ULI South Carolina’s Post

Our local leaders have a huge impact on the success of our communities and investments. Since coming to Georgia I decided to research Atlanta’s Mayor Andre Dickens. Since taking office in January 2022, Mayor Dickens has influenced Atlanta's real estate landscape through various initiatives. Here are a few: 1. Affordable Housing: Launched projects to add over 5,000 affordable housing units, aiming to address the city's housing needs. 2. Development Projects: Supported sustainable urban growth with initiatives like the Atlanta BeltLine expansion and the Gulch redevelopment, intended to revitalize underutilized areas. 3. Regulatory Improvements: Implemented measures to streamline permitting and zoning processes, aiming to reduce bureaucratic obstacles for developers. 4. Public-Private Partnerships: Facilitated collaborations between the city and private developers, resulting in mixed-use developments like Westside Park and Centennial Yards. Mayor Dickens' term is set to run until January 2026. It will be interesting to see how these initiatives will shape Atlanta’s real estate sector. What do you think are the most critical factors shaping Atlanta’s real estate market right now, and how do you see them influencing future investment opportunities? #Atlanta #RealEstate #UrbanDevelopment #AffordableHousing #Leadership #Sustainability

Cleveland is on the brink of a monumental transformation. Mayor Justin M. Bibb has unveiled a groundbreaking $1 billion+ incentive package to support Bedrock's ambitious $3 billion plan for revitalizing Tower City Center and the Cuyahoga River's eastern bank. This visionary project aims to convert underutilized spaces into a vibrant neighborhood featuring 2,000 new residential units, over a million square feet of office space, retail and entertainment venues, and 12 acres of riverside parks and promenades. 𝗞𝗲𝘆 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀: • $600 million from tax-increment financing (TIF) for development costs. • $115 million from the "Shore-to-Core-to-Shore" TIF district for public infrastructure. • Creation of 400 affordable housing units. • Significant contributions to workforce development and minority-owned businesses. This initiative is poised to generate billions in economic benefits, including job creation and substantial public access to the riverfront. It's an exciting step towards realizing Cleveland's potential as a "two-waterfront city." For more details, check out the full article from cleveland.com in the comments. #Cleveland #UrbanDevelopment #EconomicGrowth #Infrastructure #Sustainability #CommunityDevelopment City of Cleveland - City Hall

Hailed as one of Texas’ fastest growing cities, #PrincetonTexas exudes the charm of a small town but boasts the commercial appeal of a modern metropolis. With its strategic location to key universities and flourishing housing market where the city’s “bursting at the seams with rooftops, Princeton TX is unlike any other city. Read this feature article about the evolution of a city that wants to lead, set the pace and set the standard: https://lnkd.in/gpXHd-NZ Lite & Barricade Peoples Bank Texas Meritage Homes Princeton-Lowry Crossing Chamber of Commerce The NRP Group LLC Armani Homes #Princeton #Texas #LoneStarState #strategicgrowth #collegetown #boomingmarket #housingmarket #city #smalltowncharm #leadership #highstandard #qualityliving #businessparks #infrastructure #growth #recreation #businessgrowth #evolution

This week, I had the privilege of attending the Austin-San Antonio Growth Summit, hosted by the Austin Business Journal and the San Antonio Business Journal at the City of New Braunfels Convention Center. Central Texas continues to be one of the fastest-growing regions in the U.S., and City Managers from the following cities gathered to discuss plans for responsible and sustainable growth: City of New Braunfels, TX City of Buda, TX City of Kyle, TX City of Kyle, TX City of San Marcos City of Schertz To underscore this growth, data shows that the City of Kyle, TX has experienced a 9% year-over-year population growth for the past five years—a remarkable indicator of the area's rapid development. Top 3 Challenges & Opportunities Facing These Cities: Housing Affordability: With Austin's median home price currently at $551K, the supply and demand imbalance continues to be a challenge for many surrounding areas. Quality of Life: Cities are investing heavily in “placemaking” projects—such as parks, community spaces, downtown revitalizations, and bike/hike trails—that are designed to foster a sense of community and enhance livability. Traffic & Infrastructure: Every city and county in Central Texas is prioritizing and budgeting for major road improvements, with many going out to bond to fund these critical projects. These challenges are interconnected, each influencing the other. While every city is unique, the common theme is that with growth comes both challenges and opportunities—especially when it comes to building thriving, resilient communities. One thing that will have a positive impact on the interconnectedness of Austin - San Antonio is the Great Springs Project. The Great Springs Project is working to create a greenway of protected lands between Austin and San Antonio over the Edwards Aquifer recharge zone. This green corridor will be connected by a network of spring-to-spring trails, linking the four iconic springs of Central Texas: Barton Springs, San Marcos Springs, Comal Springs, and San Antonio Springs. #CentralTexasGrowth #ABJ #SABJ #design #DLRGroup #GreatSpringsProject #growth

