Global Trends and Impact on Real Estate Industry

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Transcript of Global Trends and Impact on Real Estate Industry

Global Trends and Impact

on Real Estate Industry

FALL ADVISORY BOARD MEETING OF THE INDUSTRY ADVISORY BOARD OF THE CONSTRUCTION MANAGEMENT DEPARTMENT – ECU

A couple of notable recent facts –

Top 10 States in the U.S.A. for LEED: Registered & Certified (as of October 17, 2014) 1.Illinois2.Maryland3.Virginia4.Massachusetts5.(tie) New York6.(tie) California7.Oregon

8.North Carolina9.Colorado10.Hawaii11.Minnesota

2500 Block Hillsborough

The Alley

Walkable Campus

NC STATE UNIVERSITY

• Policy LU 2.1 Place Making

• Policy LU 2.2 Compact Development

• Policy LU 5.1 Reinforcing the Urban Pattern

• Policy LU 8.14 Encourage Student Housing

Immediately Adjacent to University in Transit

Oriented Areas

Compatible with the property and surrounding area

2030 Comp Plan Consistency

Hillsborough Street District Bid Formation Study Report

By Downtown Professional Network (May 2008)

84% of Business is within ¼ Mile (5 Min Walk)

MORE PEOPLE ON HILLSBOROUGH!

2010 Distribution of

Student & Faculty Addresses

The Hillsborough Lofts

10% Open Space on Hillsborough - Activates Public Realm

Focus on Place-Making

Turn Private Alleyway into Public Pocket Park and

Bike Racks (Future Bike Share)

Economic Prosperity Coordinating Land Use

Land! Our most valuable shared asset!