UMKC Team beats Harvard, Yale, Purdue
A team of students from the UMKC Henry W. Bloch School of Management’s Master of Entrepreneurial Real Estate Program and Kansas State University’s architectural school have won first place in the ULI/Gerald D. Hines Student Urban Design Competition.
Representing the United States and Canada, 149 from 70 universities developed solutions for a site in Minneapolis’s Downtown East neighborhood, near the site of the new Minnesota Vikings stadium. After round one of the competition, four finalist teams moved on: UMKC/K-State, Harvard, Yale, and Purdue/Ball State.
The ULI/Gerald D. Hines Student Urban Design Competition, now in its 11th year, offers graduate-level students the opportunity to form their own multidisciplinary teams and engage in a challenging exercise in responsible land use. Student teams have two weeks to devise a comprehensive design and development program for a real, large-scale site full of challenges and opportunities. Submissions consisted of boards that include drawings, site plans, tables, and market-feasible financial data.
In this case, the specific task was to design a plan for Minneapolis’ Downtown East neighborhood, which will eventually become the site of a new planned stadium for the NFL’s Minnesota Vikings.
According to Walt Clements, director of the UMKC Bloch School’s Lewis White Real Estate Center, “One of our real estate students, Tyler Knott, was responsible for determining the market demand for a complex parcel of real estate adjacent to the Minneapolis stadium. In addition to researching the market to determine how much and what types of real estate should be developed, he performed an extensive multi-page financial analysis showing the financial feasibility of the project. The architectural team was responsible for drawing the building and siting the buildings on the subject property.”
“I fully credit the hard work and professionalism of my fellow teammates,” Tyler Knott, real estate graduate student, said. “This success is due to the talent, work ethic and professionalism of our team. The K-State Landscape Architecture students formed the ideas and created the work product that led our team to the top of the pack. I also credit the very solid real estate program at the UMKC Bloch School – through the hard work of Walt Clements and Bloch faculty, our school is known around the country for having one of the best real estate programs.”
The top prize was $50,000.
# # #
The Henry W. Bloch School of Management strives to be Kansas City’s nationally and globally preeminent school of management, focusing on entrepreneurial and innovative thinking as the foundation for transforming talent and achieving sustainable growth in for-profit, public and nonprofit enterprises.