🏄‍♂️ Malibu’s rebuild shows hope
🔬 $500M life sciences and housing project in Boston
🌊 Neumann’s Flow scoops up Brickell land for 2,000-unit megaproject
📚 September courses & workshops announced!

Data Viz of the Week: National Parks Boom

With almost 332 million visits in 2024, US National Parks are setting attendance records. Post-pandemic RV culture combined with growing leisure spend are making America’s parks the new top tourist attraction.

But the gains aren’t even. Some well-known parks like Grand Canyon NP actually saw visitor numbers decline since 2019, while Arkansas’s Hot Springs National Park saw the biggest gains, drawing almost a million additional people. The takeaway? Travelers appear to be favoring parks more accessible to major metros, but there are exceptions.

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• September 1: Selling Into Real Estate Owners (💻 Online): A bootcamp for people selling technology and products into the real estate industry - Sign up

• ​September 3-4: Workshop: Raising Capital from Family Offices (💻 Online): A two-day interactive workshop for real estate sponsors, entrepreneurs & capital raisers looking to raise capital from family offices - Sign up

• September 10-11: Workshop: AI in Real Estate (💻 Online): A two-day interactive workshop for real estate owners, operators, and developers exploring how to use AI in the sector - Sign up

Three Articles We Loved from Last Week

It’s not easy keeping up with everything. Here are three articles we loved from the past week that you may have missed:

1. (The Real Deal) Malibu’s post-wildfire market ramps up despite permit gridlock

   Malibu’s CRE market is showing signs of life after devastating wildfires. Despite high leadership turnover slowing rebuild permitting, real estate activity and deals are picking up—signaling resilience even amid bureaucratic hurdles.

2. (Boston Globe) Dedham developer plans $500 million lab, housing project off Route 128

   The Supreme Cos. revealed an ambitious $500 million development off Route 128 in Dedham, Massachusetts. Plans include life sciences labs, hundreds of apartments, and senior housing—anchoring a new mixed-use innovation hub.

3. (Axios) Adam Neumann’s Flow acquires Brickell building and surrounding land

   Flow, led by Adam Neumann, acquired a Brickell site at 275 SW 6th Street plus adjacent plots—clearing the path for a 1,900-unit mixed-use project envisioned to include retail, office, hotel, and other spaces.

Developer of the Week: The Missner Group

Industrial development is still going strong.

Des Plaines-Based Missner Group just locked in a permit to build an 180,000 square foot spec industrial building, a one-story divisible facility taking up the bulk of a Chicago city block. Missner and partner Greystar-Thackeray plan to complete construction in Q2 2026.

You can read more about Missner on the Thesis Driven GP database here.

Know about a developer doing something cool? Reach out to [email protected] with the tip!

—Brad and Paul