Rocky Mountain Real Estate Challenge
The Rocky Mountain Real Estate Challenge (RMREC) is a real-world development competition between graduate level real estate programs at the Daniels College of Business at the University of Denver and the Leeds School of Business at the University of Colorado Boulder. Finalist teams compete for scholarships, future employment, and ultimately the NAIOP Cup! A panel of highly respected judges make the ultimate call on which development plan is the best for the site. The competition, hosted by NAIOP, culminates at the main event, providing one of the best networking opportunities in the industry. Over 700 real estate professionals attend, including developers, attorneys, lenders, architects, brokers, engineers, contractors and public officials.
CALL FOR 2024 PROJECTS! SUBMIT YOUR PROJECT FOR CONSIDERATION
Selected Project Sponsor will benefit from several hundred hours of consulting time and effort by a variety of graduate students, multiple high profile architectural firms and well respected real estate development professionals. All interested parties who wish to have their property considered for the 2024 Challenge site should submit the following information to NAIOP:
• Clearly identify the property, by name, or best means to identify the parcel under consideration. • Identify the property address, location and if possible parcel and/or legal description. • Provide a narrative that best describes the unique project aspects and size. • Identify key groups, stakeholders and/or individuals that are associated with the property.
DEADLINE FOR SUBMISSIONS IS AUGUST 31, 2023 All interested parties should send their proposal for the Project Sponsor consideration to the attention of:
THE RIVER MILE in DENVER, COLORADO Selected for the 21st ANNUAL of the ROCKY MOUNTAIN REAL ESTATE CHALLENGE
January 2023
DENVER, COLO. – Land Title Guarantee Company and NAIOP Colorado (the Commercial Real Estate Development Association), are thrilled to announce that the River Mile project, developed by Revesco Properties and sponsored by the U.S. Forest Service and Impact Finance Center (IFC), will be the development site for the 21st Annual Rocky Mountain Real Estate Challenge to be held on April 27, 2023.
Located on the current home of Elitch Gardens amusement park, the 62-acre River Mile project is located along the South Platt River and adjacent to downtown Denver’s Central Business District. This year’s graduate student teams from the University of Colorado and University of Denver are tasked with determining which parcels within the project site are best situated to start development, while creating a sense of place that will attract users and subsequent residents and visitors for years to come. Additional focus for the students will include incorporating the use of Mass Timber in their proposal. The student teams will need to explore various creative development and financing options to achieve the project objectives.
‘The Challenge’ culminates with the largest real estate event in Colorado on April 27, 2023, where student finalists present their recommendations to the Project Sponsor Team and an audience of real estate professionals. The 2023 final competition will be held at the Hilton Denver City Center Hotel in downtown Denver, Colorado. More details regarding ticket sales for the event will be announced in February via NAIOP.
21st ANNUAL NAIOP ROCKY MOUNTAIN REAL ESTATE CHALLENGE presented by LAND TITLE Thursday, April 27, 2023 | 5:00 PM - 9:00 PM MT Hilton Denver City Center | 1701 California Street, Denver
TICKET SALES ARE CLOSED FOR THE 2023 CHALLENGE! Watch this website for more information regarding the 2024 Challenge Event.
SPONSOR OPPORTUNITIES:
Interested in participating as a Sponsor for the 2024 Challenge? As a sponsor, you will have a valuable presence to meet with event attendees, showcase products and services and promote your brand. For more details: Contact Jayma File at NAIOP by phone at (303) 782-0155 or Email.
THANK YOU TO OUR 2023 CHALLENGE SPONSORS
MAJOR CHALLENGE SPONSOR:
PROJECT SPONSORS:
SUPPORTING SPONSOR:
SCHOLARSHIP SPONSOR:
About the Rocky Mountain Real Estate Challenge
The Rocky Mountain Real Estate Challenge (RMREC) is an annual event designed to serve as a learning tool for students of the University of Colorado and University of Denver’s graduate real estate programs and local business community to interface, while assisting the Project Sponsor with development options for the specific property.
