Changjiang New Town Wuhan, China May, 2018 Changjiang New Town Wuhan, China Strategies to Create the City of the Future May, 2018 Advisory Services Panel Report A ULI A ULI About the Urban Land Institute THE URBAN LAND INSTITUTE is a global, member- a variety of factors affecting the built environment, includ- driven organisation comprising more than 40,000 real ing urbanisation, demographic and population changes, estate and urban development professionals dedicated to new economic drivers, technology advancements, and advancing the Institute’s mission of providing leadership environmental concerns. in the responsible use of land and creating and sustaining Peer-to-peer learning is achieved through the knowledge thriving communities worldwide. shared by members at thousands of convenings each ULI’s interdisciplinary membership represents all aspects year that reinforce ULI’s position as a global authority on of the industry, including developers, property owners, land use and real estate. In 2017 alone, more than 1,900 investors, architects, urban planners, public officials, real events were held in 290 cities around the world. estate brokers, appraisers, attorneys, engineers, finan- Drawing on the work of its members, the Institute recog- ciers, and academics. Established in 1936, the Institute nises and shares best practices in urban design and devel- has a presence in the Americas, Europe, and Asia Pacific opment for the benefit of communities around the globe. regions, with members in 80 countries. More information is available at uli.org. Follow ULI on The extraordinary impact that ULI makes on land use deci- Twitter, Facebook, LinkedIn, and Instagram. sion making is based on its members sharing expertise on Cover photos: Wikimedia Commons. © 2018 by the Urban Land Institute 2001 L Street, NW Suite 200 Washington, DC 20036-4948 All rights reserved. Reproduction or use of the whole or any part of the contents without written permission of the copy- right holder is prohibited. 2 A ULI Advisory Services Panel Report About ULI Advisory Services THE GOAL OF THE ULI ADVISORY SERVICES pro- participants in ULI’s five-day panel assignments are able to gramme is to bring the finest expertise in the real estate make accurate assessments of a sponsor’s issues to provide field to bear on complex land use planning and develop- recommendations in a compressed amount of time. ment projects, programmes, and policies. Since 1947, A major strength of the programme is ULI’s unique ability this programme has assembled well over 600 ULI-mem- to draw on the knowledge and expertise of its members, includ- ber teams to help local communities find creative, practi- ing land developers and owners, public officials, academics, cal solutions for issues such as downtown redevelopment, representatives of financial institutions, and others. In fulfill- land management strategies, evaluation of development ment of the mission of the Urban Land Institute, this Advisory potential, growth management, community revitalisation, Services panel report is intended to provide objective advice brownfield redevelopment, military base reuse, provision of that will promote the responsible use of land to enhance the low-cost and affordable housing, and asset management environment. strategies, among other matters. A wide variety of pub- lic, private, and nonprofit organisations have contracted for ULI Programme Staff ULI’s advisory services. Thomas W. Eitler Each panel team is composed of highly qualified profession- Senior Vice President, Advisory Services als who volunteer their time to ULI. They are chosen for their Beth Silverman knowledge of the panel topic and are screened to ensure their Senior Director, Advisory Services objectivity. ULI’s interdisciplinary panel teams provide a holis- tic look at development problems. A respected ULI member Paul Angelone who has previous panel experience chairs each panel. Director, Advisory Services The agenda for a five-day panel assignment is intensive. It in- Cali Slepin cludes an in-depth briefing day composed of a tour of the site Associate, Advisory Services and meetings with key local representatives, a day of hour- James A. Mulligan long interviews of typically 50 to 100 key community repre- Senior Editor sentatives, and two days of formulating recommendations. Long nights of discussion precede the panel’s conclusions. Laura Glassman, Publications Professionals LLC On the final day on site, the panel makes an oral presentation Manuscript Editor of its findings and conclusions to the local stakeholders. A Anne Morgan written report is subsequently prepared and published. Lead Graphic Designer Because the sponsoring entities are responsible for signifi- Deanna Pineda, Muse Advertising Design cant preparation before the panel’s visit, including sending extensive briefing materials to each member and arranging Graphic Designer for the panel to meet with key local community members Craig Chapman and stakeholders in the project under consideration, Senior Director, Publishing Operations Changjiang New Town, Wuhan, China, May 2018 3 Acknowledgements THE PANEL THANKS THE CITY of Wuhan, especially Albert Chan, David Wong, Alex Wang, Marina Chen, Leo Chen Ruifeng (vice party secretary of Wuhan Municipal Lin, Shannon Shan, Bob Wei, and Ted Tian. Government and party secretary of Changjiang New Town Finally, the panel wishes to express its thanks to the more Administration Committee), Zhang Wentong, Liu Shibao, than 30 individuals who participated in the interview Shen Tao, and Sha Zhigui. process associated with this assignment. The panel would also like to thank Vincent Lo and the entire team at Shui On Land, including Stephanie Lo, 4 A ULI Advisory Services Panel Report Contents Panel and ULI Project Staff ...............................................................................................................................6 Background and the Panel’s Assignment ..........................................................................................................7 The Smart City of the Future: Transport ..........................................................................................................10 The Smart City of the Future: Net Zero ............................................................................................................12 The Smart City of the Future: Community and Housing ....................................................................................21 The Smart City of the Future: Planning and Design ..........................................................................................25 The Smart City of the Future: A City of Innovation ............................................................................................31 The Smart City of the Future: Finance and Governance ....................................................................................35 Conclusion ....................................................................................................................................................36 About the Panel .............................................................................................................................................37 About ULI Project Staff ...................................................................................................................................42 Changjiang New Town, Wuhan, China, May 2018 5 Panel and ULI Project Staff Panel Chair David McCracken Director Tom Murphy VODA Management Senior Resident Fellow, Canizaro/Klingbeil Families Chair Sydney, Australia for Urban Development Urban Land Institute Sara B. Queen Pittsburgh, Pennsylvania/Washington, D.C., USA Adjunct Professor Columbia University Panel Members New York, New York, USA Allen K. Folks Chin Beng Yap Director of Design and Planning Senior Adviser (Estate and Corporate) Ascent Housing and Development Board Sacramento, California, USA Singapore Kate Bicknell Senior Vice President, Commercial and Residential ULI Project Staff Development Thomas W. Eitler Forest City New York Senior Vice President, Advisory Services New York, New York, USA Urban Land Institute Washington, D.C., USA Paul Doherty President and Chief Executive Officer Ken Rhee The Digit Group (TDG) Chief Executive Officer Memphis, Tennessee, USA Huhan Advisory and Chief Representative, China Mainland Billy Grayson Urban Land Institute Executive Director, Center for Sustainability and Shanghai, China Economic Performance Urban Land Institute May Chow Washington, D.C., USA Senior Vice President, Marketing and Communications, Asia Pacific In-Keun Lee Urban Land Institute Visiting Professor, Department of Civil and Hong Kong, SAR Environmental Engineering Seoul National University Abel Xu Seoul, South Korea Director Huhan Advisory Shanghai, China 6 A ULI Advisory Services Panel Report Background and the Panel’s Assignment THE CITY OF WUHAN IS THE CAPITAL of Hubei Prov- related to research, development, and commercialisation ince in central China. With a population of more than of optical technology. 10 million, it is the economic and administrative centre of the entire province. The city lies in the eastern Jianghan Plain at the intersection of the middle reaches of the Yang- tze and Han rivers. Arising out of the conglomeration of three cities— Wu-chang, Hankou, and Hanyang—Wuhan is a major transportation hub with dozens of railways, roads, and expressways passing through the city and connecting to other major cities. Because of its key role in domestic