Issues and Trends
ULI’s Issues & Trends coverage provides timely, expert-driven analysis of the most impactful forces shaping real estate and urban development today. By publishing articles on topics like housing affordability, homelessness, water-wise land use policy, and the data center boom, ULI highlights emerging challenges, innovative solutions, and shifting market dynamics that matter most to developers, planners, investors, and policymakers. This mix of insights, convenings, and issue-spotlighting helps the industry anticipate change, rethink strategies, and make informed decisions in a rapidly evolving built-environment landscape.
The only thing we can be certain of regarding the transition to battery electric vehicles (BEVs) is that, although that transition is inevitable, we have no reliable way of predicting how it will unfold. From politics and incentives to a Moore’s Law–like evolution in battery efficiency and charging speed, to fire safety improvements being designed into these vehicles, disruption remains the one constant. What does this likelihood mean for the intelligent future-proofer?
Each year, the ULI Young Leaders Exchange (YLX) selects a dynamic city as the backdrop for an immersive exploration of urban development. It brings together the most promising minds in real estate, planning, and design across the Americas—not simply to observe but also to engage, collaborate, and shape the industry’s future. To that end, in April, “YLX 2025 Orlando Unbound—The Space Between” welcomed 51 registered attendees representing 22 District Councils, including three returning participants from past exchanges.
Formerly at U.S. Department of Energy, Witteman discusses her mission to integrate sustainability and affordability in commercial real estate, revealing how ULI is leading the charge for decarbonized communities.
What if you were told that a brand-new, state-of-the-art building constructed today could be functionally obsolete in less than a decade? This prediction isn’t far-fetched; it’s the emerging reality in a world where technology and user expectations are evolving at a breakneck pace. And nowhere is it more apparent than in the world of parking.
Texas has experienced a prolonged economic boom, bringing with it a significant explosion in population. From 2000 to 2023, the state’s population grew by a remarkable 46.3 percent. This level of growth inevitably places pressure on cities, whether to update infrastructure, revise planning regulations, or address other critical urban challenges.
Currently, vacancy rates in the Washington, D.C. area are around 20 percent, in line with the national average. The nationwide housing shortage, meanwhile, has hit a record high of 4.7 million homes, despite a five-year uptrend in new construction. The deficit is particularly pronounced in highly desirable urban and inner-suburban locations such as Alexandria, Virginia.
As aging retail continue to evolve, one increasingly popular trend has been to redesign malls as town centers—recalling a time when such commercial districts were the heart and soul of a community. Mall–to–town center retrofits are emerging throughout the nation, especially in suburban communities, where pedestrian-friendly, mixed-use environments are highly attractive to millennials now raising families.
Across North America, cities are confronting a housing crisis that demands urgent, innovative responses. In Toronto, the launch of the Rapid Housing Initiative (RHI) in April 2020 marked a pivotal moment—an accelerated effort at the height of the pandemic to deliver safe, stable housing. Since then, unprecedented investments have been made in communities across Ontario to address housing insecurity, reshaping the province’s residential landscape.
Although video conferencing and other technological innovation has made it possible for economic activities to be dispersed, differences in growth rates, jobs, and incomes have increased, in recent decades, as regions in the Northwest and Midwest have lost population and regions in the South and West have experienced population, employment, and income growth. The negative effects of housing price increases in growing regions serve as a constraint to domestic migration and economic opportunities, especially for lower-skilled workers. In the long run, unaffordable housing prices contribute to unequal regional development and worsening income disparities. Job-rich regions need to encourage housing production.
What trends are shaping the future of the industrial sector? Four experts from ULI’s Industrial and Office Park Development Council talk about the industrial submarkets and property types that offer the greatest opportunities, challenges developers face in bringing new projects to market, ways artificial intelligence and emerging technologies are reshaping the sector, tenant priorities, and other key trends.
Esteemed developer Tom Cousins, who was born and raised in Georgia, passed away late last month at age 93. Over the course of his extraordinary life, he became not only one of the most influential real estate and urban development visionaries of our time but also a philanthropist who vowed to create lasting change—and fulfilled that promise.
As sage smoke wafted up, the knowledge holder gently waved an eagle feather from side to side, enveloping the booklet. And with that, the ground-breaking Guide to Truth and Reconciliation in Land Development was cleansed, blessed, and released to the world.
