Released during the Institute’s 2024 Fall Meeting in Las Vegas, Emerging Trends in Real Estate® North America predicts Dallas-Fort Worth, Miami as leaders in 2025

Covid-19 may have caused a precipitous decline in convention crowds in 2020, but it did not halt long-range plans to overhaul and expand convention centers in a number of key U.S. cities. Today that foresight is bearing fruit with grand new facilities able to host larger industry and trade gatherings than ever before.

Once a sprawling expanse of uncharted land, Las Vegas, Nevada, has evolved into the entertainment capital of the world, a gaming super-hub, and a premier destination for sports. This remarkable transformation didn’t happen overnight; it stemmed from decades of strategic planning, investment, and visionary zoning recommendations.

The history of Denver is closely intertwined with the South Platte River. From the city’s initial settlement along the riverbanks in 1858 to subsequent urbanization that altered its natural course, the South Platte has played a significant role in Denver’s evolution. For much of the 20th century, however, metropolitan development turned away from this vital waterway.

For many who live outside Southern California, the Watts neighborhood of Los Angeles is remembered for the well-documented riots of 1965, a six-day period of civil unrest that brought 34 fatalities, numerous injuries, and widespread arrests.

St. Louis, long known as the Gateway to the West, is rapidly becoming the gateway to the region’s future. Diverse communities have begun working together to make the city a major hub for cutting-edge innovations in aerospace, agriculture, finance, transportation, biosciences, entertainment, and much more. The St. Louis Economic Development Partnership is dedicated to finding economic development partners who can help companies thrive in greater St. Louis, regardless of their size, and at the same time help those companies to deliver new opportunities into under resourced neighborhoods.

“Investors are increasingly looking at airports as lucrative opportunities,” said Steve Forrer, chief investment officer at Aviation Facilities Management Company. “When you position an airport development correctly, it can draw in a wide range of businesses, from tech startups to established global firms,” he said.

The construction landscape has largely held steady across the United States and Canada.

As the Fed began a series of rate hikes in 2022, the apartment market went from one of frenzied growth and optimism to a market characterized by decline, be it declining sales volume, declining occupancy, or declining values. As we near year’s end, stability and even positive momentum have begun to take hold, and there is good reason to expect them to carry into 2025 with the return of large, open-ended funds and an improved debt environment.

India, one of the fastest-growing economies in the world, is urbanizing rapidly. By 2030, more than 40 percent of its populace is projected to live in urban areas, contributing there to more than 70 percent of the nation’s greenhouse gas emissions. The demand for commercial and residential spaces is surging, which attracts global investors eager to capitalize on this dynamic market. This rapid growth comes with a pressing question, however: can India urbanize without following the carbon-heavy trajectory of other developed countries?

Building on ULI’s impactful work accomplished at the city scale, a neighborhood-focused workshop brought together industry experts from across Europe and from the United States, representing a wide spectrum of the real estate value chain. The aim was to share diverse insights, cross pollinate ideas and develop practical solutions towards decarbonization and for a better collaboration.

As buildings become more efficient and run on “cleaner” energy sources, the industry’s attention will need to include embodied carbon—emissions associated with the manufacturing and transportation of building materials, as well as the construction, maintenance and disposal of buildings.

How seven U.S. cities are tackling the future of downtowns

President Biden’s administration aims to speed up historic building reviews.

The ULI Atlanta District Council has announced its expansion of programming with the creation of a satellite in Savannah, Georgia. ULI Savannah will locally support the Institute’s global mission of shaping the future of the built environment for transformative impact in communities worldwide.