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Mountain Lake, VA - Advisory Services Panel
Mountain Lake is a freshwater lake located in Giles County, Virginia approximately 32 airline miles northwest of Roanoke and about a 30-minu
September 27, 2022
Ella Fertitta
WASHINGTON (September 27, 2022) – A new report from the Urban Land Institute (ULI) explores the social, environmental, and economic benefits of creative placemaking, along with successful case studies in the United States.
Creative Placemaking: Recommendations from and Impact of Six Advisory Services Panels presents the business case and process for creative placemaking – an innovation that brings art and culture to the early design process of a real estate development project. Using six primary case studies from ULI’s Advisory Services program, the report offers unique insights into how creative placemaking can spark a cultural rebirth in real estate projects, revitalize communities, and boost returns on investment for developers. It also provides best practices about how to plan, finance, implement, and manage projects.
“Creative placemaking isn’t just an aesthetic choice – it’s a vital tool for urban development and renewal,” said Tom Eitler, senior vice president of Advisory Services at ULI. “As a marketing tool that demonstrates the strength of the ULI Advisory Services process and an educational aid that highlights the economic, social, and environmental value of creative placemaking, this report represents a huge step forward for ULI in achieving our mission. We’re proud to provide this guidance to our members and the real estate community.”
The report offers six Advisory Services panels (ASPs) convened during the past five years as case studies illustrating successful creative placemaking across diverse project types in U.S. cities of various sizes, economic conditions, and geographic locations:
“The ULI case studies in our report are models for how creative placemaking can revitalize and transform diverse communities,” said Juanita Hardy, the report author and consultant to ULI on Creative Placemaking. “In urban areas that are changing due to gentrification, it’s an invaluable tool for preserving history and culture. In communities threatened by environmental change, it inspires creative solutions that promote resilience.
“Artists bring fresh approaches to problem solving. They are creators, innovators, people connectors, and more. Engaging artists early in the design process can be crucial for solving difficult land use challenges.”
The full Creative Placemaking: Recommendations from and Impact of Six Advisory Services Panels report is available on ULI’s Knowledge Finder platform.
NOTE TO REPORTERS AND EDITORS: Members of the media and public are invited to the following session, which will be part of ULI’s annual Fall Meeting:
For more information and to register for the 2022 ULI Fall Meeting, email [email protected].
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About the Urban Land Institute
The Urban Land Institute is a non-profit 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.
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