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2025 ULI Fall Meeting 2025 ULI Fall Meeting
, November 04 – 06, 2025
Moderator

Mr. MURAT KARAKAS

Arup

Murat Karakas is a project director at Arup Los Angeles office. Since joining Arup in 2001, Murat has led the delivery of numerous high-profile projects in healthcare, mixed-use, and civic markets. Murat has a degree in mechanical engineering from Istanbul Technical University, an MBA from California State University, and master's degree in interdisciplinary design from the University of Cambridge. Murat is a founding member of the Council on Open Building that promotes long term thinking in the built environment.

Speaking at

Wed Oct 30 9:00 AM — 10:00 AM (GMT-05:00) Eastern Time Resorts World Las Vegas - Level 2, Jasmine AB

Profiting from Change: How the Open Building Approach Adds Value for Short- and Long-Term Value Extraction

The renewed focus on office-to-residential conversion projects indicates that the majority of the buildings do not have long-term capacity to accommodate different occupancy types. The "open building" concept as advocated by the Council on Open Building (https://councilonopenbuilding.org/) demonstrates a better way to design, finance, and approve buildings for continuous change. This session will provide an overview of the open building concept; share case studies from residential, health care, and mixed-use markets; and offer insights from open building practitioners on how this approach works. The overarching goal is to introduce the ULI community to a new way of thinking.