SUMMER 2024 VOLUME 83, NUMBER 3 URBANLAND.ULI.ORG 30 Outlook for Placemaking FEATURES RON NYREN What opportunities are there for revamping office buildings as multifamily residences? 46 One Vanderbilt SIBLEY FLEMING What SL Green's iconic NYC tower says about the future of cities. 54 Redefining Third Spaces MICHELE LERNER Modern approaches to informal urban gathering places 60 Need for Speed BEN JOHNSON Formula 1 is driving billions to American cities. 30 BEST PRACTICES 36 UL10 Next-Generation Design Firms RON NYREN Ten projects showcase clever urban interventions spearheaded by principals under age 50. 41 2024 ULI Hines Competition Awards JACK MORRISSEY GA Tech wins with proposal for Seatte's Pioneer Square DEVELOPMENTS 18 Making Multigenerational Communities Happen 20 Words Matter: ULI's New Glossary of Racial Equity Terms for Real Estate Leaders 21 How Real Estate Professional Are Using Climate Risk Date to Make Business Decisions 22 Remembering Longtime ULI Member David R. Nelson 36 8 URBAN LAND SUMMER 202 4 COVER: DLR GROUP PHOTO: FREEDOME WEST HOMES FOB_SM24.indd 1 6/5/24 11:52 PM 22 Representatives from ULI Technical Assistance Efforts Share Updates on Implementation of Recommendaitons 18 66 New Olympic Village for the 2026 Winter Olympics in Milan BENNETT VOYLES The lifecycle of these minicities requires a lot of prep for a moment of fame. URBANLAND.ULI.ORG / SUMMER 2024 / $15.00 URBANLAND.ULI.ORG / SUMMER 2023 / $15.00 PUSHING BOUNDARIES REDEFINING THIRD SPACES HINES STUDENT COMPETITION WINNERS ACROSS REGIONS ECONOMIC DRIVERS DESIGNING FOR FORMULA 1 RACING A SENSE OF PLACE Rebuilding urban communitieshttp://URBANLAND.ULI.ORG http://URBANLAND.ULI.ORG