At a panel discussion hosted by ULI Pittsburgh, experts highlighted the city’s interesting architecture, relatively affordable housing in walkable neighborhoods, and a strong outlook for the retail sector.Read More
With e-commerce’s stake in U.S. retail at less than 10 percent, suggestions of a “retail apocalypse” of brick-and-mortar stores is greatly exaggerated, panelists said during a ULI North Texas event on the retail sector. Still, panelists at an event in Dallas said the industry has to find new ways to reinvent itself and connect with customers in order to thrive.Read More
The Washington, D.C., region is shedding its reputation as a stodgy government town and emerging as a forward-thinking mecca for technology firms and young professionals. With eyes on attracting projects such as Amazon’s second headquarters, area landlords, brokers, architects, and economic development organizations are teaming up to ink leases with both high-profile and homegrown tech firms.Read More
Hong Kong has surpassed London’s West End as the world’s most expensive office market, according to new research from Cushman & Wakefield. Using proprietary data, the report ranks occupancy costs per workstation as well as workplace densities for newly developed or refurbished office space globally. At a global level, the average annual cost per workstation rose by 1.5 percent over the past 12 months.Read More
Public/private partnerships build a mixed-use, urban-scaled community in Union City, California.
Four takeaways on the use of data science to measure professionals’ interactions in new office designs based on the new Boston Consulting Group workplace at New York City’s 10 Hudson Yards.
Soaring rents have seen London’s New Bond Street rise to become the world’s third most expensive retail street, according to a report by Cushman & Wakefield. The annual Main Streets Across The World report, now in its 29th edition, tracks 451 of the top retail streets around the globe and ranks the most expensive in 68 countries by prime rental value using proprietary data.
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.
Trading Up: Dining, Leisure, Amenities, and the New Shopping Centre is the second report from the ULI Retail and Entertainment Council to look at the role that food and beverage (F&B) and leisure have in supporting shopping centers as they adapt to retail sales moving online. This year, the research extends that topic to consider how the addition of community amenities is also emerging among shopping center owners.
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.