Placemaking, driverless cars and technology will greatly affect residential and commercial real estate development in the future.
These are the findings in the Emerging Trends in Real Estate 2018 report from pricewaterhousecooper and the Urban Land Institute. This 39th edition of the report was compiled from the views of approximately 2,400 real estate industry experts, including investors, fund managers, developers, property companies, lenders, brokers, advisers and consultants. Topics included real estate investment and development trends, real estate finance and capital markets, property sectors, metropolitan areas and other real estate issues throughout the United States and Canada.
Placemaking takes a piece of history (small-town living where everyone knows everyone else), combined with transit, and the concept is currently under construction in the southeast community of Mahogany.