In an industry racked with scandals and financial challenges, Alaska Airlines has grown steadily and successfully for 85 years. As part of ULI’s tradition of inviting a chief executive officer from outside the real estate industry to each Spring Meeting, Alaska Airlines CEO Bradley Tilden took part in a “fireside chat.”“While the rest of the industry grows at more or less the rate of GDP [gross domestic product], we have grown much faster over the last 20 years,” Tilden said. “It’s hard to believe we started 85 years ago flying three-seat planes out of Anchorage.”
Contrary to some predictions, e-commerce has not made brick-and-mortar retail a thing of the past. Instead, as attendees at a ULI Spring Meeting session learned, shopping and dining are making critical contributions to activating urban spaces and helping shopping centers continuously evolve. Retail center owner/operator Westfield has actually acquired an off-Broadway theater company to enliven the shopping experience, while Nordstrom excites customers with pop-ups featuring everything from Hermes to Kylie Jenner. Learn more from Leslie Braunstein’s article in Urban Land magazine.
Urban business locations are not just for startups. Some of America’s largest and oldest industrial powerhouses are moving their headquarters locations from bucolic suburban office parks to vibrant downtown neighborhoods, positioning themselves for growth in the digital age. Two such relocations, GE a—Weyerhauser and General Electric—are described in Leslie Braunstein’s recent article published by Urban Land Magazine.
The long-awaited opening of acclaimed True Food Kitchen in Bethesda, MD is scheduled for Wednesday, June 14, 2017. This sophisticated, healthy dining concept will occupy the entire 6,400 square foot retail space in Washington Property Company’s Solaire Bethesda luxury apartment community, which delivered in late 2016 and has been leasing rapidly.