Mixed Use and Multi-Use
Strict one-use-per-parcel zoning rules have long limited the growth of mixed-use projects in Spain, but the builders of a new office, residential, and commercial project in Madrid hope their example will pave the way for other integrated projects.
Shopping malls, the once-bustling hubs of commerce and community, are now facing an uncertain future in light of relentless urbanization and population growth. But as the city evolves, so too must these giants. At the 2023 ULI Spring Meeting in Toronto, industry leaders tackled this very question in the panel titled “Reimagining the Mall: The Final Urban Frontier.”
In a report that emphasized upward mobility and inclusion in Indiana’s second largest city, a ULI Advisory Services panel for the Electric Works redevelopment project in Fort Wayne, Indiana, focused on the economic importance of being a destination with an “open tent.” That means having real and stated plans that emphasize the inclusion of the entire region.
The Real Estate Economic Forecast, produced by the ULI Center for Real Estate Economics and Capital Markets, is based on a survey conducted in April 2023 of 41 economists and analysts at 37 leading real estate organizations. According to the survey, the U.S. economy will slow in 2023 and 2024, with recovery expected to begin in 2025. The real estate market will follow suit, with flat to negative results over the next two years, followed by mostly positive news in 2025.
Four teams, representing Harvard University, the University of Virginia, and the University of California, Berkeley, have been selected as finalists in the 21st annual ULI Gerald D. Hines Student Urban Design Competition, an event that challenges teams of graduate students to devise a comprehensive design and development plan for a real-world urban site.
Teng Chye Khoo, fellow at the Centre for Liveable Cities and chair of ULI’s Asia Pacific region, presented his views on the lessons underpinning Singapore’s stronghold as one of the world’s most livable cities at a recent ULI Australia event.
Launched in fall 2020, Delve is an evaluation tool that uses artificial intelligence, Geographic Information System, and user input to optimize real estate development by Sidewalk Lab. Currently available on an engagement model, Delve pairs users with a team of consultants to generate highest and best use design options and help find design solutions for the nuances of complex projects. An updated version will be released later this year.
Real-time virtual models of objects, ranging from a building to an entire city, are an emerging concept that has the potential to transform the built environment and the real estate industry in numerous ways, according to the technology’s proponents.
In Denver’s Lower Downtown (LoDo) neighborhood, an interesting addition to the urban fabric has emerged over the past five years in the form of activated streets and alleyways that serve as a connective tissue for art, entertainment, culture, and gathering. In early October, ULI Colorado’s Building Healthy Places committee hosted a panel to discuss our new age of activated alleyways.
ULI MEMBER–ONLY CONTENT: How can urban cores rebound from the pandemic? Members of ULI’s Urban Revitalization councils discuss the pandemic’s potential long-term effects on development in urban cores, opportunities for creative redevelopment, steps that municipalities can take, ways to enhance resilience in urban cores, and other trends.
Members Only