Topics
ULI’s Topics section organizes and highlights the core areas shaping real estate and urban development by covering capital markets and finance, design and planning, development and construction, resilience and sustainability, and issues and trends. Through expert reporting and curated content, ULI brings thought leadership, practical insights, and real-world examples that help practitioners, investors, and policymakers understand critical forces, emerging challenges, and innovative solutions across the full spectrum of land use and built-environment disciplines.
Capital Markets and Finance
The Opportunity Zone program, a national model to spur private investment of housing in underserved areas, has been extended by Congress beyond 2026, marking a significant opportunity for real estate professionals. This innovative initiative not only helps rebuild communities but is a win-win for residents, property developers, and investors. The program’s success in transforming economically distressed areas has proven its value, making it crucial for industry leaders to continue supporting it.
Oracle’s stock recently surged 36 percent in a single day after the announcement of a new deal with OpenAI—a spike that generated an extra $244 billion in market cap for the company. The move fueled increased speculation about a potential AI bubble brewing. Such high-flying stock prices recall the dot-com bubble, when the NASDAQ stock index lost more than 70 percent of its value, dropping from a high of 5,048 in March 2000 to a low of 1,139 in October 2002.
Despite a still tepid transaction market, commercial and multifamily mortgage loan originations increased in the second quarter—up 66 percent compared to a year ago, and up 48 percent from the first quarter of 2025, according to the Mortgage Bankers Association. But what is the outlook for access to debt and equity capital in the second half of the year? Apart from interest rates, where are the biggest pain points in the market for commercial real estate financing?
Design & Planning
The construction phase is where the vision of a future-proof parking facility truly takes shape, where theoretical plans transform into a tangible, tech-ready structure. This step isn’t merely about pouring concrete and raising steel; it’s a critical juncture for embedding the smart capabilities that will define the modern parking experience and ensure its long-term relevance in an evolving mobility landscape.
Once the heart of Kansas City’s Black commerce, arts and innovation, 18th & Vine gave rise to jazz legends like Charlie Parker and Count Basie, athletes like Jackie Robinson and Satchel Paige, and institutions including America’s Negro Leagues Baseball Museum. It was a district built from necessity, residents created their own economic and social ecosystem. Every storefront held rhythm and resilience.
From Dead Mall to Living District: Replacing the “Great Wall of Galleria” with a Connected Urban Core
Development and Construction
A New Era for Pier Sixty-Six: Blending Historic Preservation with Luxury Innovation
“The primary advantage every modular project has, if you do it right, is time savings,” said Mark Donahue—principal, design, for Lowney Architecture—during the “Offsite Evolved: How Today’s Prefab, Modular, and 3D-Printing Solutions Deliver Proven Speed, Savings, and Scale” panel at the ULI Fall Meeting in San Francisco. “You can, on a, say, 24-month construction project, save six to eight weeks.”
The 2025 Lewis Center Sustainability Forum, held during the ULI Fall Meeting in San Francisco, explored ways that local leaders in planning, policy, and development are advancing urban strength and adaptability amid increasing climate and social stresses.
Resilience and Sustainability
In October 2025, ULI convened the Water Wise Development Coalition to discuss the latest updates on water and land use policy and their implications for both the real estate industry and the country as a whole. The meeting brought together land use experts, real estate professionals, and public sector decision makers. Guest speakers included Kelly Connolly Kern, director of public affairs at the Alliance for Water Efficiency, and Lindsay Rogers, policy manager for municipal conservation at Western Resource Advocates.
Data centers entail a massive carbon footprint, both physically and operationally, and have often been criticized for their significant energy consumption. The environmental consequences have become even more acute with the rise of AI, which requires enormous computing power and cooling. Cities, designers, and policymakers now face the urgent challenge of reimagining these resource-intensive facilities so that they can meet rising energy demands while mitigating climate pressures, ensuring these buildings enhance their immediate environments rather than compromise them. The Terra Ventures Data Center in San Jose, California, exemplifies this socially responsible approach. Expected to be completed in 2027, the new facility aims to showcase how careful planning can meet both global demand and local responsibility.
Multifamily buildings occupy structures with storied pasts. The rise of remote work and the continued housing shortage have led to a surge in the number of apartments being carved out of former office space—70,700 in 2025 compared to 23,100 in 2022, according to RentCafe. Developers are increasingly turning to structures with former lives—as offices or industrial or commercial buildings—to create multifamily housing that gives residents dwelling spaces that feel rooted in place and connected to the broader narrative of their communities.
Issues and Trends
The ULI Terwilliger Center for Housing has announced two winners for this year’s Jack Kemp Excellence in Affordable and Workforce Housing Award and three winners for the Center’s Award for Innovation in Attainable Housing. “ULI’s Terwilliger Center for Housing is excited to present the 2025 winners of the Kemp and Innovation awards,” said Aimee Witteman, Chief Impact Officer at ULI. “Each winner is showing the industry how to create more inclusive and affordable communities through housing production.”
Third edition evaluates top 30 global powerhouses report reveals world’s leading urban hubs rise in popularity post pandemic. Challenges include new economic conditions, rising costs, adaptation to hybrid work, innovation gaps, the climate imperative, and transition to social, mixed-use districts.
Guy Kawasaki—chief evangelist at Canva, former chief evangelist for Apple, and bestselling author—summed up insights gleaned from his years in tech and as host of the Remarkable People podcast, interviewing such luminaries as Margaret Atwood, Tony Fauci, Jane Goodall, and Steve Wozniak.