Chandler, AZ Economic Development: Infill and Redevelopment Forum. Heather Personne, Rommie Mojahed and Manjula Vaz shared insights and trends in the Pandora’s box that can be redevelopment projects. Downtown Chandler is evidence of successful redevelopment. Michael Pollack has evidenced this for decades. But what does that look like? What can be done with the people that are already there to help them be a part of the vision, success? City of Mesa has shown success with it’s diversity of its submarkets, giving each area an identity, for example Longbow or the Asian District. By doing so the community support and involvement has increased. The interest by complimentary uses is peaking. Redevelopment translates to surprises. It isn’t for those that cannot handle a curve ball. Keeping an opportunistic mindset and an optimistic attitude is key to navigate theses waters. #redevelopment #infill# #chandler #arizona City of Chandler Economic Development City of Chandler, Arizona Women in Commercial Real Estate - #womenincre Evolve Ventures, LLC CRE8 Advisors Gammage & Burnham GPS Commercial Advisors

🌟 Transformative News for Downtown Pittsburgh! Governor Shapiro just announced a game-changing $500M+ public-private partnership to revitalize downtown Pittsburgh, including 7 major residential conversions adding 1,000+ new apartments . Key highlights of this visionary plan: -$62.6M in state funding -$376.9M in private investment -3,500 construction jobs Major upgrades to Point State Park, Market Square & Cultural District As a Pittsburgh-based developer, we're thrilled to see this level of commitment to our city's future. The collaboration between public officials, corporate leaders, sports teams, and developers signals a new chapter in Pittsburgh's evolution. This isn't just development - it's transformation. Downtown Pittsburgh is positioning itself as a premier live-work-play destination, and we're proud to be part of this dynamic market. #Pittsburgh #PittsburghBusiness #PittsburghSteelers #PittsburghPenguins

I want to make sure last week’s piece by Malachi Barrett of BridgeDetroit on the Renaissance Center got noticed amid all the news around the NFL Draft. Whether you’re a fan of the building or not, the RenCen has an impressive history. Mayor Coleman Young and Henry Ford had strong ideas about what Detroit needed, from the architect to the developers to the tenants. Barrett does a great job of respectfully outlining the RenCen’s history and what leaders envisioned would be the impact of this enormous undertaking. They formed a collaboration of 51 corporate investors. They believed it would make Detroit more attractive to businesses and residents. This project would have a major impact on the world of work, urban planning and architecture, and economic development. Barrett states: “There are parallels between the RenCen’s debut and conversations about the state of downtown today. Then and now, reducing crime, relocating businesses downtown, and expanding hotel capacity were viewed as important for the city’s success.” I couldn’t agree more. Nearly 50 years later, the Downtown Detroit Partnership, Detroit Economic Growth Corporation, the City of Detroit and others in the public and private sectors continue to tackle these challenges and opportunities. GM’s move doesn’t change that. It only means we have to think differently about how we get there. #DowntownDetroit, #WMIH, #UrbanInnovation, #RenCen, #Leadership https://lnkd.in/gpKJ9DTD

