Economy, Market & Trends
At the 2021 ULI Fall Meeting, the Redevelopment and Reuse Product Council hosted a panel discussion of Englewood Connect, a project that is part of Chicago’s Invest South/West initiative on the South Side.
As much of the world transitions from an industrial to a service economy, the geography of innovation districts is displacing old industrial corridors—both in terms of their importance and sometimes literally—as old warehouses and industrial infrastructure are repurposed to act as technology accelerators and coworking spaces.
According to Placer Labs, these 10 growing retail chains had the foot traffic in 2021 to set them up for future growth in brick-and-mortar retail.
ULI recently joined a coalition of real estate associations to conduct the industry’s first global diversity, equity, and inclusion (DEI) survey. The results of the survey were discussed in a January webinar with 92 firms reporting some form of DEI initiative.
Founded by Goldie B. Wolfe Miller in 2007 to give back to the industry and help young women in the real estate field find their way to the C-suite, the Goldie Initiative has assisted more than 100 scholars from 16 top real estate graduate schools across the United States, with a record 28 scholars named in 2021.
Michael Spotts, a senior visiting research fellow at ULI’s Terwiliger Center for Housing and head of Neighborhood Fundamentals, recently appeared on the Talking Headways podcast. Spotts chats with us about takeaways from the Shaw Symposium on Urban Community Issues, the definition of infrastructure, and the importance of taking a systems approach to important interconnected topics like transportation, education, and health care.
ULI MEMBER–ONLY CONTENT: Speaking at the 2021 ULI Fall Meeting, panelists discussed recent transactions in the office sector and which segments had performed the best.
Members Only
The multifamily sector is successfully weathering the pandemic and construction continues to boom, leading the commercial real estate industry’s overall recovery. But development doesn’t appear even across multifamily market segments.
In 2015, North American Properties acquired Colony Square with plans to tear down the old office atrium and food court, double the amount of open space, and introduce resort-level hospitality, entertainment, and dining to the property.
U.S. senior housing occupancy increased for the second consecutive quarter and rose to 81.0 percent in the fourth quarter of 2021, a 1.0 percentage point increase from the third quarter and a 2.3 percentage point increase from a pandemic-related low of 78.7 percent in the second quarter, according to data from 31 metropolitan markets covered by the National Investment Center for Seniors Housing and Care.
Members Sign In
Don’t have an account yet? Sign up for a ULI guest account.