At a recent meeting of the Urban Land Institute, delegates discussed what urban development will look like in the 21st Century -- and what it will need to be successful.
How do some of America's best minds in the real estate and urban development game -- leaders and friends of the Urban Land Institute -- react to projections of 100 million more people by 2043?
Notably, the development community's reaction to coming waves of population isn't just rah-rah for new moneymaking opportunities. Instead, the ULI leaders and advisers focused on goals rarely mentioned in their circles a decade ago: sustainability (with special reference to energy and climate change challenges), equity (focused on the growing income gulf between American classes and races), and international competition (how our citistate regions can compete globally).
The physical chessboard will be different. Unlike the traditional city-suburb-"exurb" pattern of the 1950-2000 period, the emerging "megapolitan" regions show commuting patterns linking, "daisy-chaining" and filling in once-empty spaces between formerly separate places as much as 100 miles apart. Employment is split among the historic downtowns and new suburban office centers. Some people endure incredibly long commutes among parts of these regions, or, in a sure-to-grow phenomenon, telecommute from amazing distances, visiting their formal offices only occasionally.
FULL STORY: Developing an altered land
Depopulation Patterns Get Weird
A recent ranking of “declining” cities heavily features some of the most expensive cities in the country — including New York City and a half-dozen in the San Francisco Bay Area.
California Exodus: Population Drops Below 39 Million
Never mind the 40 million that demographers predicted the Golden State would reach by 2018. The state's population dipped below 39 million to 38.965 million last July, according to Census data released in March, the lowest since 2015.
Chicago to Turn High-Rise Offices into Housing
Four commercial buildings in the Chicago Loop have been approved for redevelopment into housing in a bid to revitalize the city’s downtown post-pandemic.
New Park Opens in the Santa Clarita Valley
The City of Santa Clarita just celebrated the grand opening of its 38th park, the 10.5-acre Skyline Ranch Park.
U.S. Supreme Court: California's Impact Fees May Violate Takings Clause
A California property owner took El Dorado County to state court after paying a traffic impact fee he felt was exorbitant. He lost in trial court, appellate court, and the California Supreme Court denied review. Then the U.S. Supreme Court acted.
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The way we design cities affects housing costs differently than you might think.
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