What We're Reading: Week of January 2, 2023

Here's what we're reading this week about the projects, people and policies driving local development:

🅿️California removed parking minimums near transit statewide, but local residents and lenders are still forcing new projects to include more parking than required, reducing the ability of the new legislation to address housing cost and providing more new housing units

by Jack Skelley, Urban Land Institute, Jan 3, 2023

Another long stabilized apartment building is sold to a New York investment company

by Ryan Mulligan for the Philadelphia Inquirer, Updated Dec 20, 2022

OPINION: Philadelphia has updated campaign finance rules heading into the 2023 Mayoral and Council races, with stricter oversight of the line between campaigns and friendly Super PACs

by Michael H. Reed and J. Shane Creamer Jr., for the Philadelphia Inquirer, Updated Dec 28, 2022

Black Squirrel graduated its first cohort of minority and female developers who completed its Philly RiSE program, taking small, largely self-taught neighborhood based developers to the next level, including preparing them to redevelop vacant properties held by the city’s Land Bank

by Michaelle Bond for the Philadelphia Inquirer, Updated Dec 28, 2022

Four of the candidates for Mayor respond to questions from WHYY’s Billy Penn journal about how they would address gentrification

by Clifton Jackson for Billy Penn, Dec 28, 2022

New laws go into effect starting January 1 to protect property owners adjacent to construction sites

by Michaelle Bond for the Philadelphia Inquirer, Updated Dec 26, 2022

Bloomberg: Chicago has enacted several new laws to support preservation and expansion of affordable housing, including ADUs, with various neighborhood approaches promoted by Aldermen who have strong control of land use and zoning rules in their respective Districts

by Mackenzie Hawkins, Dec 14, 2022

Construction Management firm Hill International has been bought by privately held, New York based Global Infrastructure Solutions, but will maintain its brand identity within the parent company

by Ryan Mulligan for the Philadelphia Inquirer, Dec 28, 2022

🏘️🚆The diversity of existing and new businesses and range of new housing has kept King of Prussia growing through the pandemic, and in anticipation of the King of Prussia SEPTA rail extension

by Paul Schwedelson for the Philadelphia Business Journal, Dec 27, 2022

Rent increases are slowing and new construction lease ups are expected to take longer in 2023

by Ashley Fahey, Editor, The National Observer: Real Estate Edition, Dec 8, 2022

Hidden City: Old First Reformed found a creative way to fit long term shelter housing on its tight site in Old City

by Kimberly Haas, Dec 16, 2022