My Dream for American Cities Today is a day that our nation has reserved to commemorate the life and legacy of Rev. Dr. Martin Luther King, Jr. He challenged us all to dream of a better future. It is my dream that American cities are experienced as healthier places to live, work, and play, regardless of one’s zip code, race or economic status. As the 2024 president of the AIA, I aspire to elevate the role of architects in civic discourse and policymaking, in service to the betterment of our cities. This is why EVERY MAYOR NEEDS A CHIEF ARCHITECT. As a Detroiter who has also worked in D.C., New York and Chicago, I’ve seen firsthand the challenges faced by U.S. mayors. As they navigate a maze of complex issues, there’s often an important voice missing from civic dialogues: that of the architect. This is why I’m urging mayors to appoint a chief architect as a key advisor. Following up on my remarks at the U.S Conference of Mayors in 2023, I will address over 200 mayors this week at the 2024 conference in Washington, D.C. Again, I will convey a message that, “Architects are the civic problem solvers you didn’t know you needed.” Here are five ways a chief architect can help a mayor’s vision and a city’s future:   1. Champion climate action   2. Advance health equity 3. Promote affordable housing 4. Support historic preservation and adaptive reuse or retrofit projects 5. Enhance transportation options and transit-oriented development   Mayors should meet with local architects to brainstorm about their city’s specific needs and possibilities. If you want to support this initiative, contact your mayor and your local AIA chapter to suggest an information session. With a chief architect advising on our urban policies and pivotal projects, we have a better chance of building better cities where EVERYONE can thrive. Wouldn’t that be a dream?   #MoreIn24Monday #KND4AIA #100Week5 #MLKDay

Rochester, NY 🦁: Top Developments to Watch 👀 for Investors! Calling all real estate rockstars! Rochester, NY is quietly becoming a major player in the investor game. Here's a look at some developments ripe for the picking: 19th Ward (North Central): This historic area is experiencing a beautiful renaissance. Think restored mixed-use buildings offering modern apartments, trendy shops, and vibrant community spaces. Ideal for young professionals and students seeking an urban vibe. ☕️ Corn Hill Arts District (Downtown): Converted warehouses and historic buildings are transforming into stunning lofts, art studios, and chic eateries. This walkable gem attracts creative professionals and those seeking a one-of-a-kind lifestyle. ️ Genesee Brewery Revitalization (North): History meets opportunity! The iconic Genesee Brewery site is undergoing a massive redevelopment. Imagine apartments, retail space, a beer hall, and potentially a new baseball stadium – all steeped in Rochester's rich brewing heritage. ⚾ University District Transformation (East): The University of Rochester is a major economic driver, and the surrounding area is seeing exciting growth. Expect new student housing options, research facilities, and a focus on walkability and green spaces. Perfect for investors seeking stable, long-term returns. Beyond these: Rochester's Inner Loop is undergoing a beautification project, and the High Falls District is a hub for restaurants and nightlife. Keep an eye on these areas for further development potential. ️ Remember: With a strong healthcare sector, affordable living, and a growing young professional population, Rochester offers a unique blend of stability and potential. Do your research and find the development that matches your investment goals! https://lnkd.in/e_Sk_ZkW #RochesterNY #RealEstate #Investment #Development #Opportunities

🌎According to the World Resources Institute, we can expect urban areas to increase by up to 80% from 2018 to 2030. 📈 These revitalization efforts not only preserve the historical character of these areas but also stimulate economic growth, attract tourism, and create vibrant communities for residents and visitors to enjoy. 📍Knoxville: Market Square and the surrounding areas have been transformed into vibrant districts with an array of restaurants, shops, entertainment venues, and residential spaces. 📍Chattanooga: While not technically in East Tennessee but neighboring it, Chattanooga has transformed its riverfront and downtown into a bustling hub of activity, with attractions like the Tennessee Aquarium and the Creative Discovery Museum. 📍Johnson City: Part of the Tri-Cities region, revitalized Founder's Park and the development of the Tannery Knobs Mountain Bike Park have helped attract visitors and investment to the area. 📍Bristol: Another city in the Tri-Cities area, Bristol has focused on revitalizing its downtown district, particularly around State Street, containing The Birthplace of Country Music Museum. Let’s connect to discuss the new opportunities for property management in these booming cities! 👋Drop a message on LinkedIn or email me at rogermoore@koellamoore.com to start your CRE journey. -- #CRE #commercialrealestate #tennessee #easterntennessee #CREbrokerage #investment #knoxville #easttennessee #propertymanagement #realestate #advisors #TN #experts #NAIKoellaRMMoore #EastTN #realestatedevelopment #CREDevelopment