Best Minds: Disrupting the Urban Doom Loop with Chris Leinberger, Co-founder & Managing Director of Places Platform, LLC

OCT 31, 202446 MIN
Conversations with the Best Minds in Real Estate

Best Minds: Disrupting the Urban Doom Loop with Chris Leinberger, Co-founder & Managing Director of Places Platform, LLC

OCT 31, 202446 MIN

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<p><section class="l-section wpb_row height_custom"><div class="l-section-h i-cf"><div class="g-cols vc_row via_flex valign_top type_default stacking_default"><div class="vc_col-sm-12 vc_col-lg-8 vc_col-md-8 wpb_column vc_column_container"><div class="vc_column-inner"><div class="wpb_wrapper"><div class="wpb_text_column"><div class="wpb_wrapper"></p> <h1>Best Minds: Disrupting the Urban Doom Loop with Chris Leinberger</h1> <p> </div></div><div class="w-separator size_small"></div><div class="w-image align_none"><div class="w-image-h"><img width="1024" height="412" src="https://www.rclco.com/wp-content/uploads/2024/10/Best-Minds-E45-Chris-Leinberger-1024x412.webp" class="attachment-large size-large" alt="" loading="lazy" decoding="async" srcset="https://www.rclco.com/wp-content/uploads/2024/10/Best-Minds-E45-Chris-Leinberger-1024x412.webp 1024w, https://www.rclco.com/wp-content/uploads/2024/10/Best-Minds-E45-Chris-Leinberger-300x121.webp 300w, https://www.rclco.com/wp-content/uploads/2024/10/Best-Minds-E45-Chris-Leinberger-600x241.webp 600w" sizes="auto, (max-width: 1024px) 100vw, 1024px" /></div></div><div class="w-separator size_small"></div><div class="wpb_text_column us_custom_4e55af8d has_text_color"><div class="wpb_wrapper"><p><b>October 31, 2024</b></p> </div></div><div class="wpb_text_column"><div class="wpb_wrapper"><p>By <a href="/leadership/gregg-logan/"><u>Gregg Logan, Managing Director, RCLCO</u></a></p> </div></div><div class="w-separator size_small"></div><div class="wpb_text_column"><div class="wpb_wrapper"> </div></div><div class="w-separator size_small"></div><div class="wpb_text_column"><div class="wpb_wrapper"></p> <h2>How Can Cities Avoid the Urban Doom Loop?</h2> <p>In this episode of <a href="https://www.rclco.com/pub_cat/podcast/"><em>Conversations with the Best Minds in Real Estate</em></a>, RCLCO Managing Director, Gregg Logan, sits down with <a href="https://chrisleinberger.com/">Christopher B. Leinberger —</a> co-founder of Places Platform LLC and RCLCO Alumnus — to discuss <a href="https://cushwake.cld.bz/Reimagining-Cities-Disrupting-the-Urban-Doom-Loop"><em>Reimagining Cities: Disrupting the Urban Doom</em> </a><em>Loop, </em>a recently released report from Cushman and Wakefield, in collaboration with Places Platform. The report puts 15 U.S. cities under the microscope to identify the real estate portfolios cities currently <em>have</em> versus what they <em>need</em>, given how much the economy has changed post-pandemic.</p> <p><strong><em>“We&#8217;re not saying to get out of the office business; we&#8217;re just saying build up the residential…people living within 2 miles of work are far more likely to come back to work&#8211;the worst thing people have in their life is a commute, that has always been viewed as the worst aspect of modern life. Getting the workers to live closer to their work is going to shore up office occupancy as well. There are all sorts of benefits to balancing the portfolio, but it is a balancing act. It&#8217;s not going all the way towards residential.”<br /> </em></strong></p> <p>– Chris on the continuing role of office in a healthy urban real estate portfolio.</p> <p>One of the key findings of the study is that the real estate mix in many cities is no longer ideal for them to thrive: specifically, the study finds downtown real estate portfolios are too heavily weighted toward office space which is especially problematic in today’s economy. Chris and Gregg discuss the ramifications of this finding, and the report’s proposed strategies for cities to get back on track.