In the Belgian municipality of Edegem, a 20-minute bike ride from Antwerp’s city center, a camera film roll packing plant has become Minerve, a biodiverse, sustainable mixed-use residential and commercial neighborhood.
Home to 7.5 million people and constrained by surrounding mountains and sea, Hong Kong has evolved into one of the world’s most vertically and densely developed cities. These pressures have driven innovative approaches to transit-oriented development, public housing, and open space. The city served as an ideal setting for Cohort 8’s closing forum by offering both inspiration and critical lessons for cities grappling with similar challenges.
In 2022, Philadelphia-based development firm Post Brothers bought two office buildings on Connecticut Avenue in Washington, D.C., with plans to convert them into approximately 530 residential units. Despite the site’s proximity to Dupont Circle and a coveted residential area, assembling a viable capital stack proved more challenging than anticipated. Ultimately, a $465 million Commercial Property Assessed Clean Energy loan from Nuveen Green Capital in December of 2025—billed as the largest ever originated under the program—made the conversion possible.
In 2025, the country’s industrial market is experiencing a rebalancing in the wake of surging demand and record new supply that marked the early pandemic years. New opportunities in fast-growing markets are emerging, and demand drivers are shifting. New space demand will grow the most, especially for small-bay industrial assets, according to a Q3 2025 report from the business advisory and accounting firm Plante Moran.
Industry Voices
Home to 7.5 million people and constrained by surrounding mountains and sea, Hong Kong has evolved into one of the world’s most vertically and densely developed cities. These pressures have driven innovative approaches to transit-oriented development, public housing, and open space. The city served as an ideal setting for Cohort 8’s closing forum by offering both inspiration and critical lessons for cities grappling with similar challenges.
It’s not as if the old two-story building at the corner of 12th and Remington Court, in Seattle’s First Hill neighborhood, was ever particularly remarkable. Even in its original incarnation, it was a straightforward, utilitarian, mixed-use structure—competently built but not especially well-proportioned or ornately detailed.
Urban Land sat down with ULI Visionary Jonathan Rose during the Institute’s Fall Meeting in San Francisco to learn more about his four-decade ULI membership and the work that lies ahead.
FORUM, a life sciences building developed by Lendlease, is the first purpose-built life sciences building in Boston Landing, a mixed-use district in the city’s Allston-Brighton neighborhood. Targeting LEED Platinum, the recently opened building employs numerous strategies that enable companies to meet stringent regulatory requirements, reduce their carbon footprint, and achieve net zero operations.
Jeff Speck and I first met in 2004. I had just been elected mayor of Oklahoma City, and I was invited to Charleston for an event hosted by the Mayors’ Institute on City Design. Jeff was one of the design professionals lending expertise to mayors facing complex planning issues.
When I took office as mayor of Oklahoma City in 2004, my goals were similar to any other mayor’s: to improve our economy, raise our national profile, and protect our citizens. We had an intersection with safety concerns, and our planning department was pushing the idea to me and the City Council to install a traffic circle. At the time, traffic circles were new to this generation of Oklahoma City drivers, but we soon found out that they were cost-effective and most certainly safer.
ULI Advisory Services
ULI Advisory Services Panels bring together leading experts to help communities navigate their most pressing land use and development challenges. What happens after the recommendations are delivered, though? One year on, we checked back with this community in Fort Worth, Texas, to see how panel insights have turned into action and how ULI’s work is helping to shape meaningful, lasting progress.
New resilience framework touches on infrastructure, economy, equity, housing, and cultural vitality.
A team of ULI experts visited Fort Worth in September 2024 to develop anti-displacement strategies for the city’s historic, majority Hispanic Northside neighborhood, which faces mounting pressure from two nearby megadevelopments, as well as broader metropolitan growth trends that drove up the area’s property values 60 percent from 2016 to 2021.
Eye on the Economy
Developers have been confronting several challenges in terms of supply, demand, and costs that are making it more difficult to break ground on new projects. Yet the total dollar value of overall construction starts is expected to grow 4 percent, to $1.26 trillion, in 2026, according to Dodge Construction Network. Industry experts share their view on where things will shake out as new projects gear up for 2026.
Drawing on insights from more than 1,700 leading real estate investors, developers, lenders and advisors across the U.S. and Canada, the report identifies key opportunities, risks and market shifts that will shape the industry in the coming year.
The National Retail Federation predicts a record-breaking 2025 holiday season, with U.S. sales for November and December projected to grow between 3.7 percent and 4.2 percent—pushing total holiday sales past $1 trillion for the first time. Yet there also are signs that consumers are nervous; that mood, plus accounting for inflation, could leave holiday spending relatively flat.
Project Profiles
Established in 1914, the Cleveland Foundation is a community-oriented, philanthropic organization dedicated to investing in worthy individuals and nonprofit organizations in greater Cleveland, Ohio. With the lease running out on its existing headquarters in the city’s Playhouse Square district, the foundation decided to build its own headquarters, but in an intentional way that would spur economic development in one of the city’s neglected pockets.
Urban Land Contributors
