Real Estate Trends
Sidewalk Labs recently announced that it would withdraw from a proposed smart city project in Toronto. But Sidewalk is already in talks to repurpose those innovations, said participants in ULI’s Spring Meeting Webinar Series.
Panelists at the 2020 ULI Arizona Trends Day discussed how they are reducing the focus on abundant parking to provide more walkable open space which can be activated. One transit-oriented development in Tempe is billing itself as “car free” as it emphasizes bike lanes, walking, and access to light rail.
A retail developer and ULI longtime leader shares how his firm is approaching the current shutdown in the United States and beyond.
Insurers and investors adopt new models to calculate how the changing climate will affect long-term asset values.
In the past three years, the California Legislature has passed more than a dozen housing reforms addressing a swath of issues, including tenant protections, rent gouging, production of accessory dwelling units (ADUs), streamlined permitting for affordable and market-rate housing, new funding sources, and more. Though the pace may seem slow, there are signs of progress and hope for more in the future, panelists said at a ULI San Francisco event.
Singapore-based developer CapitaLand is harvesting data to boost the revenues of its retail tenants and to help it locate future malls. Speaking at the ULI Asia Pacific Convivium, Chris Chong, managing director at CapitaLand Retail, said that the company uses data to boost both footfall and spending for tenants in its malls, which will ultimately benefit the landlord.
A nervous system capable of collecting data and a brain that is able to make use of it are vital to a system that meets the needs of stakeholders—and society.
The Dodge Momentum Index, a monthly measure of the initial report for U.S. nonresidential building projects in planning, rose 6.9 percent month over month in October. The increase was due to a recovery in institutional planning projects, which had stepped back over the previous few months. Institutional planning moved 22.8 percent higher in the month while commercial planning lost 0.5 percent.
The Dodge Momentum Index moved 4.1 percent higher in September to 143.6 from the revised August reading of 137.9. The gain in September was due entirely to an 8.9 percent increase in the commercial component, while the institutional component fell 4.8 percent.
How did Reston Town Center, set some 20 miles (32 km) from the nation’s capital in the leafy suburbs of Northern Virginia, generate premium real estate values and become desirable enough to compete for the best tenants? It is a story dating back more than 30 years, the product of critical decisions made by a host of real estate professionals, public officials, planners, and designers.