What is a Local Product Council?
A Local Product Council is a group of ULI Members who are focused on a particular sector of the commercial real estate industry, and meet to exchange ideas, examine trends, and explore collaborative solutions to shared concerns. Modeled on ULI’s highly successful National Product Councils which are open to Full members only, Local Councils are open to both Associate and Full ULI member levels.
- Commercial/Retail (CRC)
- Community Development (CDC)
- Health, Wellness, & Life Sciences (HWLSC)
- Hotel Development (HDC)
- Industrial/Office (IOPC)
- Mixed Use (MUC)
- Multi-Family (MFC)
- Public/Private Partnership (P3C)
- Small Scale Development (SSDC)
- Transit Oriented Development (TOD)
Local Product Council
Serving the ULI Mission
The mission of the Urban Land Institute is to provide leadership in the responsible use of land and in creating and sustaining thriving communities worldwide
Local Product Councils serve the mission by:
- Bringing together a diverse network of local leaders from across the fields of real estate and land use policy to exchange best practices and serve community needs;
- Fostering collaboration within and beyond ULI’s membership through education, dialogue, and creative problem solving to address current and future challenges
- Exploring issues of urbanization, conservation, land use, capital formation, new technological advances and sustainable development;
- Advancing land use policies and design practices that respect the interrelationships and uniqueness of the built and natural environments
Local Product Council Operating Guidelines
- All Local Product Councils must have at least two Full Members to guide the initial creation of the Product Council and assure the on-going quality of its programs. It is strongly recommended that the Council Chair be a Full Member.
- All Local Product Councils must have at least 10 members. The maximum number of members in a Product Council is 45 but a Council may set a lower number as its desired size.
- The Local Product Council membership application process is open to all ULI Dallas-Fort Worth members at any membership level, provided they are current in the payment of their annual ULI.
- All councils should have a Chair and at least one Co-chair. This team will evaluate candidates based on their qualifications for the council. Factors to be evaluated include:
- Current employment and seniority/expertise in the product type.
- Employment sector (developer, service provider, public, etc.) in relation to existing Council membership. National Product Councils have a target of at least 50% developers/REITs/owners. While we are not held to any specific number locally, we want to make the councils attractive for developer participation.
- Ability to contribute value to the council. All members should be able to attend regularly, participate in discussions and, ideally, have projects that could be used as case studies or contribute other program material.
- Local Product Councils must meet at least four times per year. Programs should consist of presentations, discussions, case studies, tours or other events that provide material value to the Product Council members.
- Local Product Councils will annually prepare and present “What’s New, What’s NEXT,” a program that is open to the ULI Dallas-Fort Worth membership and comprised of presentations by each LPC reflecting their sector of real estate.
- A member may be dismissed by the Chair for more than one absence in three consecutive absences.
- All requests for guests must be approved by the chair. A maximum of 5 guests per meeting is recommended. All guests will be asked to pay $25.00 in advance of the meeting. No one should attend as a guest more than once. Chairs have discretion to vary from these attendance guidelines.
- All Local Product Council members must pay a participation fee to ULI Dallas-Fort Worth annually. This fee is in addition to ULI membership dues. The first payment is due upon admission to a Product Council (and may be discounted for persons joining after the midpoint of the year). The Leadership of each Council will establish its fee annually based on its planned activities, however the participation fee for Public Sector and Young Leader members will not be more than $100.
- All Local Product Council members acknowledge and agree that all information shared in the Product Council meeting is confidential and is for the education of Council members only.
Are you interested in joining one of our LPCs?
Please review then fill out the application, and then email to DallasFortWorth@uli.org for processing.
Are you interested in Getting Involved?
Are you a current LPC Member, and would like
to be part of the Steering Committee?
LPC Steering Committee
Questions about LPCs?