2024 Program Instructor

Jeff Shanahan, CEO & Founder of Shanahan Development
Jeff Shanahan graduated from Ferris State University in 2006 with a Bachelor’s in Mechanical Engineering and soon after moved to Denver to work for M.E. Group Inc., a national firm specializing in energy-efficient MEP design, where he managed projects ranging from multifamily developments to state-of-the-art high schools. In 2008, he founded JJS Investments, acquiring residential properties and a local pizzeria that has since grown into a four-location chain generating over $6M in annual revenue. A year later, Jeff left M.E. Group to focus on real estate full-time, launching Shanahan Development, which has since entitled nearly $260M in multifamily, hospitality, retail, and public transit projects now under construction or completed.

About the 2024 Case Study: The Burrell

Location: RiNO, Colorado (Denver)
Project Type: Permanently affordable condos
Project Status: Completed May 2024
Architects: Studio Completiva
Total Size: 57,517 SF
Total Residential Units: 49

Website: theburrelldenver.com

PROJECT DETAILS

The Burrell is a boutique, 8-story, permanently affordable condo development located in Denver’s vibrant Five Points/RiNo Arts District. It offers 49 one-, two-, and three-bedroom condominium homes, starting from approximately $205,000, and operates under a community land trust model through ECLT that ensures affordability for households earning up to 80% of Area Median Income.

Designed with sustainability and community in mind, The Burrell features shared Boomerang bikes onsite, carshare options, EV charging stations, and direct access to the Platte River Trail—all within a highly walkable, transit-connected neighborhood. The building’s standout feature is a seven-story metalwork mural celebrating Charles Burrell, famously known as the “Jackie Robinson of classical music.”

Construction was completed in early 2024, and the project officially opened in May 2024. Units are currently move-in ready, offering modern, eco-conscious homeownership opportunities in one of Denver’s most dynamic neighborhoods.

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. The 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: The curriculum is divided into 6 sessions, taking place over the course of 3 months, with 2 additional gatherings for orientation and wrap-up. 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 throughout the program. If you are unable to make a meeting, you should inform ULI Staff and your instructor.

Historic Development 360 Programs:

We are excited to launch the 5^th year of the Development 360 program, continuing to build on a strong foundation of learning about the development process, best practices, and pitfalls. The program curriculum varies yearly 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 Multifamily Development, McWhinney
Case Study: RiDe at RINO, River North Arts District, Denver (market rate micro apartments)

2020: Brian Levitt, Co-founder and president of NAVA Real Estate Development
Case Study: Lake House, Sloan’s Lake, Lakewood (for-sale 196-unit condominium and rowhome development)

2022: Chris Lonigro, Founder and President of Generation Development
Case Study: The Victor, City Park West, Denver (26-unit condo turned apartment building)

2023: Anne Hayes & Jonathan Alpert, Partners at Westfield Company
Case Study: Stanley House, Central Park, Denver (168-unit market-rate apartment building)

2024: Jeff Shanahan, CEO and Founder of Shanahan Development
Case Study: The Burell, RiNO, Denver (49-unit permanently affordable condo building)