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Global Trends and Impact on Real Estate Industry
1. 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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20. A couple of notable recent facts –
Top 10 States in the U.S.A. for LEED: Registered & Certified (as
of October 17, 2014)
1.Illinois
2.Maryland
3.Virginia
4.Massachusetts
5.(tie) New York
6.(tie) California
7.Oregon
8.North Carolina
9.Colorado
10.Hawaii
11.Minnesota
26. • 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
27. 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!
30. 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)
Location
Lots
Current View – Front
Current View – Neighborhood
2008 BID Study Report
Over 50 Merchants, Development
We need to seek to increase the population (density) within ¼ mile – ½ mile. We need to identify more opportunities (like Packapoolza) to leverage the affiliation/proximity with NC State. In the near term 5-10 years, this will allow us to attract investment, strengthen and stabilize the retail base. This stabilization and vision, we can business will evolve and diversify the offerings which appeal to a wide variety of tastes and preferences spread across the broader Raleigh-Durham region.