Monthly Archives: May 2016

Meeting Summary: Leadership in the Changing Real Estate Environment

This is a summary of the May 17, 2016 meeting of the ULI Chicago Women’s Leadership Initiative (WLI) and the Goldie B. Wolfe Miller Women Leaders in Real Estate Initiative. Those who gathered at The Langham Chicago heard a panel of leading women in the industry discuss the influences that have shaped their professional development as well as a variety of other topics of interest to current and next-generation leaders. The moderator for the session was Pam Boneham, Managing Director Central Region, Cornerstone Real Estate Advisers. Panelists were Lynn Carlton, … Read More

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Building Reuse = Building Smarter: Why Developers Agree

Older, smaller buildings in mixed-vintage neighborhoods are outperforming newer, larger buildings in Chicago – they are launching 2X the number of jobs in new businesses, attracting innovative entrepreneurs at higher rates, and are also consuming 12% less energy. The ULI Chicago and National Trust’s recently released summary report “Building on Chicago’s Strengths: The Partnership for Building Reuse” documents how older buildings contribute to the City’s vitality and launches an Action Agenda to leverage them as a driver for neighborhood-based economic development. For developers who are looking to deliver unique spaces as part of … Read More

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From Ideas to Action: Implementing the Building Reuse Action Agenda

ULI Chicago partnered with the National Trust to promote reuse of Chicago’s older building stock by identifying significant barriers and proposing solutions to help overcome them. The Partnership’s Action Agenda, launched on May 16th, is the result of a year-long stakeholder engagement process supported by extensive data analysis to highlight the strength of Chicago’s existing urban fabric. ULI Chicago will continue to harness the knowledge and enthusiasm of its members and community stakeholders, and work in close collaboration with the City of Chicago to implement the Building Reuse Action Agenda over … Read More

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5th Annual Vision Award Finalists Announced

ULI CHICAGO PRESS RELEASE – FOR IMMEDIATE RELEASE For more information, please contact Cindy McSherry, Executive Director, ULI Chicago, 773-549-4972 or Urban Land Institute Chicago Announces 2016 Vision Awards Finalists – Recognizing Visionary Developments, Programs and Young Leaders in the Land Use and Development Fields Chicago (May 17, 2016) – Twenty-six projects, programs, and young professionals were named as finalists for the 2016 ULI Chicago Vision Awards, the district council’s distinctive recognition program. Winners will be announced at the 2016 Vision Awards, June 1, 2016, 5:30 pm – 9:00 pm, … Read More

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ULI Chicago in Partnership with National Trust Presents Recommendations and Action Agenda to Promote Building Reuse

ULI CHICAGO PRESS RELEASE – FOR IMMEDIATE RELEASE For more information, please contact Cynthia McSherry, Executive Director, ULI Chicago, 773-549-4972, or Andy Grabel, National Trust for Historic Preservation, 202-588-6025, Urban Land Institute (ULI) Chicago in Partnership with the National Trust for Historic Preservation Presents Recommendations and Action Agenda to Promote Building Reuse in Chicago CHICAGO (May 16, 2016) — ULI Chicago and the National Trust for Historic Preservation released recommendations and an action agenda today to encourage market-driven reuse of vacant and under-utilized buildings in Chicago. According to the summary report, Chicago’s older, smaller buildings … Read More

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Focus on Reuse: How older, smaller buildings can be better for neighborhoods

In partnership with the National Trust’s Preservation Green Lab, ULI Chicago’s Building Reuse Initiative is working to make it easier to reuse older, under-utilized buildings in the City to create environmentally, economically, and socially sustainable neighborhoods. A summary report to be released next week, demonstrates strong support from local stakeholders including industry experts, City staff, and community residents for the significant role that Chicago’s rich architectural heritage and older buildings play in defining neighborhood character and urban vitality. Video Clip:  Preservation vs. Building Reuse   Recent research by the Preservation … Read More

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Green Flight CPC Members Hear from Variety of Industry Experts at April Council Meeting

ULI Chicago’s Green Flight Product Council hosted an all-day event on Wednesday, April 27th, which was the second in a three-part series for 2016. The 46-member Council consists of ULI members from a diverse cross-section of the real estate industry. The Green Flight program began with a panel discussion on the Affordable Requirements Ordinance (“ARO”), moderated by David Galowich of Madison Realty Group, Chair of the Green Flight Council.  It consisted of presentations by Larry Adelson, of Chico & Nunes, P.C., Matthew Fiascone of The Habitat Company and Alan Lev from … Read More

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Meeting Summary: Investment in Niche Property Types

This is a summary of the April 28, 2016 meeting of the ULI Chicago District Council, which gathered at Jenner & Block’s Chicago office to hear an expert panel of professionals discuss investment trends in some of the hottest niche markets, including student housing, medical office and self-storage. They explored topics that included what factors are prompting increased investment in these sectors, the leading sources of capital, some of the biggest obstacles for attracting capital, and how operators attract new capital flowing into the market. The moderator for the session … Read More

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