The commercial real estate crash is coming and isn't pretty, but ULI senior fellow Stephen Blank and others say it won't be nearly as bad as the collapse of the residential housing market.
Experts say the commercial crash will be a drag on the economy for years to come, but shouldn't cause the upheaval we've seen.
"The problems in both the residential and commercial real estate sectors combined will, essentially, be a drag on the broader economy, said Matt Anderson, a partner with Foresight Analytics, a real estate consulting firm in California. "The good news for economic growth is that it's not nearly as reliant now on real estate, both residential and commercial, as it had been going into the downturn.""
FULL STORY: Commercial real estate is expected to lag as economy recovers
Traditional Retail is Hanging by a Thread. What Now for Cities?
After Kaid Benfield paints a rather grim retail outlook — where even retail bastions like San Diego are going dark — he suggests a series of actions for city leaders and planners.
Land Trusts Put Commercial Real Estate in Community Hands
A growing movement to create community-owned commercial spaces could shift power away from institutional landlords.
The Future of Ground-Floor Retail
With demand for housing growing and for physical storefronts waning, do the restrictions imposed by ground-floor retail zoning still make sense?
Maui's Vacation Rental Debate Turns Ugly
Verbal attacks, misinformation campaigns and fistfights plague a high-stakes debate to convert thousands of vacation rentals into long-term housing.
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
San Francisco Suspends Traffic Calming Amidst Record Deaths
Citing “a challenging fiscal landscape,” the city will cease the program on the heels of 42 traffic deaths, including 24 pedestrians.
Defunct Pittsburgh Power Plant to Become Residential Tower
A decommissioned steam heat plant will be redeveloped into almost 100 affordable housing units.
Trump Prompts Restructuring of Transportation Research Board in “Unprecedented Overreach”
The TRB has eliminated more than half of its committees including those focused on climate, equity, and cities.
Amtrak Rolls Out New Orleans to Alabama “Mardi Gras” Train
The new service will operate morning and evening departures between Mobile and New Orleans.
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
Heyer Gruel & Associates PA
JM Goldson LLC
Custer County Colorado
City of Camden Redevelopment Agency
City of Astoria
Transportation Research & Education Center (TREC) at Portland State University
Jefferson Parish Government
Camden Redevelopment Agency
City of Claremont