The U.S. housing affordability crisis has both sharpened and spread significantly in the last decade: once largely confined to the coasts and the Southwest, it now extends to nearly every state. The number of metropolitan areas that underproduced housing rose from 100 to 169 between 2012 to 169 in 2019; nationally, underproduction nearly doubled in the same time period, from 1.65 to 3.79 million units.

What ULI members need to know to ensure that revenues support equitable decarbonization of the built environment.

Launched in fall 2020, Delve is an evaluation tool that uses artificial intelligence, Geographic Information System, and user input to optimize real estate development by Sidewalk Lab. Currently available on an engagement model, Delve pairs users with a team of consultants to generate highest and best use design options and help find design solutions for the nuances of complex projects. An updated version will be released later this year.

ULI has announced the 2022 New Real Estate Vanguard, made up of ten outstanding contributors to the real estate sector from across the European region. Selected by the European Young Leaders Group of the ULI and Property EU, each will be featured in the second annual Real Estate Vanguard podcast series.

The Institute has announced 21 finalists for its 2022 ULI Americas Awards for Excellence, one of the most prestigious awards programs in the real estate industry. This year’s finalists include 19 developments in the United States and two in Canada.

Developers that want to build momentum and lure users, especially for big projects, need to think beyond the walls of their buildings and instead create places that become nodes for innovation, panelists said at the 2022 ULI Spring Meeting in San Diego. Economic clusters—places anchored by companies or institutions that attract other businesses and residents—are key, said panelists.

The Dodge Momentum Index, a leading indicator for U.S. commercial real estate activity, increased 4 percent in February to 158.2, from the revised January reading of 151.9. In February, institutional planning rose 9 percent, and commercial planning moved 1 percent higher.

BREEAM, the sustainability assessment method developed by BRE Global (‘BRE’), has announced that Mountain Technology Center—MetLife Investment Management’s development featuring five state-of-the-art manufacturing warehouses in Tracy, California—is the first U.S. development to earn BREEAM International New Construction (‘INC’) certification.

Fast Companyhas released the magazine’s annual Most Innovative Companies list for 2022 across 52 categories. ULI member firm Avison Young was named in the category of urban development.

The Delaware River Waterfront Corporation of Philadelphia can create a new neighborhood along the southern reach of the Central Delaware River by leveraging the reuse of old industrial piers as resilient, ecological infrastructure in order to anticipate the risks associated with sea-level rise, according to a new report released by ULI.