Global Trends and Impact on Real Estate Industry

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Global Trends and Impact on Real Estate Industry FALL ADVISORY BOARD MEETING OF THE INDUSTRY ADVISORY BOARD OF THE CONSTRUCTION MANAGEMENT DEPARTMENT – ECU

Transcript of Global Trends and Impact on Real Estate Industry

Page 1: 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

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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

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2500 Block Hillsborough

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The Alley

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Walkable Campus

NC STATE UNIVERSITY

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• 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

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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!

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2010 Distribution of

Student & Faculty Addresses

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The Hillsborough Lofts

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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)

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Economic Prosperity Coordinating Land Use

Land! Our most valuable shared asset!