X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

The graduate student team from the Ziman Center of Real Estate at UCLA’s Anderson School of Business has won the Silver Shovel at the annual NAIOP SoCal UCLA vs. USC Real Estate Challenge, defeating the graduate team at the Lusk Center at USC’s Marshall School of Business and Price School of Public Policy. This year, the challenge focused on placemaking, asking teams from both schools to reimagine an 11-acre land site on the former Tustin Marine Corps Air Station. UCLA’s winning proposal included two select service hotels, 240 multifamily units and 75 units of affordable housing with 10,000 square feet of supporting retail as well as a common-area community space with garden courtyards and outdoor movie theatre.

“Both schools presented similar visions in terms of product type encompassing a hotel use, housing and supporting retail,” Mark Mattis, SVP at PMRG and the NAIOP SoCal Real Estate Challenge Chair, tells GlobeSt.com. “UCLA’s proposal, called Solanna, included two select service hotels, 240 multifamily units and 75 units of affordable housing with 10,000 square feet of supporting retail. The site encompassed a central common-use community space with garden courtyards and outdoor movie theatre.   All in all both schools presented amazing development plans which took into account the City’s objectives. I think the caliber of thought and implementation in the planning underscores the strength of both schools’ real estate programs.”

Kelsi Maree Borland

GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now

Copyright © 2018 ALM Media Properties, LLC. All Rights Reserved.