February 16, 2023

Professional Real Estate Development – The ULI Guide to the Business, 4th Edition

The 4th edition of the Professional Real Estate Development – The ULI Guide to the Business, 2023 is co-authored by Professors at Harvard, UW and Cornell Universities and provide practical information on feasibility analysis, design and construction, financing, marketing, and management as they also incorporate tips and advice from more than 200 industry leaders who share their experience on how to avoid mistakes. There are photos, diagrams, spreadsheets, and actual project case studies providing the reader a detailed analysis of the development. Information is specific and detailed, with costs, rents, and financing information included by product type.

The office chapter, authored by Dr. Sofia Dermisi -Lyon and Wolff Endowed Professor in Real Estate and Professor of Urban Design & Planning, identifies ways the technological and structural sustainability boundaries are pushed and how the pandemic has shifted the office occupant expectations on health and well-being, while embracing alternative ways of working through flexibility and adaptability. Office case studies highlight creative ways of linking new with historic landmark structures, overcoming various development challenges, and integrating valuable features in a post-covid era. Additionally, the evolution and repositioning of retail due to the rise of e-commerce and its impact on brick-and-mortar stores provides insights on future trends. While consumer behavior trends, which accelerated during the pandemic, created the emergence of new types of industrial facilities.