From Food Halls To Unique Goods, Millennials Change Demand In Retail

As the largest consumer group in the country, millennials are changing the face of retail. As major employers like Facebook, VF Corp. and Panasonic have opened shop in Colorado, millennials have followed in pursuit of high-paying jobs, and they have gravitated toward the urban neighborhoods where those companies are. “That workforce wants to live, breathe and eat everything right next to their job,” Cushman & Wakefield Director Tyler Bray said. “The millennials are a very important par…

Alphabet’s Sidewalk Labs unveils 1,524-page development plan for Toronto’s waterfront

Alphabet’s Sidewalk Labs today unveiled its draft Master Innovation and Development Plan (MIDP) for Toronto’s eastern waterfront. The 1,524-page plan proposes thermal energy grids, factory-based construction of timber buildings, and a mobility network with heated bike lanes and adaptive traffic signals. You can download the full plan, titled Toronto Tomorrow: A New Approach for Inclusive Growth, from sidewalktoronto.ca.

Will Workplace Flexibility Be A Blessing Or A Curse In A Downturn?

Most experts agree that the economic downturn will eventually come, and it is a matter of when and how severe, not if. One thing’s for sure: the office leasing world looks very different to what it did a decade ago. Tenants now demand a host of pricey amenities, and a flood of new construction in New York City has forced landlords to make significant investments in older buildings to stay competitive. What’s more, the leasing landscape has been completely reshaped by the explosive growth of c…

Argo.ai and Carnegie Mellon to found driverless vehicle research center

Argo.ai, a Pittsburgh, Pennsylvania-based driverless car startup founded by former executives from Google’s and Uber’s autonomous technology divisions, today announced that it’s teaming up with Carnegie Mellon University to form a new center for autonomous vehicle research: the aptly named Carnegie Mellon University Argo AI Center for Autonomous Vehicle Research.

Common Announces International Expansion to Canada in Partnership with Dream

NEW YORK, June 24, 2019 /PRNewswire/ — Common, the nation’s leading residential brand enhancing the quality of living for members through convenience and community, today announced its first international expansion into Canada in partnership with Dream Unlimited Corp. (DRM.TO). Dream is one of Canada’s leading real estate companies with $15 billion of assets under management in North America and Europe and a 20+ year history as a successful developer. The 252-bed home, named Common Zibi, will b…

Why building walkable cities is the key to economic success

What if I told you there was a way to develop U.S. cities that was better for social equity, created more jobs and economic activity, resulted in better transit access, and improved the environment, all while guaranteeing better economic returns for developers and investors? According to “Foot Traffic Ahead,” a new report that provides an in-depth look at the impact of walkable urbanism on U.S. real estate, that method exists. On nearly every metric, walkable developments perform better for the…

The Collective Unveils $210M Miami Project

MIAMI—Following up projects in New York City and Chicago, The Collective has announced a $210-million plan to bring its first co-living project here at 2825 NW 2nd Ave. in Wynwood. The acquisition marks the company’s fifth in the US in the past 12 months, with three sites under its belt in New York City, and a recent announcement that it had secured permits in Chicago for a 170,000-square-foot ground-up co-living project in The Chicago Loop….

The Wild Variety Of Pop-Up Hotels

Entrepreneurs are taking the pop-up concept in hospitality and running with it in all directions. Pop-up hotels are appearing in recently completed apartment buildings — that’s the model of the growing WhyHotel — and around the world in tents, yurts and other temporary or remodeled structures.

How Camber Creek Vets Its Proptech Investments

NEW YORK, NY—Venture Capital firm Camber Creek has been focused on the real estate market since its inception in 2011, with many of the companies it has backed now a fixture in the industry. “I owned, operated and managed a CRE company where, in the course of doing business, I noticed that a lot of the processes were old-fashioned and awkward. I then realized that there wasn’t much technology except startups,” Casey Berman, founder and managing director, tells GlobeSt.com.

A.I. May Not Take Your Job, but It Could Become Your Boss

When Conor Sprouls, a customer service representative in the call center of the insurance giant MetLife talks to a customer over the phone, he keeps one eye on the bottom-right corner of his screen. There, in a little blue box, A.I. tells him how he’s doing.

Talking too fast? The program flashes an icon of a speedometer, indicating that he should slow down.