ULI San Francisco and the Civic Joy Fund have announced the winners of the Market Street Reimagined competition. This international competition of ideas, which attracted 173 submissions from nine countries, challenged entrants to create a new vision for the city’s main thoroughfare that would draw more visitors and businesses to the area. A distinguished jury, hosted by San Francisco mayor Daniel Lurie, divided the $100,000 prize among the winning teams and designated eight additional entries as honorable mentions.
A team of ULI experts visited Fort Worth in September 2024 to develop anti-displacement strategies for the city’s historic, majority Hispanic Northside neighborhood, which faces mounting pressure from two nearby megadevelopments, as well as broader metropolitan growth trends that drove up the area’s property values 60 percent from 2016 to 2021.
ULI Asia Pacific has released its 2025 Asia Pacific Home Attainability Index, revealing persistent challenges to affordable or accessible housing across the region. The fourth edition of the report assesses 51 market segments across 41 major cities.
Joseph C. Canizaro, a past chair and trustee of ULI, passed away at age 88 on June 20, 2025. A member of ULI for more than 50 years, Canizaro built one of New Orleans’ most influential real estate development companies, Columbus Properties, which helped shape the city’s skyline.
At the 2025 ULI Asia Pacific Summit, a distinguished panel of industry leaders convened to dissect what the rise of artificial intelligence means for the sector and how organizations can harness its potential. Their debate spanned the frenetic growth of data centers, the journey of AI adoption, and seismic shifts afoot for the built environment and the workforce.
We hope everyone is looking forward to warm-weather activities as summer has begun at ULI HQ in Washington, D.C. In case you missed it, we wanted to share the articles that resonated with the most readers in the first half of 2025.
The awards celebrate a senior leader, a young professional and a DEI champion
The Johns Hopkins Institute for Planetary Health is poised to host the inaugural event of the 2025 Planetary Health Cities Symposium in Washington, D.C., on June 16. This event aims to address the urgent challenges posed by the degradation of Earth’s natural systems and the impact on human health and well-being. (
At the recent Homeless to Housed Symposium—part of the ULI 2025 Spring Meeting in Denver, Colorado—Jeff Olivet, a prominent expert in advancing solutions to homelessness, delivered a keynote address. In it, he not only contextualized the current state of homelessness in the United States but also provided a foundational framework for the forthcoming 10 Principles for Addressing Homelessness: A Guide for Commercial Real Estate & Finance.
At a panel at the 2025 ULI Spring Meeting in Denver, Colorado, legal experts shared their insights on how developers, planners, and housing advocates can better navigate the myriad barriers and evolving legal framework at federal, state, and local levels to advance affordable housing projects and initiatives.
Three-time Paralympian medalist, Denver resident, bestselling author, and motivational speaker Amy Purdy shared her inspirational story during the closing session of the 2025 ULI Spring Meeting.
The Lewis Center for Sustainability Forum commemorated the 10th anniversary of its Building Healthy Places Toolkit, a pivotal resource designed to integrate health and wellness into real estate development. The forum—held on the first day of ULI’s 2025 Spring Meeting, in Denver, Colorado—brought together industry leaders, each of whom highlighted the toolkit’s significant impact and the evolving focus on health within the built environment.
Developer sought to improve people’s lives through her work.
Local governments are rolling out new and updated programs—including tax incentives and zoning amendments—to encourage developers to convert vacant office buildings to some other use.
U.S. tariffs have increased from around 3 percent to 24.8 percent on a trade-weighted rate—the highest in over a century—and would climb to 32.8 percent if all proposed levies were implemented. The Yale Budget Center conservatively estimates that tariffs will cause the personal consumption expenditures price index to rise 3 percent, cutting household purchasing power by $4,900 annually.
During the 2025 ULI Housing Opportunity Conference in Atlanta, Georgia, a pivotal discussion centered on innovative funding solutions to address homelessness. The “Homeless to Housed: Marrying the Money with the Deal” session, moderated by Fulton County Commissioner Dana Barrett, featured key leaders in affordable housing, including Shannon Nazworth, president and CEO of Ability Housing; Joy Horak-Brown, president and CEO of New Hope Housing; and Margot Besnard, an associate on the acquisitions team at Jonathan Rose Companies.
Existing properties get makeovers to provide sustainable options for vulnerable populations
In 2014, a ULI Advisory Service panel made recommendations about the future use and preservation of Houston’s Astrodome, among the first indoor sports facilities in the world.
