Issues and Trends
Many populations and regions face well-documented housing affordability challenges. For college students, specifically, the lack of options located on or near campus creates an additional hurdle in achieving their higher education goals. The inability to affordably live close to school has a huge impact on their time, performance, expense, and quality of life—not to mention increased output of greenhouse gases. Perkins & Will is partnering with the University of California San Diego (UCSD), which receives the second-largest of number applications of any university, nationwide, to help those students by designing the largest on-campus housing project in the country.
Last week, the U.S. Securities and Exchange Commission issued new rules requiring public companies to enhance and standardize climate-related disclosures. The rules phase in over time, requiring the largest companies or public investor shares to begin making climate risk disclosures in 2025.
AUSTIN—Despite rumblings to the contrary, the American dream of homeownership is not a fading relic from the nation’s Post World War II era. In fact, homeownership remains a key lever to elevate families from generational poverty to the middle class, according to two of the nation’s top leaders in the housing industry.
AUSTIN—Austin, a tech hub that has become one of the fastest-growing cities in the nation, has grown wider, longer, taller, and denser. And there’s hope that it may become more closely knitted together via an upcoming massive transportation project that could bring more cohesion between affluent areas and traditionally underserved neighborhoods.
A tsunami of emptying houses of worship—up to 100,000, according to one religious source—is washing across America. Developing intelligent reuses and redevelopments for these properties will make the difference between a community flourishing and struggling. Housing advocates view underused faith properties as natural sites to develop projects that help close the great national gap on affordable housing.
As concerns about the sustainability of the world’s love affair with the car and airplane grow, the European Union aims to put more people back on trains, a strategy that will require not only laying new tracks but refurbishing old stations. From Barcelona to Vilnius, some of these developments aim not only to make public transportation more convenient but to renew the quarter in which they are located.
Daryl Fairweather, chief economist for real estate brokerage Redfin, will be presenting at the upcoming 2024 ULI Housing Opportunity Conference in Austin. A classically trained economist with both a Ph.D. and a master’s degree in economics from the University of Chicago, Fairweather previously worked at Amazon and the Federal Reserve Bank of Boston.
Los Angeles attorney George Fatheree III—who made national headlines for aiding members of the Bruce family in the return of beachfront property that was taken from their ancestors, nearly a century ago, through eminent domain—is embarking on a new venture, his own social impact fintech, ORO Impact.
Documenting the legacy and contributions of African Americans both now and in the past in building the United States as it is known today.
Almost all commercial real estate firms have diversity, equity, and inclusion (DEI) initiatives in place in their organizations, with the number of firms adopting formal strategies increasing 5 percent year-over-year, according to the third edition of the Global Real Estate DEI Survey released in January.
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