Property Types
Hotels and Resorts
Imagine arriving home after a long day at the office and calling room service to have a chef-prepared meal delivered to your door. For residents of Nashville’s new, innovatively designed Aertson Midtown building, that is not wishful thinking. They simply place an order with the signature restaurant of the Kimpton hotel that shares their apartment building.
Set against an urban landscape of concrete, steel, and glass in Tanjong Pagar, Singapore’s central business district, Oasia Hotel Downtown (OHD) stands out with its red silhouette clad in lush greenery. An integrated hotel/office development comprising a 27-story, 314-room business hotel and 100 new-age offices, OHD responds to the government’s vision for the precinct earmarked as the island’s next waterfront city with a mix of business, commercial, and residential activities.
Since Airbnb began to disrupt the U.S. hospitality sector, industry leaders have been thinking about ways to attract previously underserved customers. A number of recently built hotels and resorts combine the space and amenities of a private home with high-end amenities, concierge service, and curated experiences. A 2017 ULI Fall Meeting session presented two recently introduced concepts with distinctly different target markets and price points.
Industrial
A year after the opening of the Panama Canal expansion, rents for industrial space around the Port of Los Angeles are at an all-time high and vacancy rates are hovering around 1 percent.
For more than 20 million passengers annually, Tegel Airport is the gateway to Berlin. As a new international airport is being built, an ambitious project is intended to transform Tegel into an “urban tech republic.”
This year, global investors should be keeping an eye on politics in China, Japan’s outbound investment, and the logistics sector, said a panel of senior industry figures speaking at the recent ULI Asia Pacific Summit 2017.
Mixed-Use
As communities and cities across the country face mounting land use and environmental challenges, Hilco Redevelopment Partners (HRP) and Melissa Schrock, HRP’s executive vice president of mixed-use development, are working to ensure urban redevelopment is a force for positive change.
Curating and creating great spaces is at the heart of what industry players in the built environment sector do every day. Placemaking is the “art and science” of turning the ordinary into the extraordinary.
Can transit-integrated development like RUS Bus in Raleigh, North Carolina, help our cities thrive for the long haul?
Multifamily
Northern Mexico has experienced a significant expansion in the Mexican industrial real estate sector since its major decline from the late 1990s to the early 2000s, due, in part, to low-cost production in China. During the pandemic, that trend began to shift.
Amblebrook, an innovative retirement community in the historic setting of Gettysburg, Pennsylvania, was specifically designed to remedy this social disease. It shatters the mold of the conventional 55-plus community.
Spanning 80 acres (32.4 ha) and 1 million square feet (93,000 sq m) of industrial space, The Works is located off Chattahoochee Avenue, a once-quiet industrial corridor on the west side of Atlanta. This pocket of the city—now known as the Upper Westside with a new CID to prove it—has seen explosive growth since plans for The Works were announced in 2017.
Office
RXR CEO and Chairman Scott Rechler, in a recent ULI members-only webinar with ULI Foundation Chair Faron A. Hill, described the challenges and opportunities ahead as an epic, unavoidable storm. “That hurricane … eventually, it’s going to hit land,” Rechler warned. “The question is when it hits, how hard it hits, and where it hits the hardest.”
1933 postal distribution center made over for indoor/outdoor office and Manhattan’s largest rooftop park
Supertall creates a “palpable energy” that speaks to New York’s resilience and the future of cities
Residental
Michael Spotts, a senior visiting research fellow at ULI’s Terwiliger Center for Housing and head of Neighborhood Fundamentals, recently appeared on the Talking Headways podcast. Spotts chats with us about takeaways from the Shaw Symposium on Urban Community Issues, the definition of infrastructure, and the importance of taking a systems approach to important interconnected topics like transportation, education, and health care.
The multifamily sector is successfully weathering the pandemic and construction continues to boom, leading the commercial real estate industry’s overall recovery. But development doesn’t appear even across multifamily market segments.
A Utah developer includes townhouses to densify one block in the downtown of a new community southwest of Salt Lake City.
Retail
At the 2018 ULI Europe Conference in Berlin, a number of discussions on the future of the retail business looked at the changing shopping center ecosystems and what developers could be doing better.
A new report from CBRE highlights that the two categories occupying the most space in U.S. malls—department stores at 48.7 percent of gross leasable area, and apparel, accessories, and shoes at 29.4 percent—also posted relatively tepid retail-sales growth from 2011 to 2016. In contrast, categories with stronger retail-sales growth, such as health care, still account for relatively little occupancy of U.S. malls
In addition to Amazon’s purchase of Whole Foods, an enormous amount of movement has occurred in the grocery sector in the past year, as regional chains expand into new markets and European brands enter the United States.