May 01, 2013
The Center for Economic Development’s Practitioner’s Edge series wrapped up after delivering four well received workshops and seminars this spring. These included:
Seminar in Participatory Planning
Friday, Feb 15 2013
Fostering community participation in development is a key skill for community and economic development practitioners and often a necessary ingredient to the success of initiatives in both small-scale neighborhood development, and larger scale economic and transportation projects. This seminar provided a presentation on the use of engagement strategies, followed by group Q&A discussion.
The seminar was led by Don Carter, David Lewis Director of Urban Design and Regional Engagement, Remaking Cities Institute, bio: http://www.cmu.edu/architecture/people/faculty/don-carter.html
Workshop in Basic Real Estate Finance for Public-Private Development Projects (3 hours)
Saturday, March 2 2013
This workshop provided a broad review of income producing real estate (real estate) finance for non-real estate professionals, with a focus on publicly subsidized commercial development projects. The workshop covered the fundamentals of real estate cash flow, real estate valuation, the use of leverage (debt) to finance real estate, and the concept of the time value of money in understanding return on investment. Also covered: basic real estate finance tools to value real estate, determine the amount of debt a real estate project can support, create capitalization structures, and understand return on investment measures for real estate equity investment.
This workshop was led by Tom Link (MSPPM 2003), Director, Center for Innovation and Entrepreneurship, Urban Redevelopment Authority of Pittsburgh
Seminar on "Supporting Early Stage Companies and the Regional Economy through Tech Based Economic Development"
Friday, March 22, 2013
Presented by Nehal Bhojak (MISM 2003), Director of Life Science Initiatives, The Idea Foundry. Bio: http://www.ideafoundry.org/Team.html
Workshop in the Basic Uses of Input Output Models in Economic Impact Studies (6 hours)
Saturday, April 6th, 2013
The uses (and abuses) of input-output models of regional economies are a mainstay for regional strategy as well as advocacy in the area economic and community development, and a key tool for applied research or consulting in the field. This workshop covered some basic uses of IMPLAN 3.0 for typical local economic impact studies. Students worked directly with the IMPLAN 3.0 software, completing exercises and one case study.
Led by Greg Lagana (MSPPM 2003), Director of Projects, Center for Economic Development, Carnegie Mellon, Bio: http://www.heinz.cmu.edu/center-for-economic-development/ced-faculty-staff/greg-lagana/index.aspx.
The purpose of the Practitioner’s Edge series is to go beyond the discussion panel format and give Heinz students exposure to some of the more practice specific skills in these fields, skills complementary to the more generalized skills conferred by our core and method courses.
Contact: firstname.lastname@example.org for more on this series.
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