Topics
Capital Markets and Finance
National Harbor, Maryland, would become the second U.S. location and the first to utilize a smaller-scale venue design model; the project would receive approximately $200 million in state, local, and private incentives.
Developers have been confronting several challenges in terms of supply, demand, and costs that are making it more difficult to break ground on new projects. Yet the total dollar value of overall construction starts is expected to grow 4 percent, to $1.26 trillion, in 2026, according to Dodge Construction Network. Industry experts share their view on where things will shake out as new projects gear up for 2026.
Three existing federal tax incentive programs that have been used frequently by developers received significant upgrades in this summer’s One Big Beautiful Bill Act. Low-income housing tax credits (LIHTCs) have long provided gap equity for affordable housing projects all over the country. New markets tax credits have been providing gap funding for a wide variety of economic development projects for more than 25 years. More recently, Opportunity Zones have steered investments in projects in low-income communities. The Big Beautiful Bill made improvements to each of these programs.
Design & Planning
The Washington Commanders and HKS have unveiled the first conceptual renderings of the team’s new, world-class stadium. The roofed stadium will be a dynamic, year-round destination for sports, entertainment, and community engagement, integrating sustainable design practices and reimagining the fan experience through immersive spaces.
A recent project in Seattle—Africatown Plaza—demonstrates the alchemy of community collaboration and a development team’s commitment to creating a neighborhood that can thrive. Much can be learned from how the team prioritized people in the process to make a people-centered place.this process
Jeff Speck and I first met in 2004. I had just been elected mayor of Oklahoma City, and I was invited to Charleston for an event hosted by the Mayors’ Institute on City Design. Jeff was one of the design professionals lending expertise to mayors facing complex planning issues.
Development and Construction
ULI Advisory Services Panels bring together leading experts to help communities navigate their most pressing land use and development challenges. What happens after the recommendations are delivered, though? One year on, we checked back with this community in Fort Worth, Texas, to see how panel insights have turned into action and how ULI’s work is helping to shape meaningful, lasting progress.
Established in 1914, the Cleveland Foundation is a community-oriented, philanthropic organization dedicated to investing in worthy individuals and nonprofit organizations in greater Cleveland, Ohio. With the lease running out on its existing headquarters in the city’s Playhouse Square district, the foundation decided to build its own headquarters, but in an intentional way that would spur economic development in one of the city’s neglected pockets.
Five new case studies that meet the criteria have been selected as the Terwilliger Center’s 2025 award winners: Market Street Village in San Diego, Sendero Verde in New York City, The Aster in Salt Lake City, The Kelsey Ayer Station in San José, and The Wilder in Nashville. Each of them offers an important, in-depth look at the financing structures, development strategies, community partnerships, and public policies that make such ambitious projects viable.
Resilience and Sustainability
Urban Land sat down with ULI Visionary Jonathan Rose during the Institute’s Fall Meeting in San Francisco to learn more about his four-decade ULI membership and the work that lies ahead.
The Mountain West stands in a pivotal moment. Rapid population increase, worsening drought cycles, and pressure on municipal resources are forcing communities to rethink how and where new growth should occur. Few regions face this tension more clearly than Utah’s Salt Lake Valley, where foothill development, limited water supplies, a shrinking Great Salt Lake, and outdated zoning models often collide. But what if development could work with the land instead of against it?
FORUM, a life sciences building developed by Lendlease, is the first purpose-built life sciences building in Boston Landing, a mixed-use district in the city’s Allston-Brighton neighborhood. Targeting LEED Platinum, the recently opened building employs numerous strategies that enable companies to meet stringent regulatory requirements, reduce their carbon footprint, and achieve net zero operations.
Issues and Trends
The ULI Americas District Council Showcase of Excellence Awards celebrates achievement by District Councils as it relates to ULI’s mission and primary areas of focus, with particular attention given to programs that are both innovative in their format or approach to the subject matter and replicable at other District Councils. The ULI Americas region’s 58 District Councils submit the best of more than 2,000 programs held each year, with awards given, in each category, for District Councils with fewer than 600 members, and for District Councils with more than 600 members.
As 2025 draws to a close, the year’s most-read articles in Urban Land magazine reflect a pivotal moment in urban development. Themes reflected this year include resilience against climate-driven disasters, ambitious waterfront and downtown revitalizations, stabilizing construction economics, entertainment-anchored urban renewal, and innovative housing strategies. These stories also capture the industry’s focus on adaptive, inclusive, and forward-thinking land use.
Singapore real estate veterans at a Women’s Leadership Initiative (WLI) event last month suggested that finding your own voice, challenging yourself, and not over-planning can help women in the industry to progress in interesting and worthwhile careers.