Mixed Use and Multi-Use
Eight years after a ULI Advisory Services panel gathered in the shadow of Pikes Peak to brainstorm about revitalizing Colorado Springs, the recent opening of the $91 million U.S. Olympic & Paralympic Museum in the southwest corner of downtown represents an important cornerstone of the city’s urban renewal effort while bolstering its identity as “Olympic City, USA.”
A tall mixed-use tower without parking replaces a small Philadelphia parking lot, while its multimodal urban passageway connects two streets.
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Panelists at the 2020 ULI Tampa Trends event said that smart parking and traffic sensors are already being incorporated into large projects, and Microsoft is funding the use of artificial intelligence at the University of South Florida’s medical school.
By the end of 2019, the first families will move into new, million-dollar townhouses at Edge-on-Hudson, a $1 billion development that will eventually bring more than a thousand new residences to Sleepy Hollow, New York.
Incentivized by city parking policies, private developers provide fewer parking spaces or increase density in new projects.
At the ULI U.K. Annual Conference, a range of speakers from across Europe provided fresh perspectives on how the real estate industry is evolving to meet the needs of both the economy and society, including use of smarter sensor technology, creation of micro-units for both housing and retail space, as well as assistance for British cities in tapping sources of capital for regeneration.
Copenhagen’s investment in its revitalized waterfront area is paying off, said land-use experts speaking at the ULI Real Estate Forum, while the affordability of housing is an ongoing concern. Attendees saw firsthand what it means to be a people-centric city aspiring to become the first carbon-neutral world capital by 2025.
As vehicle use and shopping habits change rapidly, densified parking areas can free up space for new uses that benefit the community.
Attendees at the ULI Carolinas Meeting heard about six projects that highlight the patience, hard work, and serendipity needed for a complex project to come to fruition.
A decade in the making, the South Boston waterfront neighborhood is emerging as a preferred destination for commercial and residential tenants.