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Real Estate and Economic Development

"DURP taught me how to work in a professional capacity before I started my career." – Kayla Costello, Class of 2016



Faculty

Kerry Fang
Minjee Kim


Description

Real Estate and Economic Development specialization focuses on the ways in which public sector interventions and planning strategies can be leveraged to attract private investment for responsible and equitable economic development. We aspire to develop and implement economic development strategies that will enhance the quality of lives for existing and future community members.

Students in this specialization will learn:

  • the knowledge and skill sets to pursue a career as planners, policy advisors, and economic developers to help communities create jobs, attract businesses, and encourage innovation and entrepreneurship by cultivating social capital;
  • the fundamentals of land development and how to use this knowledge to encourage developments that are socially responsible, such as affordable and workforce housing and compact mixed-use projects;
  • the art and science of deal-making in public/private partnership, community-driven, and private real estate development projects to maximize the benefit to the public;
  • how to conduct planning needs analyses and formulate evidence-based economic and housing development strategies, and to tailor those strategies under different political and cultural settings;
  • how to work collaboratively with land use, transportation, and environmental planning specialists to advance local real estate and economic development.

These knowledge and skill sets will be applicable in both domestic and international settings, preparing students for a wide range of rewarding career trajectories in the global job market.


Required Courses

  • URP 5939 Introduction to Real Estate Finance
  • URP 5540 Economic Development

Students are also required to take one of the following courses:

  • URP 5312 Growth Management
  • URP 5316 Land Use Planning
  • URP 5731 Planning of Community Infrastructure
  • URP 5939 Public-Private Development
  • URP 5939 Urban Planning and Real Estate
  • URP 5939 Economic Development Practicum

Prospective students should contact the department’s Academic Program Specialist for more information about the real estate and economic development specialization.