2022 Spring Issue - 21

thisissue
Solving the Housing Crisis
The shortage of housing that is affordable to
moderate- and lower-income households and firsttime
buyers remains one of the dominant challenges
facing commercial real estate industry leaders today.
In response, the Urban Land Institute convened an
Attainable Housing Roundtable (page 24), bringing
together members of an attainable housing subgroup
of ULI's Global Governing Board of Trustees and other
ULI stakeholders for a discussion about the attainable
housing shortage and potential solutions.
In this issue's Outlook (page 46), San Francisco
Bay area-based journalist Ron Nyren expands the
conversation, speaking with members of ULI's Sustainable
Development Council and Affordable/Workforce
Housing Council about strategies for creating affordable
green multifamily housing, the challenges of and
opportunities for achieving net zero, and other ambitious
goals in the property segment.
This, the Housing Issue of Urban Land, showcases
the winners of the 2021 Jack Kemp Excellence in Affordable
and Workforce Housing Awards (page 77), which
honor exemplary developments that ensure housing
affordability for people with a range of incomes, and
specifically recognize efforts by the development community
to increase the supply of homes affordable to
households earning less than 120 percent of the area
median income.
Member-written thought leadership is particularly
strong in this issue. Seattle-based Ada M. Healey, a
member of ULI's Urban Development and Mixed Use
Council and chief real estate officer for Vulcan, writes
about expanding affordable housing using public/
private partnerships (page 45). Addressing the impact
of technology innovations on affordable housing, New
York City-based Kyle Bolden, a member of ULI's Technology
and Real Estate Council (Blue Flight) and the
U.S. east region market segment leader-real estate,
hospitality, and construction sector for EY, takes a look
at housing as an important opportunity to bridge the
digital divide (page 90). And finally, our Landwrites
column, written by Sudha Reddy, a member of ULI's
newly formed Single-Family Rental Council and managing
principal at Los Angeles-based Haven Realty
Capital, takes a deep dive into the COVID-induced
accelerating demand for build-to-rent single-family
housing (page 106).
The Housing Issue also contemplates the impact of
climate change on where people live and how investors
can think about placing their dollars in " Climate Migration
Is Now " (page 84). In this feature, Berlin-based
journalist Grace Dobush unpacks ULI's new report with
Heitman, Climate Migration and Real Estate Investment
Decision-Making.
Looking ahead to ULI's Spring Meeting in San Diego,
Los Angeles-based journalist Karen Jordan explores
projects that connect San Diego County's various cities
as stakeholders focus on reinvesting in areas with preexisting
infrastructure and transit (page 56).
In a broader sense, increased green infrastructure
such as green open space is likely to be a lasting
impact of the pandemic, even in a land-constrained
market like Hong Kong. Local journalist Mark Cooper
writes that ULI Hong Kong, undeterred by the city's
inherent density, is creating a framework for new pocket
parks with the intent of activating unused hilly spaces
(page 28).
Then in UL10, Nyren takes the reader around the
world for a look at green spaces created in the past five
years that, in many cases, mean tearing up asphalt or
adapting existing parks or other facilities to add trees,
paths, lawns, gardens, and areas in which to socialize
and recharge (page 65).
This issue also marks a milestone as we publish
the last Solution File column by William P. Macht,
Portland State University professor of urban planning
and development, which has been a staple of this
magazine for the past 20 years (page 100). Please
stay tuned for a retrospective of Macht's best work on
Urban Land online this spring. Meantime, we look forward
to seeing everyone in San Diego! UL
SIBLEY FLEMING is editor in chief of Urban Land.
SPRING 2022
URBAN LAND
21
North Bethesda Town
Center is a major
transit-oriented mixeduse
development
adjacent to the White
Flint Metrorail station
in Bethesda, Maryland,
featuring 950,000
square feet (88,000
sq m) of office and
retail space and 410
high-rise apartments
in two towers. Planning
calls for an additional
200 apartments.
CR DESIGN COLLECTIVE INC.
2022 Spring Issue

Table of Contents for the Digital Edition of 2022 Spring Issue
