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Prime real estate students
Author: Office of Marketing & Communications
Posted: May 1, 2006
Students of Portland State University’s Center for Real Estate program won the 2006 National Association of Industrial & Office Properties Pacific Northwest Real Estate Challenge with a development solution for a two-block site on Seattle’s waterfront.

The Portland State team’s seven graduate students defeated teams from the University of Washington, Washington State University, and University of British Columbia. The winning proposal, “Elliott Bay Lofts,” combined retail with condominium units targeting young “creative class” workers, empty-nesters, and single baby boomers. The proposal also called for rehabilitating an existing parking garage, rooftop gardens, energy savings devices, and other environmentally sustainable features.

The Center for Real Estate is a joint program of the School of Business Administration, the Nohad A. Toulan School of Urban Studies and Planning, and the real estate community. The center educates future real estate professionals in finance, development planning, economic analysis, market analysis, and appraisal. The program is one of several to receive private financial support from the University’s $100 million Building Our Future fundraising campaign.