Development 360 is a mentoring program for ULI Young Leaders (35 & under) that provides an in-depth case study of one of Denver’s most exciting real estate projects, facilitated by a prominent Denver developer. The program provides a detailed overview of a real estate project, from start to finish. Participants will also develop long lasting professional relationships through close collaboration with other Denver real estate professionals.
Applications open on May 5th, 2020 and close on June 19th.
Apply to the 2020 program HERE.
About the program:
Development 360 is a high-level, hands-on real estate development course for ULI Young Leaders (35 & under) that provides an in-depth case study of an exciting real estate project, facilitated by a prominent developer. The program provides a detailed overview of a real estate project, from start to finish utilizing a set course curriculum that teaches the process of real estate development. Participants will also develop lasting professional relationships through collaboration with other Colorado real estate professionals.
Development 360 Program Goals:
- In-depth and detailed sharing of best practices and pitfalls within the development process.
- Seed future understanding of basic development principles and practices that leads to better projects.
- Provide a collegial and non-competitive atmosphere to learn and grow within your respective fields.
- Expand professional network and build relationships with peers and senior real estate leaders.
2020 Program Instructor
Brian Levitt, Co-founder & President, NAVA Real Estate Development
Brian Levitt is the co-founder and president of NAVA Real Estate Development, a Colorado-based real estate investment and development firm that is focused on improving specific demographic communities and ROI through placemaking, project execution, sustainability and wellness.
Brian started NAVA with Trevor Hines in 2013 to set a new standard for social stewardship in real estate by delivering and developing sustainably designed and high-performing properties. He has developed and delivered projects in and around the Denver metro area for more than 20 years, managing over 4.5 million square feet of new commercial and residential construction and consulting on over $2 billion of real estate for clients.
Outside of the office, Brian is an active leader in the community, serving as a board member or committee chair for several local organizations, including Urban Land Institute, the United State Green Building Council, the University of Colorado, the University of Denver, Focus Points Family Resource Center, Senior Hub and Habitat for Humanity. Brian has a bachelor’s degree in psychology from the University of Colorado and a master’s degree in real estate and construction management from the University of Denver.
About the 2020 Case Study: Lake House
Location: Denver, Colorado
Project Type: Mixed-Use
Project Status: Completed
Architects: Stantec and Munoz + Albin
Total Size: 340,000 SF
Total Residential Units: 196
Certifications: Pursuing WELL Building Certification and Energy Star Certification, Website: lakehouse17.com
Lakehouse is a for-sale 196-unit wellness-minded condominium and rowhome development located just steps from Sloan’s Lake in Denver. This first-of-its-kind community has been uniquely designed to support and enhance a healthy, balanced and socially connected lifestyle with amenities including a 70-foot lap pool, resident lounge, professionally managed urban farm, harvest room and fresh juicing station, extensive wellness center and sports and creative workshops. Less than three miles from downtown Denver, Lakehouse is the first development in Colorado to pilot and pursue the WELL Building Standard™, a certification program that promotes human health and wellness within the built environment. Lakehouse is actively selling and now offering immediate move-ins.
Lakehouse includes over 6,000 square feet of prime ground floor retail space. Whole Sol Blend Bar was announced as the first tenant in July 2019. Contact David Dobek with SullivanHayes Brokerage at (720) 382-7598 with inquiries regarding the remaining retail space.
Development 360 Curriculum & Meeting Schedule:
Curriculum: The curriculum is based on the Development 360 Case Study and follows the life of the project’s development from concept to completion. Typical curriculum begins with site selection, due diligence, and market research, goes through the phases of permitting, design, and construction, all the way to marketing and lease up. See an overview of previous Development 360 curriculums on the attached Development 360 Summary page.
Meeting Schedule: Curriculum is divided into 6 sessions, taking place over the course of 3 months, with 2 additional gatherings for orientation and wrap up. For this year’s program, all meetings are offered virtually, using Zoom video conference. Sessions follow a pre-determined curriculum designed by the developer and based on the case study site. Meetings feature guest speakers, presentations, and study assignments.
Upon acceptance into the Development 360 program, 100% attendance is expected over the course of the program. If you are unable to make a meeting, you should inform ULI Staff and your instructor.