</p> <p><strong><em>“We have found that it&#8217;s not a public private partnership that&#8217;s needed; it&#8217;s a private public partnership. All the research we&#8217;ve done has shown that every dollar of public money yields ten to 15 dollars of private money… I&#8217;m a great believer in both definitions of the Golden Rule, and the second definition is ‘he with the gold rules.’ So, if the private sector is going to bring in $15 for every one dollar of public… you better have the private sector take the lead.”</em></strong></p> <p>– Chris on the importance of the private sector when revitalizing downtowns</p> </div></div><div class="w-separator size_small with_line width_default thick_1 style_solid color_border align_center"><div class="w-separator-h"></div></div><div class="wpb_text_column"><div class="wpb_wrapper"></p> <h3>About Chris Leinberger</h3> <p><strong>Co-Founding Partner and Managing Director Places Platform, LLC; Founding Partner of Arcadia Land Company.<br /> </strong><br /> <a href="https://chrisleinberger.com/">Chris Leinberger</a> is a land use strategist, proptech start-up co-founder, real estate developer, professor, researcher and author. He balances business realities with social and environmental issues. Leinberger was voted one of the <a href="https://www.planetizen.com/features/95189-100-most-influential-urbanists">“The 100 Most Influential Urbanists”</a> of all time in a poll conducted by Planetizen in 2017.</p> <p>Mr. Leinberger received a Bachelor of Arts degree from <a href="https://www.swarthmore.edu/"><strong>Swarthmore College</strong></a>, where he double majored in Political Science and Urban Sociology, and received an MBA from the <a href="https://www.hbs.edu/about/Pages/default.aspx"><strong>Harvard</strong> <strong>Business School</strong></a>, concentrating in corporate strategic planning.</p> <p>&nbsp;</p> <p> </div></div><div class="w-separator size_small with_line width_default thick_1 style_solid color_border align_center"><div class="w-separator-h"></div></div><div class="wpb_text_column"><div class="wpb_wrapper"></p> <h3>About Gregg Logan</h3> <p><strong>Managing Director, RCLCO</strong></p> <p><a href="/leadership/gregg-logan">Gregg Logan</a> is a Managing Director at RCLCO, with over 40 years of experience in the industry. His expertise spans residential and commercial real estate, with particular expertise on mixed-use developments and master planned communities that incorporate residential, retail, office, industrial and distribution space.</p> <p>In addition to his work with RCLCO, Gregg previously worked with a real estate developer as well as served as an adjunct faculty member at several colleges and universities, where he taught courses in Real Estate Development Methods and Real Estate Economics. Gregg’s expertise has been recognized in numerous publications where he has been quoted, and he has been a speaker at many national and regional conferences. Gregg is a graduate of UCLA.</p> </div></div></div></div></div><div class="vc_col-sm-12 vc_col-lg-4 vc_col-md-4 wpb_column vc_column_container"><div class="vc_column-inner"><div class="wpb_wrapper"></div></div></div></div></div></section><section class="l-section wpb_row us_custom_c70c97eb height_custom"><div class="l-section-h i-cf"><div class="g-cols vc_row via_flex valign_top type_default stacking_default"><div class="vc_col-sm-12 wpb_column vc_column_container"><div class="vc_column-inner"><div class="wpb_wrapper"><div class="wpb_text_column"><div class="wpb_wrapper"></p> <h2>Related Articles</h2> <p> </div></div><div class="w-separator size_small"></div><div class="w-grid type_carousel layout_131202 cols_3 overflow_hidden" id="us_grid_5" style="--gap:1rem;"><div class="w-grid-list owl-carousel navstyle_circle navpos_outside" style="--arrows-size:1.8rem;"> <article class="w-grid-item post-137397 publication type-publication status-publish has-post-thumbnail hentry tag-taylor-mammen 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