on Buildings are not supposed to look like Vancouver House – they are supposed to be larger at their base than at their top, not the other way around, and they are supposed to have a “regular” form, not one that evolves over the height of the building. For followers of the Westbank Corporation, this atypical building… Continue Reading A Total Work of Art: Baker Program’s Inaugural Trip to Vancouver, Part Three
on At 12:51 PM on February 22, 2011, Christchurch (ChCh), NZ was struck by a magnitude 6.3 earthquake emanating from a previously unknown, nearby fault. Within seconds 185 people were killed and the Anglican cathedral that was the symbol of the city was destroyed. While the majority of the fatalities were caused by the collapse of two… Continue Reading Redeveloping the CBD: Christchurch 5 Years After the Earthquake
on Since the Great Recession of 2008 and 2009, multi-family residential properties have led the resurgence of the real estate market; however, some analysts are beginning to wonder how long this trend will continue. To discuss the current state of the multi-family residential market, the Baker Program in Real Estate is excited to welcome B. Kevin Thompson… Continue Reading Baker Program DSS, February 4, 2016: B. Kevin Thompson and Gwyneth Cote of Bell Partners
on On October 29, 2012, Hurricane Sandy struck New York City. At the time, Manhattan had the largest collection of sustainably-designed buildings in the United States but still incurred $19 billion in storm-related damage. The juxtaposition of this poses the question, “How sustainable is a building that is not designed to be resilient?” Even the most… Continue Reading Is Building Resiliency More Important Than Sustainability?
on On the night of February 11, 2014, a 40 foot wide by 30 foot deep sink hole opened up below the floor of the National Corvette Museum in Bowling Green Kentucky swallowing eight cars. While most soil problems are not this dramatic, unforeseen site conditions are a major cause of development cost overruns and construction… Continue Reading What Lies Below: Understanding Unknown Subsurface Conditions
on Three weeks ago, the 1.4 million square foot former home of American Motors sold at auction for a mere $500. Although, the auction was ultimately cancelled due to a tax dispute with the previous owner, this auction highlights the challenges and possible opportunities real estate in Detroit represents. Once known as the Paris of the Midwest,… Continue Reading Real Estate Opportunities in the Motor City?
on The Baker Program in Real Estate is excited to welcome Mathew Jalazo to this week’s Distinguished Speaker Series. Jalazo joined Urgo Hotels (Urgo) in 2006 as a Project Manager and Analyst and currently serves as the company’s Director of Development. In this role, he is responsible for deal sourcing, underwriting, conducting due diligence, investigating market… Continue Reading Mathew Jalazo Joins Baker Students for Distinguished Speaker Series on November 5th
on Three students from the Baker Program in Real Estate and program director, Dustin Jones, attended the Urban Land Institute’s (ULI) Fall Meeting in San Francisco, CA two weeks ago. Attending the meeting is part of Jones’s efforts to enhance the program’s visibility by linking it with ULI. As Jones succinctly put it, “We want to be wherever… Continue Reading Baker Program Well-Represented at ULI Fall Meeting
on Late last week, Congress passed a $625 million appropriations bill that will clear the way for the completion of the new Veterans Affairs (VA) hospital in Aurora, Colorado. The VA projected the original construction costs for the hospital at $605 million and anticipated that the hospital would open in 2015. The final construction cost for… Continue Reading A $1 Billion Budget Bust in Colorado
on The Cornell community and the Baker Program in Real Estate are pleased to welcome Assistant Professor Suzanne Charles this Fall semester. Charles and her family come from Boston, Massachusetts, where she was an Assistant Professor at Northeastern University and taught courses in housing design and real estate finance. She brings with her over twenty years of experience… Continue Reading Baker Program Welcomes Assistant Professor Suzanne Charles