Economy, Market & Trends
ULI MEMBER–ONLY CONTENT: What will the new post-COVID tech-enabled workplace look like? Experts and members of ULI’s European Technology and Real Estate Council discuss how the COVID-19 pandemic will reshape expectations, practices, and technologies in the long run; the changing relationship between building owners and tenants; the potential effects on providers of shared and flexible office environments; and other trends.
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According to data provider Zonda, the U.S. New Home Lot Supply Index came in at 63.5 for the third quarter of 2020, representing an 8.9 percent drop year over year. Hear more about trends in U.S. housing policy and development at the 2021 ULI Housing Opportunity Conference.
ULI full member Christopher Coes has jointly published a multimedia essay through the Brookings Institution titled “The Great Real Estate Reset,” which cites the cyclical nature of the U.S. real estate industry as a whole and the opportunity to think differently in the year ahead given the current economic situation.
The East Village neighborhood in downtown Kansas City, Missouri, has been selected as the study site for the Institute’s 19th annual ULI Hines Student Competition.
Over the last 100 years, more than 4,200 buildings have been converted into office space through adaptive use across the United States, according to a report from data provider Yardi’s Commercial Search. Primarily, those conversions were from industrial space (61 percent), followed by retail (19 percent) and residential (5 percent).
Smarter investments in art could benefit real estate developers and the communities in which they invest. In the long term, a well-designed art intervention will add value to the property and create impact.
ULI MEMBER–ONLY CONTENT: A ULI Houston member shares how the multifamily construction industry is using “pull planning” to boost productivity and efficiency as costs rise.
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Well-prepared food of practically any cuisine you can imagine, delivered to you with the help of busy drones and robots. In the not-too-distant future, this could be an everyday reality for people in cities all over the world, said a speaker at the the ULI Asia Pacific Leadership Convivium.
Despite the office sector’s current bleak outlook, the longer-term outlook is much rosier, speakers said at the ULI Virtual Fall Meeting.
Agile workplaces, equipped with the right technology to accommodate remote and in-person employees, and with equitable access to work-supporting resources, are likely to emerge in the pandemic’s aftermath, said experts from Zendesk, Gensler, and LinkedIn.
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