With e-commerce players remaking the retail sector, industrial real estate developers are hustling to provide the infrastructure needed to get packages to doorsteps in hours instead of days.
Imagine arriving home after a long day at the office and calling room service to have a chef-prepared meal delivered to your door. For residents of Nashville’s new, innovatively designed Aertson Midtown building, that is not wishful thinking. They simply place an order with the signature restaurant of the Kimpton hotel that shares their apartment building.Read More
Improved U.S. office market fundamentals should continue, downtown markets will receive a disproportionate amount of new supply, the tech sector likely will remain a primary demand driver, and occupiers will pursue space efficiency and agility this year, according to a CBRE report.Read More
In many ways, San Diego illustrates the challenges facing many attractive U.S. cities, including the demand for affordable housing, struggling retail, and the need for more senior housing. At the top of the list is a strong community wariness of any new development, which has made it difficult to build meaningful mixed-use projects, said speakers during a January panel discussion organized by ULI San Diego–Tijuana.Read More
U.S.-based hotel chains continually aim to one-up the competition in order to attract customers—particularly younger ones—to their properties and loyalty programs. Now Hilton is surging ahead with its “Connected Room” concept, which allows guests to personalize and control every aspect of their experience using their smartphones.
E-commerce’s explosive growth, an emphasis on speeding up supply chain fulfillment, and robust leasing demand among traditional warehouse users are dramatically influencing the industrial property market. Several quarters of healthy absorption and strong rent growth across most U.S. markets not only have turned the cavernous boxes into commercial real estate darlings, but also are driving a warehouse construction boom that is churning out larger buildings designed to enhance rapid delivery.
According to a recent report from RCLCO, home sales at America’s 50 top-selling master-planned communities surpassed the 2016 totals by more than 17 percent last year. The Villages in Central Florida’s 2,231 sales puts them in the top spot again, while California’s Irvine Ranch, with sales of 1,814, comes in at second place, followed by Florida’s Lakewood Ranch, with 1,206 total sales.
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.
When three national magazines — U.S. News & World Report, Food & Wine and Travel + Leisure — give you glowing reviews, you must be doing something right. Such is the case with Hotel Emma, a 146-room luxury hotel that’s one of the numerous fascinating facets of San Antonio’s mixed-use Pearl complex, which rose from the historic but neglected Pearl Brewery.
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.