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Construction & Design

Industrial development to be recognized at ULI awards

The Urban Land Institute New York (ULI NY) has launched the submission process for the 2019 ULI New York Awards for Excellence in Development.

New for 2019, an award for industrial development will be open to projects where 75 percent of the development’s rentable square footage is being used for purposes such as manufacturing, recycling, processing and distribution.

As in prior years, nominations are also open for housing (both market-rate and affordable), office, mixed-use, institutional, civic development, repositioning or redevelopment, hotel, and retail.

“The excitement for our Awards for Excellence competition continues to grow and I eagerly look forward to what this year’s nominations will bring,” said Steven Kohn, Chairman of ULI New York. “It is important for an organization of ULI’s caliber to acknowledge some of the impressive projects that are contributing to New York’s growth in a responsible and sustainable manner.”

The Awards for Excellence in Development is a statewide contest that acknowledges real estate leaders whose projects are raising the bar from a planning, design, sustainability, resilience and community impact perspective.

STEVE KOHN

Noble Carpenter, president, Capital Markets & Investor Services, Americas Cushman & Wakefield, and John E. Westerfield, CEO of Mitsui Fudosan America Inc., have been named co-chairs for the 2019 Awards competition and gala.

“The Awards for Excellence recognizes responsible development projects that build resilient communities to support generations to come,” said Carpenter,.

“Our industry continues to innovate and drive economic growth and prosperity in communities large and small across New York State, and I am happy to be a part of ULI New York’s efforts to recognize those who are leading the way.”

“As the prestige of the Awards continues to grow, we are setting new industry standards and I am honored to be part of this exciting process,” added Westerfield.

“The new industrial category will highlight the great projects that are creating economic opportunities across the state and I look forward to seeing the submissions that highlight this progress.”

The Awards Nominating Committee and Awards Jury are comprised of ULI New York members across the spectrum of New York real estate, including owners, developers, investors, architects, urban planners, construction managers and lenders.

The Awards are open to ULI members and non-members across all industry sectors who have worked on private, public, and non-profit projects. Applications may be submitted for projects located anywhere within New York State, except for Westchester County which is part of ULI Westchester/Fairfield. The deadline for submissions is November 2, 2018.

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