Just as a century ago, when the arrival of the personal automobile fundamentally changed our society, the advent of AVs as our main mode of transportation will trigger another shift in people’s lives. To ensure that the changes will enhance the urban experience, cities and their private sector partners need to start planning for this new world.Read More
The next-generation wireless telecommunications technology known as 5G, which will operate at vastly higher speeds and be able to handle many times more devices than existing 4G networks, is likely to have significant impacts on the real estate industry, a speaker said at the 2018 ULI Spring Meeting in Detroit.
Though driverless vehicles are expected to be commercially available in the next few years, the shift to their use is likely to occur gradually and in phases over several decades, panelists said at ULI’s Spring Meeting in Detroit. That long process will allow vehicles to be tested and improved. It also will enable the development of urban infrastructure—such as smart roads and traffic management systems that communicate continuously with many vehicles at once—that would make them work better, said panelists.
Detroit’s metropolitan area is slowly growing again, which means it’s time to focus on planning to accommodate more people in an area already light on transit infrastructure. For a place long known as Motor City, it has been an uphill battle to become a transit-oriented community, but what can the region do with its existing infrastructure in the short term?
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.
Urban planners and technology experts are hard at work bringing “smart city” technology—autonomous transportation, digital sensors, smart grids, and, yes, artificial intelligence—to a city near you. These were among the takeaways from a panel discussion at the 2018 ULI Carolinas Meeting in Greenville, South Carolina.
While the $1.5 trillion tax-cut bill passed by the U.S. House of Representatives is widely seen as beneficial for commercial real estate, one provision would eliminate a municipal financing tool that has been essential for housing, infrastructure, and industrial development investment for decades.
Ten facilities—all completed during the past five years—raise public transit’s profile with architectural flair while smoothing the way for commuters and travelers.
NBA champion and dedicated urban developer Earvin “Magic” Johnson Jr. is targeting a new prize—infrastructure. “If you look at infrastructure in America, it’s old,” he told the audience at the 2017 ULI Fall Meeting.
As Nashville prepares to turn its vision for a $6 billion regional transit plan into reality, the public and private sectors are exploring how transit can address other economic issues. ULI Nasvhille hosted a panel discussion on the opportunity for developers.