Economy, Market & Trends
Relatively low-cost housing combined with cultural amenities such as arts institutions and regional parks in and around Cuyahoga County, Ohio, as well as broader affordability and livability compared with other cities, are helping spark a wave of millennial migration to northeast Ohio. In addition, two aging malls in the region are being recast as distribution centers for Amazon, said speakers at a ULI Cleveland event in February.
Kansas City’s suburbs have fueled population growth in the metropolitan area over the last 70 years, a post–World War II pattern common across most large cities in the United States, and it does not appear that expansion is slowing anytime soon, even as parts of Kansas City’s urban core are also enjoying a resurgence, said panelists at a recent ULI event in Overland Park, Kansas.
The Winter/Spring 2018 Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate Survey reflects the favorable changes to the commercial real estate market caused by the recent federal tax overhaul. Survey participants predict that it will cause moderate though uneven growth.
A forgotten area in the Polish capital now sports a 49-story tower lauded for high design and public spaces.
With the Texas economy firing on all cylinders, 2018 looks to be another good year for many industries, including residential real estate and both the energy and industrial sectors. But key demographic changes could challenge the future prosperity of Texas and other states, according to the U.S. Federal Reserve Bank president for the region speaking at a ULI event in Dallas.
At a recent ULI Cincinnati event, panelists agreed that a midsize market like Cincinnati needs cooperation between the public and private sectors to move things forward.
Since 2004, over $1 billion has been invested in redevelopment and new construction in downtown Cincinnati and the adjacent Over-the-Rhine neighborhood. Representatives from Erie, Pennsylvania; St. Louis; and Atlanta have visited the city in the last year to see how a combination of nonprofit redevelopment, historic preservation, land banking, and strategic acquisitions, funded by tax credits and corporate investments, have turned things around.
As we close the books on the year, we wanted to look back on the topics that resonated with the readers of Urban LandOnline in the past year. Here are the top five most popular articles from 2017.
The highly coveted second corporate headquarters of e-commerce giant Amazon.com would be a welcome addition to Austin, but the $5 billion project undoubtedly would produce more housing and transportation woes in one of the fastest-growing regions of the United States, said panelists at a ULI Austin event.
At a panel discussion hosted by ULI Pittsburgh, experts highlighted the city’s interesting architecture, relatively affordable housing in walkable neighborhoods, and a strong outlook for the retail sector.
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