Randall Lewis/Building Healthy Places Forum at the Fall Meeting in Chicago
The thirteenth in the series of Building Healthy Places Forums will be held in conjunction with ULI's Fall Meeting in Chicago.
For more information, email [email protected].
WASHINGTON (August 25, 2021) – The real estate industry can simultaneously combat inequality and boost property values by improving broadband access, according to a new report from the Urban Land Institute (ULI). ULI is a global, member-driven organization comprising more than 45,000 real estate and urban development professionals dedicated to advancing the Institute’s mission of shaping the future of the built environment for transformative impact in communities worldwide.
The new Broadband and Real Estate: Understanding the Opportunity report, from ULI’s Curtis Infrastructure Initiative, makes clear that high-speed internet is no longer a luxury but a necessity for participating in society and the economy.
“The COVID-19 pandemic turned the world upside down,” said Craig Lewis, chair of the Curtis Infrastructure Initiative Global Advisory Board. “Virtually overnight, the internet became our primary means of working, attending school, seeking healthcare, and so much more. Everybody deserves access to the opportunities the internet provides, and this report shows us how we in the real estate community can help make that happen.”
The report’s key findings include:
The report also highlights real estate and community initiatives that have expanded broadband access in different cities — and therefore increased real estate desirability and digital resource equity.
“Communities across the country understand that broadband is the critical ingredient for increased economic opportunities and the future of real estate development,” Craig Lewis continued. “Broadband has become an essential utility for every project—just like water and power. It is the backbone for all building communications and tenant expectations. But access is not enough. It must also be fast, reliable, and future proof.”
The full Broadband and Real Estate: Understanding the Opportunity report is available on ULI’s Knowledge Finder.
For more information, contact [email protected].
About the Urban Land Institute
The Urban Land Institute is a nonprofit education and research institute supported by its members. Its mission is to shape the future of the built environment for transformative impact in communities worldwide. Established in 1936, the Institute has more than 45,000 members worldwide representing all aspects of land use and development disciplines. For more information on ULI, please visit uli.org or follow us on Twitter, Facebook, LinkedIn, and Instagram.