2016 April 30, 2016

  • View
    216

  • Download
    0

Embed Size (px)

Text of 2016 April 30, 2016

  • 2016

    April 30, 2016

  • April 30th, 2016

    Nova Southeastern University, Davie FL

    Masters of Science in Real Estate Graduate Program

    2016 NAIOP COLLEGIATE CHALLENGE

    Dear Attendees and Participants:

    On behalf of the NAIOP South Florida we welcome you to the NAIOP South Florida

    Collegiate Challenge (NCC). The NCC has been designed to allow the graduate

    students from Novas MSRED program to engage in a spirited competition regarding

    real estate development in South Florida. Our belief is that the program is too valuable

    to the education of local students and to the South Florida real estate community to not

    provide the framework for your real estate education; therefore, this spring we have

    partnered with Nova Southeastern University.

    One of Floridas premier commercial real estate organizations, Miller Construction

    Company, has very generously presented the case study this year and is our primary

    sponsor. We are very fortunate to have their support for the 2016 competition.

    With the NCC, we hope that the experience will be one of the best learning experiences

    in your academic life. The plan and vision for the project is directed by you the students.

    We anticipate great things from each of the competing teams of students, and

    consequently believe that all will benefit, regardless of the outcome of the competition.

    We look forward to seeing all of you on April 30th, 2016 for the NAIOP Collegiate

    Challenge Presentations in the morning and the Awards Event that evening. Have fun!

    NAIOP South Florida extends an invitation to June 2 networking event at Stache for

    evening of celebrating and networking. We hope you can join us, please RSVP to

    alba.garcia@naiopsfl.org

    Kindest Regards,

    Jules R. Morgan Erik Lembcke Executive Director First Republic Bank NAIOP South Florida Chair Collegiate Challenge

    2016 Executive Committee Kyle Jones

    Stiles Corporation President Traci Miller

    Miller Construction Company Immediate Past President Greg Martin

    Avison Young President Elect Evan Brody Brody and Associates Eric Swanson Treadwell Franklin Marc Kopelman

    Raymond James Financial Treasurer Joyce Werzer Legacy Bank of Florida Secretary Darcie Lunsford Butters Construction V.P. Programs 2016 Board of Directors Dan Cioci Advanced Insurance Underwriters, LLC

    Heidi Davis-Knapik Gunster Chris Gallagher Duke Reatly Ben Genet Genet Property Group Clint Glass

    John Moriarty & Associates of Florida. Scott Gregory Prologis Jonathan Guffey

    Liberty Property Trust Alex Gulick

    Procacci Development Corporation Alfie Hamilton Colliers International South Florida, LLC Susan Imbrigiotta City National Bank Fred Kaub GFA International, Inc Brian Latta Bridge Development Partners Erik Lembcke

    First Republic Bank Ryan Nee

    Marcus & Millichap George Pincus

    Stearns, Weaver, Miller, Weissler, Alhadeff & Sitterson Michael Silver

    CBRE Chris Sutton

    Flagler Global Logistics Bob Swindell

    The Greater Fort Lauderdale Alliance

    mailto:alba.garcia@naiopsfl.org

  • Table of Contents SCHEDULE OF EVENTS ................................................................................................................................... 4

    EXECUTIVE SUMMARY .................................................................................................................................. 5

    CASE STUDY ................................................................................................................................................... 8

    CASE STUDY SURVEY ..................................................................................................................................... 9

    GOVERNANCE ............................................................................................................................................. 10

    SVSG CONSULTANTS ................................................................................................................................... 13

    SVSG CONSULTANTS EXECUTIVE SUMMARY .............................................................................................. 14

    SVSG CONSULTANTS TEAM BIOGRAPHIES .................................................................................................. 16

    BOSCOLO PARTNERS LLC ............................................................................................................................ 17

    BOSCOLO PARTNERS LLC EXECUTIVE SUMMARY ....................................................................................... 18

