Mary Ludgin is Heitman’s Head of Global Investment Research. She is a partner of the firm and holds a seat on its investment, valuation, and global management committees. Mary was a Global Trustee of the Urban Land Institute and she chaired ULI’s Chicago District Council.
A group of professionals from a diverse set of professional backgrounds discuss strategies for creating Workforce and Affordable housing to ensure housing affordability in downtown districts.
Every community needs housing options that meet a diversity of incomes and lifestyles. Downtowns, city centers and neighborhood districts throughout North America are working to make attainable housing a reality for people seeking an urban lifestyle. Urban place management organizations of all sizes and resource levels can play a role in encouraging more housing at a variety of price points and of varying styles.
The affordable housing crisis is forcing downtown workers to live farther and farther away, reducing our competitiveness as a jobs center. Downtown organizations are in a unique position —due to our skills, partners, constituencies and clout— to take a leadership role in creating workforce housing. Come hear creative examples that you could implement in your community.
In late 2019, P.U.M.A. and IDA jointly released the 2020 Global Trends Report highlighting opportunities arising from converging shifts in demographics, lifestyles and a new category, “disruptive forces,” that are shaping our cities. Little did we know that months later we’d be in the midst of the disruptive events of our lifetimes – the pandemic that has wreaked havoc on public health and economies, and the American protests for racial justice that could accelerate dramatic social change.
Every community needs housing options that meet a diversity of incomes and lifestyles. The Housing Attainability Top Issues Council report demonstrates how urban place management organizations of all sizes and resource levels can play a role in encouraging more housing at a variety of price points and of varying styles.
Millennial demographics, internet-fueled lifestyles, and a sharing economy (rides, workplace) alter land use and tax generation priorities for cities. Retail is no longer just about retail, with “place,” authenticity, and “trips,” becoming the defining components of a successful town center. Concurrently, the state is driving cities to change land use processes based on climate control and affordable housing mandates, while providing development incentives through new incentives and districts.
Through its Development Loan program, Memphis’s Center City Development Corporation offers a low-interest loan product designed to support smaller commercial developments. It offers a low-interest loan of up to $200,000 for permanent building renovations and new construction within the Central Business Improvement District. The product is not a construction loan; rather, it is permanent financing that can be used to take out a construction loan.
In recent years, housing costs in Portland have been rising as the city becomes increasingly attractive within the State of Maine and as compared to other regions nationally. There has been little development of new housing affordable to current Portland residents and very little construction of new housing at all between 2007 and 2014. To address the issues of housing availability and affordability the City of Portland adopted a host of strategic policies and initiatives.
Gentrification and displacement of residents and businesses is a key issue facing communities as they grow and change, particularly for immigrants, refugees and communities of color. Learn from policymakers with urban district experience how place managers can partner to help preserve the essence of place, culture, and community – utilizing strategies like workforce investment, community wealth building, equitable development, business estate planning, nonprofit capacity building and more
P.U.M.A.’s award-winning Global Trends Report has been a go-to resource for downtowns for more than a decade. This debut of the 2020 edition will provide insight on what’s next for downtowns given shifts in demographics, lifestyles and competition. The panel will also provide provocative recommendations on how downtown managers can adapt to and get ahead of trends shaping our cities.
For decades, downtowns were built on the premise that office recruitment and expansion was the foundational element for long term success. Our panel believes that housing is now playing an outsized role in surging downtown success and that the attraction of housing is a necessary precursor to bring jobs back from the suburbs. Panelists will explore this idea with real-world market data and case studies from Charlotte, Denver, and elsewhere.
The Community Redevelopment Agency’s (CRA) Parramore Housing Infill Program is specifically designed to increase homeownership in areas which have characteristically been difficult to develop due to aging housing stock, widespread non-conforming lots sizes, and antiquated infrastructure. Each home incorporates green building components and quality context-specific design, meeting the specific needs of Parramore residents.
