Using the redevelopment of Lafayette Square Mall as a hypothetical case study, future leaders of the real estate industry will compete for the Wally F. Holladay Entrepreneurial Excellence Award and a $5,000 Scholarship provided by the Opus Foundation on April 19.
The Indiana chapter of NAIOP, a commercial real estate development organization, started the local University Challenge, now in its seventh year. For the second year in a row, the Indiana district council of the Urban Land Institute, a nonprofit education and research institute focusing on responsible land use and development, is partnering with NAIOP on the program.
Students from Ball State University, Butler University, Indiana State University, Indiana University-Purdue University Indianapolis and University of Indianapolis will share their ideas with judges who will narrow the competitors to two teams. The top two teams will compete in an event open to the public April 19 from 4-6 p.m. at the Biltwell Event Center at 950 S. White River Parkway West Drive, Indianapolis. Registration is available on Eventbrite.
Audience members will watch the finalist teams present their entries and vote for their favorite one. The team with the most audience votes received a 10-point bonus, determining the final score.
“The University Challenge provides students with a real-world example to think about and explore, with insight from coaches and subject matter experts,” said Cody Riles, vice president and market officer at Prologis and current NAIOP Indiana president. “We’re grateful to Holladay Properties and the Opus Group for their generous support of the program and their investment in future members of the commercial real estate development community.”
“The University Challenge is a unique opportunity for the central Indiana real estate industry to meet the best and brightest talent that will be graduating from our Indiana universities in the near future,” said Shawn Bullock, senior vice president of Associated Bank and ULI Indiana board member. “Real estate leaders attending the presentation have the opportunity to network with the next generation of real estate candidates they can hire down the road, keeping valuable talent in Indiana.”
The event and scholarship are made possible by a 10-year commitment by the late Wally Holladay, along with sponsorship by both Holladay Properties and the Opus Foundation.
Judges for the competition include: Andrew Buroker, Faegre Baker Daniels; Daniel Phair, Holladay Properties; Terri Skipper, International Marketplace Coalition; Doug Swain, The Opus Group; and Karen Valiquett, CORE Planning Strategies. Multiple industry subject matter experts and team coaches will help the students with their development concepts.
NAIOP, the Commercial Real Estate Development Association, includes developers, owners and related professionals in office, industrial, retail and mixed-use real estate. NAIOP comprises 18,000 members in North America, advances responsible commercial real estate development, and advocates for effective public policy. For more information, visit www.naiop.org.
The Urban Land Institute is a nonprofit education and research institute supported by its members. Its mission is to provide leadership in the responsible use of land and in creating and sustaining thriving communities worldwide. Established in 1936, the institute has more than 40,000 members worldwide representing all aspects of land use and development disciplines. ULI Indiana was founded in 2007 and is one of more than 50 District Councils in North America. District Councils are ULI at the local level and implement the mission by connecting individuals and convening groups, providing a forum for education and sharing best practices, and giving back to our communities. ULI Indiana is a statewide district council, with our work focused in Indiana’s metropolitan areas. For more information, please visit indiana.uli.org or follow us on Twitter (@uli_indiana) and Facebook (facebook.com/uli.indiana).