Emerging Trends in Real Estate

12 Dec

Gardner/Fox President Brook Gardner attended the annual Urban Land Institute 2013 Emerging Trends in Real Estate forecast on November 29th at the Union League. The well-researched, detailed ULI report predicts the following for 2013:

Emerging trends for the design and construction industry:

  • Multi-family rental housing is overbuilt
  • Home builders should expect marginal improvements
  • Compactness, people and business seek smaller spaces
  • Rethink and adapt the suburbs

Best Development Bets

  • Infill locations around mass transit hubs
  • Industrial facilities in transportation hubs (ports and airports)
  • Repurpose obsolete property
  • Apartments, Office and medical office in 24 hour urban markets

For more information contact the ULI, http://philadelphia.uli.org/

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