Emerging Trends
After years of community conversations, planning, and stalled projects, the Los Angeles neighborhood of Pacoima is getting closer to moving forward on a wide range of initiatives to bring new life to Van Nuys Boulevard, the area’s main thoroughfare.
“Suburbs isn’t a dirty word,” declared Adam F. Ducker, RCLCO managing director and moderator of the “Next Stop Suburbs” session at the ULI Spring Meeting in Philadelphia.
A community development corporation and a developer committed to affordability and sustainability team up to provide rental housing with top-notch energy efficiency.
A decade ago, the 2200 block of Grays Ferry Avenue, the one-third of a triangular intersection girding an inoperative 19th-century fountain, was mostly prized for the handful of parking spaces it offered. Today, the street is closed to vehicular traffic and festooned with planters, painted asphalt, café tables, and a bike-sharing station.
A team representing Harvard University has taken top honors in the 2016 ULI Hines Student Competition with its winning master plan proposal to transform a Midtown Atlanta site in a thriving, sustainable, mixed-use, walkable, and transit-accessible neighborhood. Though based on a hypothetical situation, the 2016 Hines Student Competition reflects many real-life concerns of Atlanta.
With 2016 under way, I am very excited and hopeful about the changes taking place at ULI this year. We are continuing to move forward in three key areas: 1) a new global governance structure;
2) a major new information technology initiative; and 3) a relocation into a new workplace in Washington, D.C.
2) a major new information technology initiative; and 3) a relocation into a new workplace in Washington, D.C.
Over the past decade, innovation districts have been popping up around the globe, from Barcelona to Seattle. Although there is no “cookie cutter” formula to these technology-centric developments, they do have some elements in common, including a major anchor institution and a shared goal of bringing together a mix of uses within a dense urban setting.
Barangaroo is an AUS$8 billion (US$5.8 billion) waterfront renewal project transforming a long-neglected part of Sydney’s central business district. It is also the city’s largest urban renewal project since the Olympic Games 15 years ago.
Japan and Australia remain the favorite countries for investment and development, according to Emerging Trends in Real Estate® Asia Pacific 2016, with Tokyo, Sydney, Melbourne, and Osaka taking four of the top five spots in the Asia Pacific region.
Those attending the ULI Fall Meeting in San Francisco last week heard Condoleezza Rice, former U.S. secretary of state, deliver a resounding call for the United States to do nothing less than create a new world order.