Spring Meeting
Nashville has been growing at a rate of nearly 100 residents per day since 2011, according to U.S. Census Bureau estimates. Emerging Trends in Real Estate ® 2019, copublished by ULI and PwC, ranks Nashville as the number-five U.S. market for overall real estate prospects. For those still looking for deals in Nashville, the following are six important things to know about capital markets and the local lending environment.
Nashville has a new 65-story residential tower on the drawing board that could set a new record as the tallest building in the city. The proposed project highlights the change underway in the city.
Though best known as the chief executive officer of fast-growing online shoe and clothing business Zappos, Tony Hsieh is also leading one of the largest urban regeneration projects in the United States in downtown Las Vegas.
Artists and other creative types need small, affordable places—and patient capital, Detroit experts say.
Though driverless vehicles are expected to be commercially available in the next few years, the shift to their use is likely to occur gradually and in phases over several decades, panelists said at ULI’s Spring Meeting in Detroit. That long process will allow vehicles to be tested and improved. It also will enable the development of urban infrastructure—such as smart roads and traffic management systems that communicate continuously with many vehicles at once—that would make them work better, said panelists.
Companies understand the attraction of more economical, more comfortable spaces. But lenders still need to be educated about net-zero energy’s lower operating costs.
Fully Integrated Off-Site Solution (FIOSS) systems could solve the labor shortage in U.S. housing construction markets, says Gerard McCaughey, chief executive officer of Entekra Inc.
The focus for mall owners and retailers should be on extending their brand “beyond the four walls of brick and mortar,” said panelists speaking at the ULI Spring Meeting.
Development professionals from Detroit, Houston, Atlanta, and San Antonio discussed how they reclaimed desolate space with art, parks, and public/private partnerships to revitalize riverfronts and neighborhoods.
Where are capital markets—and specific real estate sectors—headed? In a novel ULI panel at the ULI Spring Meeting in Detroit, 11 of the Institute’s top leaders revealed their expectations through instant polls on ten market questions.