RED

Members of the GSD Real Estate club were present at the 2009 Urban Land Institute Fall Conference in San Francisco.

One session was on brownfield redevelopment, with a case study on Visitacion Valley in San Francisco. Another session detailed strategies for dealing with distressed assets. A particularly interesting session entailed the greening of the Empire State Building as part of the $550million capital improvement program being undertaken by Jones Lang LaSalle.

The session on workforce housing detailed out projects in Colorado and South Carolina. In the case of the South Carolina project, a contribution of the land as equity on the deal made significant inroads towards bridging the gap between development cost and the sales price on an affordable unit.

Susan Cutler and Helen Jung

Jung Min Hong, Susan Cutler, Helen Jung, and Joe Martinez

A model showing the Transbay Terminal development in San Francisco