ULI Cincinnati collaborates with University of Cincinnati in a local case competition addressing challenge of urban development for $5000 award
On Monday, October 27 at the UC Niehoff Urban Studio space, four teams of UC students will present their final proposals to a panel of real estate experts for the chance to win $5000. The event is the conclusion to an eight-week independent study course done in collaboration with UC Real Estate Program and Center, UC College of DAAP’s Niehoff Urban Studio and the Cincinnati Urban Land Institute (ULI).
Four interdisciplinary teams made up of students in business, real estate, planning and architecture were given a request for proposal for sites in Walnut Hills dubbed “Firehouse Row” (near the intersection of McMillan and Gilbert), presented in the first class by the Walnut Hills Redevelopment Foundation.
The course was developed by members of the Cincinnati ULI in partnership with Shaun Bond and Bridget Graber of the UC Real Estate Program and Center, Frank Russell of the UC Niehoff Urban Studio, and the UC ProPel program. Modeled after the ULI Hines Student Urban Design Program, the student teams produced site plans, architectural designs, and real estate pro formas for their final proposals.
The course consisted of weekly lectures by both faculty and industry leaders. Each team was also assigned mentors from the industry in real estate development, finance, architecture and planning. The winning case team will receive a $5000 award, and all student participants receive a one-year ULI membership.
The competition centered on creating a feasible development plan for the Walnut Hills “Firehouse Row” sites under consideration for redevelopment.
“We’ve collaborated with the UC Real Estate Center, and DAAP to create a local equivalent of the acclaimed ULI Hines Competition with the hope of increasing student engagement with the broader real estate industry, and awareness of the local urban built environment,” said Dave Neyer, executive vice president of Al. Neyer.
The course, which enrolled 16 students, also engaged a variety of professionals in urban real estate development as team mentors, from young professionals to CEOs. Will Basil, a 2011 UC DAAP graduate and ULI Young Leader served as a mentor to one team. “I was able to use my planning background to field questions and give suggestions about the overall design of our team’s project. In addition, it was great to hear the expertise of other mentors like Dave Neyer and Lasserre Bradley (of Model Group) to help the project take a more realistic approach.”
Mentors and industry lecturers also included representatives from GBBN Architects, the Port of Greater Cincinnati Development Authority, BHDP Architecture, and CORE Resources, among others. Judges include former UC Real Estate Center director Jeanne Schroer, now executive director of the Catalytic Development Fund, and Kevin Wright, executive director of the Walnut Hills Redevelopment Foundation.
The competition is sponsored by Al. Neyer, BHDP, and GBBN. The winning team will be announced and posted at cincinnati.uli.org with details from the final proposals.
For information on the case competition or the award ceremony, please contact:
ULI Cincinnati District Council Coordinator