News: Owners Developers & Managers

Urban Land Institute of Boston/New England’s Mobility Oriented Development Initiative receives award

Boston, MA According to the Urban Land Institute (ULI) of Boston/New England, its Mobility Oriented Development (MOD) Initiative has been honored with a ULI District Council 2024 Showcase of Excellence Award in the category of “Best Program for Increasing Housing Attainability.” This accolade recognizes the Initiative’s groundbreaking approach to enhancing housing opportunities and quality of life across Massachusetts communities.

The ULI Americas District Council Awards spotlight the exceptional efforts made by district councils to advance the Institute’s mission of creating and sustaining thriving communities globally. 

District councils, as integral proponents of ULI’s mission and work, carry out initiatives in cities and towns in their respective regions through the dedicated efforts of their members. ULI Boston’s MOD Initiative stands out for its innovative, data-driven method of strengthening communities with actionable recommendations developed around specific mobility and housing challenges.

Led by ULI Boston’s policy committee in collaboration with member firm Arrowstreet, the MOD Initiative introduced a groundbreaking data-visualization tool that analyzes and compares existing conditions in Massachusetts communities relative to potential housing opportunities. This tool focuses on three crucial components: mobility, highlighting high-quality transit infrastructure supporting new housing; opportunity, emphasizing local regulations that favor multifamily housing and increased density; and demand, recognizing a thriving housing market with attractive community amenities.

“The MOD Initiative underscores ULI’s commitment to fostering communities where everyone has access to quality housing and good mobility options, both crucial elements for building resilient and equitable cities,” said Catherine Rollins, director of ULI Boston/New England. “This award validates our efforts and encourages us to continue pushing boundaries and finding unique solutions to address the housing crisis in Massachusetts.”

In a pilot program covering 15 North Shore communities, ULI Boston collected and analyzed over 60 data points to create a Mobility, Opportunity, and Demand (MOD) Score. This comprehensive rating offers a unique picture of a community’s readiness for new, mobility-oriented housing. Salem, Everett, and Beverly were recently selected for further collaboration with ULI as a part of the Initiative, where ULI will provide the municipalities ULI membership, Technical Assistance Panels (TAP), UrbanPlan workshops, and complimentary registration for ULI meetings tailored to address unique community needs.

Jill Lucken, executive vice president, district councils at ULI Americas said, “ULI Boston’s MOD Initiative exemplifies the kind of innovative, collaborative approach we need to address housing challenges in today’s dynamic landscape. We applaud their dedication and look forward to seeing the transformative impact of this program.”

READ ON THE GO
DIGITAL EDITIONS
Subscribe
READ ON THE GO
DIGITAL EDITIONS
Subscribe
STAY INFORMED FOR $9.99/Mo.
NEREJ PRINT EDITION
Stay Informed
STAY CONNECTED
SIGN-UP FOR NEREJ EMAILS
Newsletter
Columns and Thought Leadership
Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Providence, RI Shawmut Design and Construction celebrated the ceremonial groundbreaking for the 195 District Park Pavilion, marking the start of construction on a facility that will feature year-round dining and support space for park operations. In addition to the 3,500 s/f building, the project will include infrastructure upgrades
The New England Real Estate Journal presents<br> the First Annual Project of the Year Award! Vote today!

The New England Real Estate Journal presents
the First Annual Project of the Year Award! Vote today!

The New England Real Estate proud to showcase the remarkable projects that have graced the cover and center spread of NEREJ this year, all made possible by the collaboration of outstanding project teams. Now, it's time to recognize the top project of 2024, and we need your vote!
Investing in a falling rate environment - by Harrison Klein

Investing in a falling rate environment - by Harrison Klein

Long-term interest rates have fallen by 100 basis points, and the market is normalizing. In December of 2022 I wrote an article about investing in a high interest rate, high inflation market. Since then, inflation has cooled off, and the Fed has begun lowering their funds rate.
The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The industrial markets have never been stronger. What has happened is that the build out of Devens with new high-tech biotech manufacturing with housing to service these buildings serves as the connector required to really make the I-495 West market sizzle. Worcester has been the beneficiary