Albus Brooks is the Vice President of Business Development and Strategy for Milender White, a development and construction firm operating in Southern California and Colorado. Serving two terms on Denver City Council, including two terms as Council President, Albus accomplished an ambitious range of progressive legislative victories with the goal of building a truly inclusive city.
Gabriel Metcalf is the President & CEO of SPUR. Under his leadership, SPUR has grown dramatically in influence and membership. Before becoming head of SPUR 2005, Gabe headed up SPUR’s policy and advocacy work for five years. A prolific writer and speaker, Gabriel earned his Master’s degree in city planning from the University of California, Berkeley’s College of Environmental Design.
David Dixon leads Stantec’s Urban Places Group, an interdisciplinary practice committed to helping cities and suburbs alike manage the accelerating pace of social, economic, and environmental change for community benefit. During his master talk at the 62nd Annual Conference & Tradeshow in Atlanta, Georgia, Sept. 7-9, 2016, David explored the challenges in building an equitable city.
Lourdes M. Castro Ramírez is an accomplished executive dedicated to building partnerships, improving lives and communities, and expanding economic, educational and health opportunities. She is currently the President of the University Health System Foundation in San Antonio, Bexar County, and South Texas.
Simon O’Byrne is an award-winning urban designer/planner with Stantec’s Urban Places who has been frequently quoted in European and North America media and spoken at many international conferences. Simon has led multi-disciplinary design teams in the planning and delivery of complex and politically charged projects. His experience ranges from intensive urban revitalization redevelopments, to the Ice District in Edmonton, to creating resiliency in Hull, UK, to the Alberta Legislature Grounds.
The City of Albany began the Downtown Residential Development Initiative in 2002 with the purpose of increasing mixed-use development and adding residential units in its downtown. This was a strategic recommendation of the City of Albany’s economic development strategy “Capitalize Albany” first released in 1996. The strategy identified downtown diversification as a critical element of the City’s overall economic health and revitalization.
Downtowns, as areas of rapid growth, have become key tools in the economic development arsenal. They have created the places where entrepreneurs and businesses want to work. This document chronicles and reports on the intersection of downtown management and economic development. Today, economic development has become a staple program of downtown organizations, and the variety of approaches to downtown economic development is immense, reflecting differences in downtowns and their communities.
This paper explores the importance of downtown residential activity, reviews efforts to attract housing development into downtowns and discusses many of the elements of accommodating downtown residents once they are there.
Community improvements made by a variety of stakeholders often disproportionately benefit property owners who do not contribute their fair share. In many instances property owners become millionaires on the back of the work and investment of others. This presentation walks through a scenario where a property owner with a property assessed at $650 thousand is selling for $3.2 million, breaking down the community improvements that have lifted the property’s sale value.
IDA’s Advisory Panels are a time-tested way to explore new ideas, solve difficult problems, and rally the board, staff and community around priority projects or topics. This panel was asked to identify the challenges and obstacles for building new housing in downtown, as well as identify resources and tools available for creating new housing. The report details the panel’s findings and recommendations.
IDA’s Advisory Panels are a time-tested way to explore new ideas, solve difficult problems, and rally the board, staff and community around priority projects or topics. This panel was asked to assess the downtown’s on-the-street activity, street level offerings, and the governance and partnerships managing the downtown area. The report details the panel’s findings and recommendations.
IDA’s Advisory Panels are a time-tested way to explore new ideas, solve difficult problems, and rally the board, staff and community around priority projects or topics. This panel was focused on workforce housing demand and social equity, as well as physical connections in central city and oppertunities for collaboration on housing issues among various community development organizations. The report details the panel’s findings and recommendations.
IDA’s Economic Development Top Issues Council has been working throughout 2018 to compile research on how downtown organizations engage and practice economic development. See how your downtown stacks up. Learn about cutting edge programs and policies that downtown organizations are using to advance their economic development agendas. Find out about the top trends and issues facing downtowns in the area of economic development.