million on Global Growth of Proptech
September 1, 2021ULI MEMBER–ONLY CONTENT: JLL’s 2021 Global Proptech Report identifies nearly 8,000 property technology companies around the world with a threefold increase over past 10 years. But JLL is also betting on further growth in the space with with $100 venture capital fund of its own.
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New ULI Report Investigates Intersection of Broadband Infrastructure and Real Estate
August 27, 2021The real estate industry can simultaneously combat inequality and boost property values by improving broadband access, according to a new ULI report. Broadband and Real Estate: Understanding the Opportunity, from the Institute’s Curtis Infrastructure Initiative, makes clear that high-speed internet is no longer a luxury but a necessity for participating in society and the economy.
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Work/Life Rebalance: Can “Workations” Help Stem Japan’s Rural Decline?
August 20, 2021For those fortunate enough to be able to work remotely, “workations” have emerged as a blend of remote work and leisure outside the confines of a home office. A workation in Japan is a remote work arrangement with elements of a retreat, a dose of nature, and perhaps a taste of small-town life mixed in.
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In Brief: U.S. Parking App Usage Surpasses Pre-Pandemic Levels
August 17, 2021According to data provider Apptopia, mobile applications, such as SpotHero and ParkMobile, have now exceeded their January 2020 levels by 6.2 percent in terms of monthly average U.S. users.
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Book Review: Furthering Fair Housing: Prospects for Racial Justice in America’s Neighborhoods
August 13, 2021In Furthering Fair Housing: Prospects for Racial Justice in America’s Neighborhoods (2021, Temple University Press), influential housing thought leaders delve into the history of the fair housing and community development movements that have worked to improve housing opportunity for nonwhite households and provide perspectives on potential pathways forward.
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Now Arriving: Amazon Air Launches State-of-the-Art Air Cargo Hub in Northern Kentucky
After more than four years of planning and construction, operations have begun at the Amazon Air Hub at the Cincinnati/Northern Kentucky International Airport. This $1.5 billion investment in Northern Kentucky will eventually create thousands of jobs for people from various backgrounds, including load planning, management of package sortation, and robotics technology.