
This episode explores how thoughtful design, creative financing, and a community-first mindset can reshape urban landscapes.
In this conversation, John Pugh sits down with Paul Ognibene, founder and CEO of Urban Spaces, to discuss how his firm approaches real estate development as a catalyst for community transformation. From innovative urban infill projects to middle-market housing strategies, Paul shares a developer’s perspective on what drives value—and impact—in today’s market.
With projects like The Solair in Brookline and a new development in Winchester, Urban Spaces focuses on blending quality, sustainability, and neighborhood character. Paul also opens up about financing strategies, navigating the entitlement process, and why location and community connection remain the cornerstone of successful development.
Whether you’re a developer, investor, or city planner, this episode offers real-world insights into how vision, discipline, and passion come together to build places that matter.
Key Takeaways
Urban Spaces focuses on high-quality, community-oriented developments.
The entitlement process can significantly add value to real estate projects.
Creating affordable housing requires innovative design and financing strategies.
Market demand drives the types of projects Urban Spaces undertakes.
The importance of location in real estate development cannot be overstated.
Retail spaces can serve as amenities for residential projects.
Sustainable development requires balancing community needs with profitability.
Experience in the industry is crucial for aspiring developers.
Passion for the work is essential for long-term success.
Chapter Breakdown
00:00 – Introduction to Urban Spaces and Paul Ognibene
03:05 – Paul’s Journey into Real Estate Development
05:09 – Transformational Impact on Communities
06:48 – Navigating Middle Market Housing Challenges
11:40 – Financing Boutique to Mid-Size Projects
13:51 – Current Trends in Real Estate Development
17:15 – Amenities in Mid-Sized Developments
20:03 – Balancing Reality and Perception in Real Estate
23:16 – Innovative Retail Solutions for Urban Living
26:05 – Exploring the Solair Project in Brookline
27:40 – The Winchester Project: A New Approach to Downsizing
32:15 – Designing for the Modern Homeowner
34:01 – Keys to Sustaining Success in Real Estate Development
35:39 – Advice for Aspiring Developers
Show Notes & Links
Listen now on Spotify or Apple Podcasts
Guest: Paul Ognibene, Founder & CEO, Urban Spaces
Connect: Paul Ognibene on LinkedIn
Website: urbanspacesllc.com