New Report from ULI and Heitman Equips Real Estate Investors with Insights on Climate Risk Disclosure Data
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On July 29th, ULI and the Citistates Group convened a week-long summit at the Rockefeller Foundation’s Bellagio Center to look at rapid urbanization in global cities, with a particular focus on infrastructure planning and investment. Discussions revolved around the challenges of creating prosperous, opportunity-rich, sustainable cities through the lens of four critical building blocks: transportation, water, energy, and public space. An implementation framework emerged, focused on leadership, technology, and financing structures and strategies.
The group came up with some “big ideas,” but no “big answers.” But the diversity of the group–geographic, professional, and intellectual–provided a rich backdrop for sharing ideas with people who don’t often get the opportunity to talk to one another. Planners from Addis Ababa and Mexico City told their stories to real estate investment fund managers from New York City. Decision-makers from Singapore discussed housing policy with senators from Pakistan. The group found consensus around the pressing need to think creatively about infrastructure and generally how these building blocks should work to support city-building. The space in between–implementation–is where the group’s big ideas came into play and where the really fruitful conversations took place, and that took into account the myriad external factors (including corruption, governance, and culture) that have an impact on how cities work.
The discussions centered on the various components of cities that make them livable and prosperous–open space, energy, water, and transportation—and how each of these individual parts of cities’ underpinnings are both challenged and enabled by issues related to finance, technology, and governance. While opinions on addressing these issues were as diverse as the group itself, everyone agreed that in the 21stcentury, the cities that are globally competitive will be those that are built for people, not cars, whether they are still-developing emerging markets or mature markets being redeveloped.
Ella Fertitta September 18, 2023
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September 15, 2023
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Tammy Fate September 7, 2023
NEXT Virginia shares the highs and lows of starting a new NEXT group in an exclusive Q&A.
Laura Woltanski September 7, 2023
Featuring Jamie Weinbaum, new co-chair of the Americas NEXT Leadership Steering Committee.
September 5, 2023
Test Committee Post
August 23, 2023
Fort Wayne is seeking a development team for a new mixed-use center of activity on a 7+ acre parcel near a Riverfront location
August 23, 2023
This is a full-time, hybrid, exempt position, located in Washington, DC.
August 22, 2023
Check out a full list of Sustainability-focused events at the 2023 ULI Spring Meeting!
August 22, 2023
Student Resource Page for ULI's Fall Meeting in Los Angeles
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