ULI Washington 2018 Trends Conference Sponsors PRINCIPAL EVENT SPONSOR MAJOR EVENT SPONSORS EVENT SPONSORS ARCHITECTURE LANDSCAPE ARCHITECTURE INTERIOR DESIGN PLANNING April 17, 2018 Greetings from the Trends Committee Co-Chairs Welcome to the 21st Annual ULI Washington Trends Conference. We are very excited you are here, CONTINUING and hope you enjoy the program. Our committees came up with a diverse set of sessions, focusing EDUCATION CREDITS on ideas and trends that people in the industry are talking about today. The theme of the day The Trends Conference has is Transformational Change: Communities at the Crossroads. Speaking of trends, we are happy been approved for 6.5 hours to report that almost half of our speakers and presenters are women this year, bringing diverse of continuing education perspectives to the program. credits by the American Institute of Architects (AIA). We couldn’t have a trends conference without discussing current economic trends, so we will start The Trends Conference is also the day with a presentation by Kevin Thorpe, Global Chief Economist from Cushman & Wakefield approved for 6.5 credits by the entitled Economic & Commercial Real Estate Outlook: Growth, Anxiety and DC CRE. American Institute of Certified Planners (AICP). Forms to To give you a brief summary of the day, we’ll start with concurrent sessions on parking and record conference attendance reinventing suburbs. After that, we will have sessions on affordable housing and live performance. will be available at 3 pm at the After lunch, we will have three “quick hits” features focusing on food and blockchain impacts on conference registration area. real estate (who knows what that is?), and a preview for our awards ceremony at the end of the day. Our last two concurrent sessions are on diversity in resilient real estate companies and emerging POWER POINT technology. Full descriptions of each session, along with the moderators and speakers, is included PRESENTATIONS in this program. All conference registrants will receive an email following At the end of the day there will be a reception to recognize and celebrate creative projects being the conference with links to planned and constructed in the region. The fourth annual Trends Awards will be presented selected conference power to outstanding projects in the region that exemplify the forward thinking goals of our ULI point presentations. membership. Make sure to grab a glass of wine on your way into the ceremony, and enjoy the live performance of our own developer’s jazz band – your very own live performance! THANKS TO OUR MEDIA PARTNERS Thank you for your support of ULI Washington’s Trends conference and enjoy the day! Paul Deschamps Melina Duggal BANK OF AMERICA DUGGAL REAL ESTATE MERRILL LYNCH ADVISORS Co-Chair Co-Chair 2018 Real Estate 2018 Real Estate Trends Conference Trends Conference Transformational Change: Communities at the Crossroads 1 Schedule at a Glance 8:00 a.m. – 6:00 p.m. ULI HINES STUDENT COMPETITION SUBMISSIONS HALL FOYER 8:00—8:20 a.m. REGISTRATION AND BREAKFAST BALLROOM FOYER/ AT R I U M 8:20—8:30 a.m. WELCOME AND ANNOUNCEMENTS HALL 8:30—9:30 a.m. GROWTH, ANXIETY AND DC CRE: HALL ECONOMIC TRENDS KEYNOTE 9:30—9:45 a.m. EXHIBIT BREAK ATRIUM 9:45—10:45 a.m. CONCURRENT SESSIONS The Brave New World of Parking BALLROOM A Reinventing the Suburban White Elephant BALLROOM B 10:45—11:00 a.m. EXHIBIT BREAK ATRIUM 11:00 a.m.—12:00 p.m. CONCURRENT SESSIONS Let’s Do It Live! BALLROOM A Getting Affordable Housing Deals Done in Uncertain Times BALLROOM B 12:00—12:15 p.m. EXHIBIT BREAK ATRIUM 12:15—1:15 p.m. LUNCH HALL 1:15—2:15 p.m. QUICK HITS HALL • Food and Real Estate • Blockchain: Transforming Commercial Real Estate • Trends Jurors Choice Award Presentation 2:15—2:30 p.m. EXHIBIT BREAK ATRIUM 2:30—3:30 p.m. CONCURRENT SESSIONS Diversit y in Building Resilient Real Estate Companies BALLROOM A Emerging Technology in CRE BALLROOM B 3:30—3:45 p.m. EXHIBIT BREAK ATRIUM 3:45—4:30 p.m. TRENDS AWARDS AND COCKTAILS HALL 4:30—6:00 p.m. NETWORKING COCKTAIL RECEPTION ATRIUM 2 ULI Washington Real Estate Trends Conference 2018 ATRIUM Exhibitor Diagram 19 21 BAR BAR WATER WATER 20 STATION STATION 14 BUFFET 8 9 10 5 BUFFET 7 11 15 4 6 12 16 3 13 17 2 18 BUFFET BUFFET 1 BAR BAR BALLROOMS HALL A&B TABLE 1—DAVIS, CARTER, SCOTT LTD. TABLE 13—CAPITAL ONE COMMERCIAL BANKING TABLE 2—COLVIN INSTITUTE OF REAL ESTATE DEVELOPMENT AT TABLE 14—AMT, LLC THE UNIVERSITY OF MARYLAND TABLE 15—BCT ARCHITECTS TABLE 3—PSG LENDING TABLE 16—U.S. DEPARTMENT OF HOUSING & URBAN TABLE 4—WDG ARCHITECTURE DEVELOPMENT, OFFICE OF POLICY DEVELOPMENT AND TABLE 5—BOHLER ENGINEERING RESEARCH TABLE 6—MV+A ARCHITECTS TABLE 17—GEORGE MASON UNIVERSITY M.S. IN REAL ESTATE TABLE 7—HARKINS BUILDERS INC. DEVELOPMENT TABLE 8—HICKOK COLE ARCHITECTS TABLE 18—SK+I ARCHITECTURE TABLE 9—ECS MID-ATLANTIC, LLC TABLE 19—GEORGETOWN SCHOOL OF CONTINUING STUDIES