Emerging Trends
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.
Art and other expressions of culture can no longer be considered pricey or optional additions to major real estate projects, said panelists at the ULI Fall Meeting in San Francisco.
Women in the real estate and land use industries have strong ambitions to lead companies and are willing to make multiple moves or start their own companies in order to advance their careers, according to a panel discussion of a report developed by the ULI Women’s Leadership Initiative (WLI); the discussion took place at the 2015 ULI Fall Meeting in San Francisco.
Impressive employment growth is the story behind the Dallas/Fort Worth area’s rise to the top of this year’s survey (it ranked number five last year), according to Emerging Trends in Real Estate® 2016, copublished by PwC US and the Urban Land Institute.
While a number of mayors and even one governor have endorsed the goal of providing parks or other open spaces within a ten-minute walk of residents, adding enough parks to serve all 249 million people living in U.S. cities, suburbs, and urbanized areas—83 percent of the population—will be a challenge.
A combination of necessity and desirability has made Asian cities the world leaders in vertical living.