Autonomous vehicles, smart cities, and how Arizona is poised on the leading edge of what Timothy Burr, director of public policy for Lyft, dubbed “the third transportation evolution” were the recurring themes of ULI Arizona’s latest Trends Day.Read More
High construction costs and low inventories are driving home prices ever higher in some of America’s fastest-growing cities, said panelists speaking at a recent ULI Colorado event.Read More
Today’s young professionals with discretionary income are asking for deeper engagement with their surroundings, a greater sense of ownership, and fewer barriers between work and play, connecting on a personal and emotional level with their environment. Panelists speaking at ULI’s 2018 Carolinas Meeting in February discussed what that might mean for the marketing and design of retail, office, and residential projects.Read More
The growing popularity of online grocery shopping could result in demand for up to 35 million square feet (3.25 million sq m) of U.S. cold-storage space shifting from retail stores to warehouses and distribution centers within the next seven years, according to a report from CBRE.Read More
Strong economic fundamentals, a favorable regulatory environment, and plenty of capital to deploy bode well for real estate investments, acquisitions, and development in 2018.
In early March, the city of San Antonio celebrated the opening of a new park. Named Confluence Park, it sits on about 3.5 acres (1.4 ha) where two major rivers meet. The park—a former construction storage yard—was ten years in the making, costing about $13 million.
In Detroit, as in many cities across the United States, a distinctive type of open space—the urban garden—has emerged as another type of civic asset.
While commercial real estate investors generally take a positive view on coworking, maintaining a balance of traditional and coworking space in a building is critical when it comes to creating long-term capital value. According to a CBRE survey, investors say that a coworking occupancy of a third of the space or less, with a qualified operator, supports a healthy capital value.
E-commerce has finally arrived in Singapore in a big way. Amazon has appeared on the island’s shores, joining local etailers like Zalora and RedMart, and with meal delivery apps such as Deliveroo, FoodPanda, and UberEats, restaurant-grade food can come straight to your door. Nonetheless, the pipeline for brick-and-mortar retail remains strong, with a total of 509,000 square meters (5.5 million sq ft) of retail space of projects in the pipeline.
James Rouse’s visionary development is 50 years old. The process of urbanizing its town center may create a model for other suburban developments.