Ten years ago, San Antonio’s bond program dedicated a mere $10 million to downtown improvements. In 2012, that number had jumped to $90 million, and the most recent bond initiative, passed in May, earmarks $170 million for downtown projects.Read More
With a handful of WELL-certified projects now in operation and hundreds in the certification pipeline, real estate owners and developers are starting to take a hard look at the business case for healthy building certification.Read More
Sales per square foot at all but a few public retailers have declined to an average of $325 ($3,498 per sq m), down from nearly $375 ($4,036 per sq m) in the early 2000s, according to research by CoStar. But while e-commerce has been disruptive to traditional retailers, several companies, including Apple, Tiffany, and lululemon, have managed to increase sales.Read More
Parking is a big issue in the Dallas/Fort Worth region, an area that 3.4 million more people are expected to call home between now and 2040, raising the total population to 10.6 million while adding 2.3 million more cars to clogged roadways. At an event in Dallas, land-use experts considered several solutions for a flexible future.Read More
The LifeHub@Kunshan complex, just a brief train ride from Shanghai, integrates workforce housing, shopping, entertainment, e-commerce—and local culture.
For more than a decade, the brick “two-flat” on the 900 block of North Drake Avenue on Chicago’s West Side had been vacant. But by the time the school year begins this fall, the West Humboldt Park home will have a new occupant. A major reason for this property’s happy ending is the involvement of a land bank that acquired the building and wiped out its back taxes and encumbrances, making it easier for someone to purchase the property and improve it.
With portable electronic devices allowing people to work from anywhere and at any time, the lines dividing office, hospitality, and home design are blurring.
For those who invest in real estate in the Golden State, it makes sense to ask where the greatest need for investment lies. The most pressing need is arguably for additional housing close to jobs, which therefore represents the most interesting opportunity for investors.
The Minneapolis/Saint Paul metropolitan area is a prime example of how strong employment growth is putting a strain on the housing supply available in many U.S. cities. Since 2000, the number of Twin Cities households that face a housing cost burden—defined as spending more than 30 percent of their income on housing—has increased by 25 percent to a total of 199,000 households as of 2015, according to the Metropolitan Council.
Commercial property owners are rethinking their skepticism toward energy storage systems, with battery prices dropping and third parties offering new financing models.