TABLE 10—SUNTRUST/PILLAR TABLE 20—KGD ARCHITECTURE TABLE 11—JONES LANG LASALLE TABLE 21—SMARTSITE, LLC TABLE 12—HORD COPLAN MACHT, INC. Transformational Change: Communities at the Crossroads 3 Agenda 8:00 A.M. – 6:00 P.M. | HALL FOYER ULI Hines Student Competition Submissions Since 2002, the ULI Hines Student Competition has challenged students to collaborate across disciplines and imagine a better built environment. Groups of five students form teams to devise a development program for a real site in a North American city, providing designs, market-based financial data, and related narratives. Submissions from this year’s competition will be on display throughout the day. 8:00 – 8:20 A.M. | BALLROOM FOYER/ATRIUM Registration and Breakfast 8:20 – 8:30 A.M. | HALL Welcome and Announcements 8:30 – 9:30 A.M. | HALL Economic & Commercial Real Estate Outlook: Growth, Anxiety and DC CRE A stronger economic trajectory is forming, tax cuts and government spending increases kicking in, synchronized global growth is upon us, and yet, there is anxiety. The cycle is getting long, stock market volatility is back and so is the specter of higher inflation/interest rates, a new Fed chair takes over, and of course, Trump. How will these factors, among others, impact the property markets going forward and what should we expect for the Greater Washington DC Region? • Kevin Thorpe, Global Chief Economist, Cushman & Wakefield 9:45 – 10:45 A.M. | BALLROOM A The Brave New World of Parking Parking requirements raise the cost of construction, limit denser projects, and drive growth to the suburbs. Emerging technologies like autonomous vehicles and ride-sourcing can be game changers, further reducing parking demand and costs. With new technology, there is the potential to reduce costs, meet parking requirements on smaller lots and build more creative projects. Designers are using new approaches to ensure that garages can be cost-effectively converted to alternative uses when market demands change. Things are changing quickly; this panel will explore how the future might unfold. MODERATOR • Roamy Valera, Board Chair, International Parking Institute and CEO, NewTown Advisors, LLC PANELISTS • Jeff Farner, Deputy Director of Planning and Zoning, City of Alexandria • Omar Abdul-Baki, Co-Founder, Galena Capital Partners • Stephen Rebora, President, DESMAN 4 ULI Washington Real Estate Trends Conference 2018 9:45 – 10:45 A.M. | BALLROOM B Reinventing the Suburban White Elephant Transformative change is underway in the American suburb. Owners, developers and investors of retail strip centers, office parks, and malls, which were once the anchor of suburban development, are faced with high vacancy rates and the need to reposition themselves in order to meet the demand of the next-generation of consumer. An array of distinguished panelists will discuss the opportunities and challenges involved in positioning these properties for long-term growth, financial viability and future competitiveness. Learn how these innovative and creative commercial real estate professionals are shaping the future of suburbia. MODERATOR • Adam Ducker, Managing Director and Director of Urban Real Estate, RCLCO PANELISTS • Ellen Dunham-Jones, Professor, Director, Urban Design Program, Georgia Tech School of Architecture • Mike Majestic, Partner, Willard Retail • Larry Hentz, Director of Business Development, Prince George’s County Economic Development Corporation 11 A.M. – NOON | BALLROOM A In an age where the internet is killing retail, Live Performance has re-emerged as *the* critical cultural and economic anchor for vibrant mixed-use communities. This panel will explore the necessary elements to create a successful Live Performance attraction across a range of regionally diverse suburban and urban settings. MODERATOR • Amy Rice, Vice President, Retail Leasing, JBG SMITH Properties PANELISTS • Donna Westmoreland, Chief Operating Officer, I.M.P. (9:30 Club and The Anthem) • Ruth Hoang, Vice President, Development, The Howard Hughes Corporation • Mary-Claire Burick, President, Rosslyn BID 11 A.M. – NOON | BALLROOM B Getting Affordable Housing Deals Done in Uncertain Times Cuts to HUD funding and potential tax reforms could severely impact the development of affordable housing, while the demand for it continues to rise. Of concern are cuts at the federal level that will limit HUD money for deals and also the impact of federal tax reforms. How will these actions impact local production of housing that is affordable to individuals along the spectrum of income levels? Are there new and innovative financing mechanisms that can be used to achieve more housing affordability for all of our residents? The panel will examine current strategies being used to implement projects that are affordable and sustainable. MODERATOR • Ray Skinner, President and Chief Executive Officer, East Baltimore Development, Inc.