John Hennessy III,
P.E.
URBAN LAND INSTITUTE
In 2013, the slowly recovering global economy influences widely differing approaches to setting infrastructure agendas, as nations work to gain competitive footholds amid ongoing financial distress, political unease, and the challenges of climate change.
URBAN LAND INSTITUTE
America’s metropolitan areas have always been the scenes of dynamic change. In the great metropolitan dance, suburbs and central cities have each played starring roles in their turn, learning from each other, sharing missteps, collaborating, and competing.
Patrick L. Phillips is the Chief Executive Officer of the Urban Land Institute (ULI). Established in 1936, ULI is a global non-profit research and education organization with nearly 35,000 members representing all aspects of land use and development disciplines. Its mission is to provide leadership in the responsible use of land and in creating and […]
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THE URBAN LAND INSTITUTE
Aggressive government belt-tightening and financial market deleveraging restrain worldwide infrastructure investments for 2012 and probably the next five years. The need to invest the dollars that are available on projects that have the greatest effect on economic productivity, real estate demand, and global competitive position has never been more urgent. However, financial austerity and political fractures can stand in the way of better infrastructure decision making.
URBAN LAND INSTITUTE
In 2011, “the U.S. effectively shrugs off infrastructure” in the face of escalating government deficits and cash-strapped taxpayers. Despite a welcome wave of political rhetoric about its importance to the country’s economic future and related worries about falling behind global challengers, a proactive U.S. infrastructure agenda remains buried underneath a long list of other budget imperatives—health care, Social Security, defense, public safety, and education, as well as the need to service the swelling government debt. No matter how desirable, ongoing investment in systems to keep the country competitive and functioning easily can get cast aside in the rush to plug budget leaks.
URBAN LAND INSTITUTE
The innovation economy is sweeping away the old rules of city building in the United States and “anchor institutions”—research hospitals and universities—have become one of the primary drivers of this community-based change. At one time, companies could operate independently of community development factors, make industry-based acquisitions or mergers, forgo partnerships with the public sector, and forge their independent path to thriving business and enterprise value. Today, the technology and information economy has created a tempo of quick-speed change and public/ private community interdependencies that have grown so great they have generated a new paradigm of local economic development and city building.
URBAN LAND INSTITUTE
This report explores an issue that has risen to become one of the most immediate challenges for sustainable development: financing energy efficiency improvements in real estate. It also seeks to provide an overview of how emerging public policies combine to form a new backdrop for real estate investment.
URBAN LAND INSTITUTE
Fundamentally, SB 375 is intended to guide more sustainable land use and development decisions through coordination at the state, regional, and local levels. The Urban Land Institute (ULI), an international nonprofit research and education organization, is appropriately positioned to analyze the potential impacts of and evaluate implementation options for this legislation.
Thomas Murphy is a senior resident fellow, ULI/Klingbeil Family Chair for urban development, Urban Land Institute. Since January 2006, Murphy had served as ULI’s Gulf Coast liaison, helping to coordinate with the leadership of New Orleans and the public to advance the implementation of rebuilding recommendations made by ULI’s advisory services panel last fall. Prior to his service as the ULI Gulf Coast liaison, Murphy served three terms as the mayor of Pittsburgh, from January 1994 through December 2005. From 1979 through 1993, Murphy served eight terms in the Pennsylvania State General Assembly House of Representatives. He is an honorary member of the American Society of Landscape Architects; a board member of the Pennsylvania League of Cities and Municipalities; and a board member of the National Rails to Trails Conservancy.
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Infrastructure 2010: Investment Imperative, the latest annual infrastructure report by Urban Land Institute and Ernst & Young, focuses on water infra and urges decision-makers to view infrastructure as a long-term investment.
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