Two of the three leading indicators for U.S. commercial real estate ended 2024 on an upbeat note, particularly on the lending and construction phase, while design billing continued to lag.

Speakers mixed good news and uncertainty at the “ULI New York: Real Estate Outlook 2025" event, held January 22, 2025, at the Stern School of Business at New York University in Manhattan by ULI New York in partnership with NYU Stern | Chen Institute.

According to Morningstar DBRS, the Los Angeles–area wildfires have caused record property damage, with insured losses that could reach more than $30 billion. Despite many uncertainties on the path ahead for recovery and rebuilding of property and infrastructure, solutions are likely to require a lot of time and capital, as well as public and private stakeholders working in tandem.

In early February 2025, hundreds of stakeholders and real estate professionals gathered at DeSales University for a meeting sponsored by ULI Philadelphia and Lehigh Valley Planning Commission and supported by ULI’s Terwilliger Center for Housing and Lehigh County Commissioners. The first installment of a three-part Technical Assistance Panel (TAP), “Housing Supply and Attainability Strategy in the Lehigh Valley” aimed to open the conversation and further shape the technical assistance work to follow.

10 projects model ways to prepare the built environment for climate stresses and shocks

The third annual Urban Land Institute Award for Excellence was presented to Walt Disney World/Reedy Creek Improvement District (RCID) at ULI’s November meeting in Philadelphia, Pennsylvania.

When Denver’s Stapleton International Airport closed in the mid-1990s, community leaders saw a chance to create a new, 4,700-acre (1,900 ha) community just six miles east of downtown. The project’s original developer, Forest City Stapleton (sold to Brookfield Properties in 2018), kicked off an urban transformation that is now nearing completion 25 years later. Known for extensive resilience strategies to reduce the effects of drought, flooding, and extreme heat, Central Park’s 12 neighborhoods are home to nearly 35,000 residents, with 60 parks as well as extensive pedestrian and bicycle trails.

Phase 2 of the Willets Point redevelopment project is transforming an industrial part of Queens that once-inspired F. Scott Fitzgerald’s “valley of ashes” in The Great Gatsby in 1925. A century later, Queens Development Group—a joint venture between Related Companies, Sterling Equities, and New York City Football Club—is converting 23 acres (9.3 ha) of underutilized land into a $3 billion mixed-use community.

The recent ULI Carolinas Conference in Charleston offered a glimpse into groundbreaking projects transforming the urban landscapes of North and South Carolina, with developers delivering rapid-fire presentations during the high-energy Crane Watch session. Each presenter shared the vision, challenges, and impacts their projects promise for communities across the Carolinas.

In the aftermath of January’s devastating Eaton and Palisades fires, Los Angeles faces a daunting challenge: how to rebuild not only homes but also the infrastructure that underpins entire communities—from water and electrical distribution systems to damaged sewers and streets to community essentials such as trees, parks, and libraries. The scale of the infrastructure challenge is immense.

ULI has launched C Change for Housing, a major new pan-European program designed to mobilize the real estate industry around two of society’s most urgent and interconnected challenges: the climate crisis and housing affordability.

As practitioners in the industry, we can all too easily reduce our thoughts about housing to the practical machinations of our work. Decisions are often made to serve regulatory agencies and capital providers, and to find the cheapest and fastest path to completion. We mustn’t lose sight of the fact that our job is to create places that serve real-life human needs.

In 2014, a ULI Advisory Service panel made recommendations about the future use and preservation of Houston’s Astrodome, among the first indoor sports facilities in the world.

In Jersey City, N.J., commuters recently started using what is believed to be the first moving sidewalk designed as a permanent facility for the large-scale movement of pedestrian traffic.

The reimagining of master-planned communities, cutting-edge data centers, advanced lab spaces, and the new breed of elite hotels were discussed at the 20th ULI Arizona Trends Day.