Economic Development
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.
Despite a forecast for higher inflation and rising interest rates, experts continue to have a favorable view on returns and performance for commercial real estate. However, the high tide of the improving economy is not raising all boats to the same level. There remains a clear bifurcation across and within property sectors.
The success of Chicago’s push in recent years to support development near public transit had a problem, according to Charlton Hamer, senior vice president of local developer Habitat Affordable Group: The popularity of the new projects created inequity because many people could not afford to live in them.
A survey conducted this spring by the ULI Curtis Infrastructure Initiative found that while the Institute’s members disagree about what exactly constitutes infrastructure, there is broad agreement that infrastructure creates the framework to enable real estate development, ensure economic development and housing opportunities, and provide connections for diverse communities. Asked to cite their top priority for infrastructure investment, members most often cited the stock of affordable housing.
Four developers based in the Washington, D.C./Baltimore area discussed the “invisible threat” that the COVID-19 pandemic posed to real estate, recounting a volatile year and how it has affected the industry.
The Spring 2021 issue of Urban Land is now available for ULI members. The cover topic is “The Need for Housing: Finding solutions for an enduring problem.”
Washington, D.C., can advance the recovery of the business, tourist, and neighborhood activity in its central business district (CBD) through multiple community-led initiatives, according to a new ULI report, based on the first ULI Virtual Advisory Services panel (vASP).
A study by the U.S. Federal Reserve Bank of Philadelphia showed that tenants who lost jobs during the COVID-19 pandemic may have already amassed $11 billion in rental arrears. Procedures for evictions and foreclosures may be failing the most vulnerable tenants and landlords.
A recent ULI panel of development professionals partnered with the city of Tampa, Florida, to advise on the city’s major initiative to increase the availability of attainable housing throughout the community.