    BOSCOLO PARTNERS LLC TEAM BIOGRAPHIES ........................................................................................... 19

    TARPON SHOPPES AND OFFICES ................................................................................................................. 20

    TARPON SHOPPES AND OFFICES EXECUTIVE SUMMARY ........................................................................... 21

    TARPON SHOPPES AND OFFICES TEAM BIOGRAPHIES ............................................................................... 23

    JUDGES BIOGRAPHIES ................................................................................................................................. 27

    NOTES.......................................................................................................................................................... 34

    3

  • Schedule of Events

    Saturday, April 30th 2016

    Miller Construction HQ 614 S. Federal Hwy, FTL, FL 33301

    8:30 am Arrival of Students & Judges

    9:00 am Team 1 SVSG Consultants Presentation

    9:20 am Team 1 Q&A

    9:50 am Team 1 Judges Discussion

    10:00 am Team 2 Boscolo Partners LLC Presentation

    10:20 am Team 2 Q&A

    10:50 am Team 2 Judges Discussion

    11:00 am Team 3 - Tarpon Shoppes & Office Presentation

    11:20 am Team 3 Q&A

    11:50 am Team 3 Judges Discussion

    12:15 pm Judges Presentations Conclude

    NOVA SE Student Center (Davie Campus) Flight Deck

    4:30 pm Cocktail Reception

    5:15 pm Awards Presentation

    6:00 pm Cocktail Reception Concludes

    Thursday, June 2nd, 2016 from 5:00 to 7:00 pm

    NAIOP South Florida Developing Leaders Networking Reception

    Stache 109 SW 2nd Ave, FTL, FL 33312

    Please be sure and RSVP to alba.garcia@naiopsfl.org

    4

    mailto:alba.garcia@naiopsfl.org

  • EXECUTIVE SUMMARY

    NAIOP SOUTH FLORIDAS COLLEGIATE CHALLENGE

    Mission of the Collegiate Challenge Program

    The mission of the Collegiate Challenge is to provide unique and valuable industry exposure to college students in a competitive and realistic environment. The spirit of the program is to provide positive exposure and experience for all involved and to provide a real world experience for the students.

    General Outline of the Program

    The student teams from the NSU MSRED program will evaluate one specific development site to a group of judges. The team submittals will be evaluated based on their financial analysis and economic feasibility, property and market analysis, development strategy, design viability, entitlement viability, and the quality of the written support of their submission. The students will also make an oral presentation to the judges and will be evaluated based upon their organization of the presentation, their knowledge of the topic, their persuasiveness and their ability to support their program by answering questions.

    The submittals will be done completely by the students utilizing their research, their knowledge base, access to public records, and access to professionals in the industry. The students will also have the ability to utilize whatever outside resources they can gain access to in order to present their submittal. Any professionals utilized will be directed by the students. The professionals will interact with the students as they would with a professional developer. It is extremely important to allow the development program to be created and developed by the students. It is also significant that the design element and the public presentation is only a part of the submittal, not the primary focus. More significant is the quality of the financial and market analysis, the viability of the execution of the proposal, and the overall sensibility of the proposal.

    Case Study

    The case study was selected by the NCC Committee based on the merits of the study:

    1. Comprehensive nature of the opportunity, requiring analysis on a variety of fronts 2. Reality of the opportunity study is not a look-back, but is a real project that could

    be developed today. 3. Location within South Florida for relative easy access by the students

    The developer providing the case study will be willing and available to discuss the project with the student teams. The more open and honest the owner of the study opportunity is with the students, the more viable the submittals will be for consideration by the owner to execute.

    5

  • The Student Teams

    The ultimate submittal and presentation should be made by teams of approximately four to six students. In this years competition, the competition is an accredited class within Novas MSRED program. It is anticipated the competition will be a quality teaching experience and the professor will help guide the students through the development of the submittals. The more emphasis