Speaking at a ULI event in February, Toronto’s chief resilience officer said the two issues he is most keen to address in his role are the renewal of the 1,189 apartment towers in Toronto that were built before 1985 and safeguarding the city against a catastrophic flood.Read More
Commercial property owners received hundreds of millions of dollars in Property Assessed Clean Energy (PACE) financing in 2017—more than twice the total amount of deals closed in 2016. It is now possible to arrange PACE financing in more than half the states in the United States. Also, as more property owners learn how to use this complicated financing tool, deals are becoming larger.Read More
In December, Moody’s Investors Service issued a report encouraging cities to invest in climate adaptation and mitigation. Cities will be evaluated in the future at least in part on how they prepare for both short-term climate “shocks” and longer-term trends associated with climate change. Moody’s is the largest credit rating agency to date to publicly outline how it evaluates climate change risk and integrates it into its credit rating assessments.Read More
A new report from the ULI Greenprint Center for Building Performance shows that several of the world’s leading commercial real estate owners and managers are making significant progress in reducing energy consumption, carbon emissions, and water use in their buildings, demonstrating a 3.4 percent reduction in energy consumption, a 3.3 percent reduction in carbon emissions, and a 4.3 percent reduction in water use between 2015 and 2016.Read More
A speaker at a recent ULI Australia event in Sydney said that the property industry can and should go beyond the principles of sustainability to projects that actually help regenerate urban environments.
New technologies and methods of data collection can lead to drastic improvements in city governance, says Martin O’Malley, former Baltimore mayor and governor of Maryland, and now a senior fellow and advisory council chair for MetroLab Network.
A diverse panel of property industry experts pushed back on a recent New York Times article asking, “Why Can’t We Get Cities Right?” during a lively 2017 ULI Fall Meeting session.
The hurricanes that ravaged the U.S. Southeast and the Caribbean and the fires raging through the Northwest have refocused and energized resilience discussions.
A recent study has added a new value proposition for energy efficiency in commercial buildings: efficient buildings are less likely to default on their mortgages than their more energy-intensive peers.
The urban waterfront is the site of countless challenges and opportunities, one that must accommodate housing, commerce, and recreation without extinguishing traditional industries and port facilities. The Asia Society and AECOM are collaborating on a series of “living conversations” titled “Imagine 2060” that are designed to address a range of issues that cities do and will face, and the inaugural series of events focuses on that complex question of urban waterfronts. Land use experts recently gathered in New York City to discuss these challenges facing the United States and the greater New York region.