The meeting schedule for the 2020 program is as follows (please hold your calendar for these dates upon applying to the program):
4 pm – 5 pm, Tuesday, July 14th: Informational session, group introductions, & virtual project tour
4 pm – 6 pm, Tuesday, July 21st: Session 1- Market Analysis, Due Diligence, Acquisition
4 pm – 6 pm, Tuesday, August 4th: Session 2- Condos & Wellness
4 pm – 6 pm, Tuesday, August 18th: Session 3- Design, Entitlements, & Consultants
4 pm – 6 pm, Tuesday, September 1st: Session 4- Financing & Underwriting
4 pm – 6 pm, Tuesday, September 15th : Session 5- Construction
4 pm – 6 pm, Tuesday, September 29th : Session 6- Marketing & Sales
5 pm – 6 pm, Tuesday, October 6th: Program Closing
Please note, all sessions for the 2020 program will take place virtually using Zoom video conference. All participants should be set up to join with computers, audio, and video in order to participate.
How to Apply:
Please have your ULI Membership ID, a current biography, and letter of support from a current or former manager ready in order to complete this application. You may purchase a ULI Membership or obtain membership information by calling ULI Membership services at 1-800-321-5011 or by emailing email@example.com. Please note, that non-members are still eligible to apply, though upon acceptance would be required to join. If you are applying as a non-member, please respond with N/A in the application field that asks for membership ID. All applications are collected online. The application opens on May 5th, 2020 and closes on June 19th, 2020.
A letter of support from a real estate professional or colleague is required. Letters of support should be uploaded to the online application. Please note, that you cannot save and return to the online application once it’s begun. We recommend having all information and required materials ready before you begin. For any issues or questions, please email Colorado@uli.org. You should receive an automated response if your application is submitted successfully.
Upon acceptance to the program, there is a required program fee of $350 per person. Included with your participation is:
– All class materials (offered digitally)
– A copy of “Professional Real Estate Development: The ULI Guide to the Business.”
– A certificate of completion at the close of the course.
We’re excited to offer Scholarships to the 2020 program!
Due to the rapidly changing real estate environment and circumstances around COVID-19, ULI Colorado has decided to ease the cost burden of this year’s program by offering three competitive scholarships to this year’s program. Scholarships will be awarded based on demonstration of need in the applications received. Scholarships cover all program related costs, though currency of membership is not covered and is still required to participate. There is section in the application to note your interest in being considered for scholarship. If you would like to be considered, all you need to do is complete this section of the application. Scholarship decisions will be released privately to recipients. All applications are notified of program and scholarship acceptance by Wednesday, July 1st, 2020.
Development 360 Participant Requirements:
- Participants must be ULI “Young leader” (have a current membership and age 35 or under)
- Participants should commit to attending all sessions.
- Accepted applicants are required to submit the program fee upon invoice and before the first session date.
- Accepted applicants should keep their ULI Membership current for the duration of the program.
- Any proprietary information or industry secrets shared in this room shall not leave the room.
- Program participants should be prepared to spend time on sessions outside of class hours in the form of reading assignments or worksheets.
- The Development 360 program is participatory. With assistance from ULI staff, the Developer/ Facilitator, and the program planning committee, the group and its leadership plan content and activities at each of the scheduled sessions.
- Although this is an industry meeting among industry peers, it is educational in nature. No overt marketing of a firm and its services is permitted. This is a place to build relationships, learn about the development process, and share best practices.
Previous Development 360 Programs:
We are excited to launch the 5th year of the Development 360 program, continuing to build on a strong foundation of learning about the development process, best practices and pitfalls. Program curriculum varies each year based on the case study site and program facilitator. Previous program years have included facilitators and projects such as:
2016: Paul Books, President, Palisade Partners
Case Study: The Wheatley, Five Points, Denver (multifamily housing, mixed use and mixed income)
2017: Cameron Bertron, Executive Vice President of Development Services, EnviroFinance Group
Case Study: SLOANS Redevelopment, Sloans Lake, Lakewood (master planned community; land development)
2018: Matt Joblon, Founding Partner and Chief Executive Officer, BMC Investments
Case Study: The Halycon, Cherry Creek, Denver (hotel development and operations)
2019: David Jaudes, Vice President of Mulitfamily Development, McWhinney
Case Study: RiDe at RINO, River North Arts District, Denver (market rate micro apartments)