Diversity Initiative

There are populations largely missing from the real estate industry.

ULI Indiana’s Diversity Initiative seeks to address this issue and prepare a new generation of developers for opportunity in Indiana.

What is ULI Indiana’s Diversity Initiative?

ULI Indiana’s Diversity Initiative is driven by a 15-week curriculum that has been developed by ULI in Colorado, Minnesota, St. Louis, Kansas City and Memphis. The format is similar to a leadership academy; a cohort of scholars will be accepted into the program by a competitive process and experience the curriculum together, culminating in a final presentation and graduation.

The curriculum includes:

Knowledge/skills based educational sessions.
Experience-based learning through a team case study project on a real local site, including development plan, pro-forma and marketing plan.

ULI Indiana Diversity Initiative Curriculum

Session 1 – Feb. 10: Kick-Off, Curriculum Intro & Presentation of Study Site
Session 2 – Feb. 17: Site Visit, What to Look For: Site Opportunities & Challenges
Session 3 – Feb. 24: Market Analysis & Feasibility
Session 4 – March 2: Site Visioning , Leadership in the Development Industry and Employed Practices Forum
Session 5 – March 9: Title: Back of the Envelope Feasibility and Construction
Session 6 – March 16: Site Planning & Design
Session 7 – March 23: Environmental Review & Design Working Session
Session 8 – March 30: Pro forma Development
Session 9 – April 6: Financing – Equity & Debt
Session 10 – April 13: Draft Pro forma and Market Analysis
Session 11 – April 20: Pro forma Troubleshooting and Presentation Draft
Session 12 – April 27: First Draft of Final Presentation
Session 13 – May 4: Presentation Practice
Session 14 – May 11: Final Changes to Presentations, Additional Practice
Session 15 – May 18: Final Presentation & Graduation

(Concurrently, ULI Indiana is introducing a series of Diversity & Inclusion Happy Hours for anyone interested in these issues.)

Download the flier

Download the program flier and share it across your networks.

Program Flier

Who Can Get Involved?

Up to 30 Scholars may be enrolled in the curriculum program. Potential scholars should:

Be minority individuals —female and/or non-white — who want to begin or accelerate a career in real estate development.
Have 1-2 years experience in development or a related field (such as architecture, urban planning, brokerage, construction, etc.) in order to contribute to the team project.

In addition, ULI Indiana needs:

15 Session Sponsors – to donate $1,500 each to support the need.
10+ Instructors – to share your expertise on one of the session topics.
6+ Advisors – to guide a team of Scholars through their project.
Additional Steering Committee members – to help recruit for these roles and continue to refine the program.

Everyone is welcome to attend forthcoming Diversity & Inclusion Happy Hours; members of the Steering Committee will be available to answer questions.

Information for Potential Scholars

Schedule
Mondays | 1:00 – 4:00 pm
February 10 – May 18, 2020

Location
Newly renovated Madam Walker Legacy Center/Indiana Avenue

Program Requirements

Completed application
Letter from employer (if applicable)
$300 fee (all inclusive)*
100% participation

*limited scholarships may be available

Application Period

Applications available Oct. 24, 2019
Applications due Dec. 6, 2019
Accepted participants will be notified the week of Jan. 6, 2020
Accepted participants will be recognized at ULI Indiana’s annual Real Estate Trends event on Jan. 23, 2020 and receive complimentary registration to that event.

Qualifications

Applicants may be female or nonwhite.
Applicants should have a minimum of 1-2 years experience in development or a related field (such as architecture, urban planning, brokerage, construction, etc.) in order to contribute to the team project. More experienced professionals will be considered as well.
Up to 30 participants will be accepted based on applications received.

Information for Potential Sponsors/Instructors/Advisors

Sponsors

Session sponsorships are available and needed to run the program.

Donate $1500 to this important cause and get:

Logo placement (with link) on this program page
Logo placement (with link) on weekly eblasts related to that program
Recognition on program marketing materials
Opportunity to attend the session/be recognized
First chance to nominate instructors/team advisors
Recognition at Real Estate Trends signature event (1/23/20)
Social media exposure

Instructors

The curriculum is still being refined but session topics may include:

Entitlements
Community Engagement
Market Analysis
Site Assessment, Planning & Design
Proforma Development
Financing (Equity and Debt)

Instructors are needed for all sessions; priority goes to session sponsors.

Team Advisors

Advisors are needed to guide the participant teams as they complete their development proposals; priority goes to session sponsors. Candidates should have expertise in one of the following:

Architecture/Urban Design
Development/Development Finance

What are some of the benefits?

For Scholars:

Since real estate is local/relational, you’ll expand your network and learn where to turn for resources in your development career.
Upon successful completion of the course, receive a free one-year ULI membership, with access to 375+ members locally and 40,000+ worldwide (value up to $492).
Certificate of completion.
(pending) Continuing education credits.

Sponsors, instructors and advisors will also expand their networks and get a front row seat to new talent in our market.

Learn More

Not sure what’s the best fit for you? Want to learn more? Complete the Interest Form and a Steering Committee member will contact you.

Interest Form

Apply to be a Scholar

Download the application and instructions here. Completed applications are due Friday, Dec. 6, 2019.

Download the application

ULI Real Estate Diversity Initiative

Learn more about the Urban Land Institute’s Real Estate Diversity Initiative