Industry Sectors
The city of Chicago’s Troubled Building Initiative was selected by the ULI Terwilliger Center for Housing as the winner of the 2016 Robert C. Larson Housing Policy Leadership Award, an annual recognition of the innovative ways the public sector is addressing the country’s affordable housing crisis.
In the late 2000s, Anthony E. Malkin, chairman and chief executive of Empire State Realty Trust, joined forces with a coalition of businesses and environmental organizations to launch an ambitious $20 million retrofit of the Empire State Building with the aim of reducing the iconic New York City office tower’s energy consumption and greenhouse gas emissions by more than one-third.
Combining the best of urban and suburban living, they will meet the needs of more demographic groups, according to a new ULI report, Demographic Strategies for Real Estate, prepared for ULI’s Terwilliger Center for Housing by John Burns Real Estate Consulting.
When art and cultural features take center stage in development, benefits accrue to the whole community.
One of the largest eat/work/ play/live developments in Texas, the $3 billion Legacy West project is attracting companies like Toyota, FedEx, JPMorgan Chase, and Liberty Mutual by focusing on the interests of generation X and millennial employees.
The challenges and opportunities associated with creating effective public/private partnerships in the current economic environment are explored in Successful Public/Private Partnerships: From Principles to Practice, a new ULI publication.
Mercantile Place is a rental apartment community in downtown Dallas consisting of four separate and diverse buildings with a total of 704 apartments. Two of the apartment buildings were converted from office buildings, one of which was historic; the third is a renovated historic apartment building previously converted from office space; and the fourth is a new 15-story apartment building. Though the buildings are located on three separate blocks, they share amenities and parking, and the four buildings have been positioned and marketed together as one residential community.
Affordable housing means many different things across the Asia Pacific region, but in every nation, the driving issue in its provision is the cost of land. That should come as no surprise; the Asian population of 4.3 billion represents 57 percent of the world total, according to United Nations data, but Asia has only 30 percent of the world’s land mass.
A father/daughter development team is transforming an office park into a downtown for the city of Doral in the Miami suburbs.
A central courtyard—and a mix of unit sizes—create community on a small site.
Real estate developers around the world are responding to increased consumer interest in cycling and walking as preferred modes of transportation by building projects adjacent to trails, bike paths, bike-sharing stations, and other infrastructure that supports human-powered mobility, according to
Active Transportation and Real Estate: The Next Frontier, a new ULI report.
Active Transportation and Real Estate: The Next Frontier, a new ULI report.
In 2012, the Children’s Hospital of Philadelphia, a private institution, partnered with the city to serve residents in south Philadelphia. This public/private effort is unprecedented in the variety of services located on a single site, the speed of public approvals, and financing.
In an excerpt from her retrospective on six decades of professional development and leadership, Nina J. Gruen recounts her experiences upon joining ULI in 1971 as one its first female members. Gruen and her husband, Claude, founded San Francisco market research firm Gruen Gruen + Associates (GG+A). She became the Institute’s first female trustee in 1982.
Over the next decade, 20 markets worldwide—including south Florida; Santiago, Chile; El Bajío, Mexico; and Philadelphia—are set to emerge as global logistics hubs, according to a new report from CBRE Group Inc.
ULI has announced an area in Atlanta’s Midtown neighborhood as the study site in the 14th annual ULI Hines Student Competition. The ideas competition provides teams the opportunity to devise a design and development program for parts of a large-scale site.
When Alex Morrison, executive director of the Urban Development Authority for Macon-Bibb County, Georgia, started on a comprehensive plan for downtown revitalization, “we knew we wanted walkability and housing,” he said. “But the how and where [were] driven by the public process.” His emphasis on community engagement drove home a point in a new guidebook, (Re)Building Downtown: A Guidebook for Revitalization, from Smart Growth America.
The shrinking supply of workforce and affordable rental housing in cities across the United States has sparked innovative financing vehicles from an array of real estate firms to preserve the units, helping stem the loss of an urgently needed product, according to a report released by ULI and NeighborWorks America.
Newly confident and deep-pocketed consumers are driving vacation-home sales to levels that have not been seen in a decade, said panelists at the ULI Fall Meeting. But prices have not yet reached previous peaks, and buyers are increasingly cautious and cost-conscious.
In a competitive global market, resort designers are racing to define the “new luxury.” The modern concept of luxury is “really about elegance and simplicity,” said Richard Centolella, a principal in design firm EDSA, during a panel discussion at the ULI Fall Meeting.
Though they pose unique development challenges, authentic, locally focused food vendors create unique experiences.
Tourism is a critical factor in the U.S. and world economies. “The impacts of tourism on a community can be beneficial if planned and managed, or extremely damaging if left without controls,” says Michael Kelly, former chairman of the APA’s tourism planning division.
It requires strong partnerships among school districts, the community, and developers to place improved schools at the heart of a new development.
The nine-hole golf course at the Charles R. Drew Charter School gets a lot of use during an average school day. That golf is a dedicated subject at a southern school is not exactly remarkable—but how this came to be is. Two decades ago, the golf course was closed—and as decrepit as the East Lake Meadows housing project that sat on its edge.
The car-centric city is becoming a thing of the past, as evidenced by changes in Houston, Oklahoma City, and Charlotte, North Carolina, said panelists at the ULI Spring Meeting, with transportation leaders treating infrastructure as a real estate asset.
Increasingly, it is the ability—and willingness—of state and local governments to pay the ongoing cost of operation and maintaining new transportation projects that dictates whether capital will be invested in the infrastructure itself, according to a panel of experts at the ULI Spring Meeting in Houston.
Across the United States, a number of cities are attempting to restore and rediscover their urban rivers. One of the most ambitious efforts is occurring in Houston, where Buffalo Bayou Park is undergoing a $58 million redevelopment to be completed this year.
Federal changes could promote TOD that functions better—and is easier to build.
Hines is known for developing iconic buildings in Houston—notably One Shell Plaza, Pennzoil Place, and the Houston Galleria—and around the world. But when the company first proposed developing a new office building on a blighted block in downtown Houston, many in the Houston real estate community scratched their heads.
As the only major U.S. city without formal zoning, Houston has a reputation as a freewheeling place where anything goes. But in truth, a complex patchwork of public and private regulation has evolved to impose order.
The 2014 Annual Report tells stories of ULI members making a positive impact every day in their communities, and it highlights members’ extraordinary contributions in advancing the ULI mission to create thriving, sustainable communities worldwide.