A property is selected in the region that will serve as the competition site that is under control of the Project Sponsor. Each school forms multiple student teams who are enrolled in the real estate development classes in each real estate program. Each team is charged with creating a vision for the property conducting market research on uses for the property, working with a local architectural firm (secured to participate by NAIOP) to assist them in the project’s design, refinement of the vision the respect with respect to the zoning and entitlements carried by the property. The finalists from each school are judged by a group of seasoned real estate professionals the day of the event. A traveling trophy is awarded to the winning team.
Challenge History
Year
|
Project
|
Schools Competing
|
Winning School
|
Winning Resources
|
2023 |
River Mile project, developed by Revesco Properties Sponsored by the U.S. Forest Service and Impact Finance Center (IFC)
|
University of Colorado
University of Denver
|
University of Denver Cottonwood Development Drew Considine Adrian Frank Clare Laughery Andrew Mitro Alex Riedy |
OZ Architects (AR) Hensel Phelps (GC) |
2022 |
Peak Innovation Park Colorado Springs, Colorado Urban Frontier, Flywheel Capital & Colorado Springs Airport
|
University of Colorado
University of Denver
|
University of Colorado Sky View - Panoramic Park Derek Lange Ryan Adzima Cole Meleyco Gabriella Haloute Brickman House
|
Intergroup Architects |
2021 |
Dowd Junction; Town of Minturn, Colorado
|
University of Colorado
University of Denver
|
University of Colorado Marigold Partners - Meadow Station Paula Chavarria Erika Vette Kyle Clinton Joe Plastino Simon Egerton Jesus Banuelos Rivera
|
STUDIO Architecture |
2020 |
Denver International Airport (DEN) 61st Ave. and Peña Blvd. Site
|
University of Colorado
University of Denver
|
University of Denver Bow Development - Conflux at 61st & Peña William Beuerlein Keenan Black David Copperman Erin Everett William Lam Alex Welsh |
OZ Architecture |
2019 |
The Denver Shops; Conscience Bay Company |
University of Colorado
University of Denver
|
University of Denver Helix Partners - CRUX Jenny Aragon Owin Orr Nicholas Allen Derek Porterfield Cody Bell Karina Rush |
Humphries Poli |
2018 |
3800 Xanthia Street; RK Site |
University of Colorado
University of Denver
|
University of Denver Odyssey Development Group - Strommen Adam Graham Casey Fanganello Tim Flynn Ari Steinberg Demetra Kapuranis Ross Hardin Chase Seigel
|
OZ Architecture |
2017 |
TERMINAL at 51st |
University of Colorado
University of Denver
|
University of Colorado BRAND Partners - Coalesce Chris Antonov Katie Bloudoff-Indelicato Joseph Donadio Daniel Nichols Juan Nino Connor Richardson James Roy II |
EVStudio |
2016 |
Westminster Station City of Westminster |
University of Colorado
University of Denver
|
University of Denver Colorado Contemporary - The Mosaic Kiki Boone Jamie Iuliano Scott McDonald Greg Mikulecky Martha O'Connell Katie Wear |
KTGY Architecture & Planning |
2015 |
Midtown Industrial Center, Westfield Development Co. |
University of Colorado
University of Denver
|
University of Denver Visionary Partners - The RiNo Link Adelicia Colmenero Rebecca Wiener Erik Husted Jerad Larkin Matthew Verson Tyler Duman Adam Moore Joe Larkin |
AndersonMasonDale Architects |
2014 |
Town of Parker, Mainstreet Site |
University of Colorado
University of Denver
|
University of Denver Perry Bacalis Beau Breck Stephen Hawkins Paul Moore Brad Vander Vliet Sean Wiseman |
AndersonMasonDale Architects |
2013 |
Boulder Civic Area, A City of Boulder Project |
University of Colorado
University of Denver
|
University of Colorado Andrew Browning Jason Elliott Cody Kirkpatrick Dan Konecny Nathan Stern Andrea Woodhams |
AndersonMasonDale Architects |
|