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MBA Student Part of UM Team Heading to Finals in $50K Urban Design Competition

February 19, 2009
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DesignWarren Bane, a second-year MBA student is part of a UM student team selected as a finalist in the Urban Land Institute/Gerald D. Hines Student Urban Design Competition. The contest is a graduate-level competition designed to provide an interdisciplinary learning experience for real estate and design students. Teams are asked to provide an urban design and a financial feasibility strategy for a large-scale, real life site that ULI has identified in the U.S.

Bane and his teammates had to formulate a development plan to revitalize a 70-acre site in Denver while promoting sustainability with green initiatives. The guidelines called for developing retail, office, live/work, multifamily and parking structures while having the least impact on the existing businesses.

The UM team was among four teams that beat out dozens of other school teams from across the U.S. and Canada to compete in the final round of the competition, which takes place in Denver on April 2. The four finalist teams won $10,000 each. The final winner will win $50,000.

Last year’s finalist teams included two teams from University of Pennsylvania, one from the University of Michigan, and one from the University of Texas. This is the first year UM has entered the competition.

The competition, now in its seventh year, is part of the Urban Land Institute’s ongoing effort to raise interest among young people in creating better communities, improving development patterns, and increasing awareness of the need for multidisciplinary solutions to development and design challenges. This competition is an ideas competition; there is no guarantee or expectation that any of the submitted schemes will be applied to the site. For more information, visit the competition Web site.
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