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.

This morning, 2021 ULI Fall meeting attendees toured the area surrounding one of the oldest professional ballparks in the United States, Chicago’s Wrigley Field, which has been home to the Chicago Cubs baseball team for more than a century. When the Ricketts family took over Cubs ownership in 2009, it decided not only to rehabilitate the aging stadium, but also to turn a former parking lot next door into a mixed-use entertainment district bringing office, retail, and hotel uses to the area, as well as much-needed open space called Gallagher Way.

The ULI Terwilliger Center for Housing has announced 16 finalists for this year’s Jack Kemp Excellence in Affordable and Workforce Housing Awards, which honor exemplary developments that ensure housing affordability for people with a range of incomes. The award recognizes efforts by the development community to increase the supply of housing affordable to households earning less than 120 percent of the area median income.

Three San Francisco developers discuss focusing on “what would work” in order to create the city’s Mission Bay mixed-use development, during the WLI session at the 2020 ULI Virtual Fall Meeting