A recent project in Seattle—Africatown Plaza—demonstrates the alchemy of community collaboration and a development team’s commitment to creating a neighborhood that can thrive. Much can be learned from how the team prioritized people in the process to make a people-centered place.this process
Infrastructure Ontario’s Provincial Affordable Housing Lands Program aims to create a mix of market-rate housing and permanent, sustainable, affordable housing on surplus land in greater Toronto. For its first effort, the agency chose Dream Asset Management, Kilmer Group, and Tricon Residential to develop a mixed-use community with 2,500 apartments on a former brownfield industrial site.
In late 2025, the ULI Randall Lewis Center for Sustainability in Real Estate convened a series of roundtables with sustainability leaders to explore the industry’s perspective on top global priorities in 2026. Roundtables consisted of members of the ULI Americas Sustainable Development Council, the ULI Asia Pacific Net Zero Council, the ULI Europe Sustainability Council, and sustainability-oriented committees of District Councils from ULI San Francisco, ULI New York, ULI Los Angeles, ULI Singapore, and ULI Philadelphia.
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.
Industry Voices
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.
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.
Several architecture and infrastructure projects add up to a new public realm exalting the pedestrian experience
Three existing federal tax incentive programs that have been used frequently by developers received significant upgrades in this summer’s One Big Beautiful Bill Act. Low-income housing tax credits (LIHTCs) have long provided gap equity for affordable housing projects all over the country. New markets tax credits have been providing gap funding for a wide variety of economic development projects for more than 25 years. More recently, Opportunity Zones have steered investments in projects in low-income communities. The Big Beautiful Bill made improvements to each of these programs.
Few properties in South Florida, or ones well beyond the area, embody vision and resilience quite like Pier Sixty-Six. With its unmistakable spire-crowned tower, set along Fort Lauderdale’s storied Intracoastal Waterway, the landmark has defined the city’s skyline for more than half a century. As a multi-billion-dollar redevelopment of this 32 acre (13 ha) waterfront is now complete, Pier Sixty-Six stands as a model for how iconic real estate assets can be reborn, honoring their history while shaping the next century of urban waterfront development.
Around the turn of the 21st century, downtown Kansas City, Missouri, faced challenges familiar to many American cities: abandoned buildings and surface parking lots filled 10 core blocks despite multiple redevelopment attempts dating to the 1960s. The downtown residential population was sparse, and some 60,000 downtown office workers made haste for the suburbs at 5 o’clock each weekday.
ULI Advisory Services
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.
A group of experts representing ULI visited Buffalo, New York, last November to make recommendations for reviving the city’s Jefferson Avenue Corridor, the main thoroughfare of a historically black area that has suffered a decline in commercial, social, and civic activity and engagement as the result of decades of disinvestment and a recent racially motivated shooting.
Eye on the Economy
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.
Economic forecasters gathered on Thursday, November 6, at the ULI Fall Meeting at the Moscone Convention Center in San Francisco to analyze the current landscape and future expectations for the economy. The ULI Real Estate Economic Forecast, a semiannual survey of leading industry experts, served as the backdrop for discussions about how 33 key economic and real estate indicators are projected to move by the end of 2025, 2026, and 2027.
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.
Project Profiles
Steps from the Place de l’Europe in Paris, the French real estate company Covivio has recast a historic telephone exchange as its headquarters. Dubbed “L’Atelier,” the complex showcases the firm’s expertise, values, and culture; houses 250 Paris employees; and supports the company’s three business lines: office, hotel, and residential.
Urban Land Contributors
