Economic Development at Heinz College
Economic development is a multi-faceted, multi-disciplinary domain. A short brochure describing the different fields of practice in economic development is available to current and visiting students at the Heinz College’s Career Center.
Economic Development Courses
Heinz College's electives in urban and regional economic development
providesstudents interested in the field with concepts, knowledge, and tools to become effective practitioners or consultants in economic development at the local, regional, or state level. These courses are also good preparation for work in foundation, state, or federal level programs intended to support economic development at the local or regional level.
A key course is 90‐743 Urban and Regional Economic Development, which provides a broad survey of the area.
Additional elective courses include additional background/policy courses in urban settings, and practice centered courses in real estate development, development finance, and more.
With a few exceptions, this list emphasizes development in the U.S. context.
90-743 Urban and Regional Economic Development
90-748 Real Estate Development
90-845 Entrepreneurship and Business Plan Development
Additional Concentration Courses
90-784 Affordable Housing
90-843 Unlocking the Development Finance Toolbox
48-752 Real Estate Design & Development
90-734 Urban Policy
94-811 Strategy Development
90-750 Civic Engagement as a Community Process
94-845 Smart Cities: Growth and Intelligent Transportation
90-765 Cities, Technology, and the Environment
90-789 Resilient and Sustainable Communities
90-744 Public Expenditure Analysis
Additional Related Courses
90-733 Methods of Policy Analysis
90-747 Cost-Benefit Analysis
90-749 The Global Economy: A User's Guide
90-823 Program Evaluation
94-802 Geographic Information Systems
94-813 Project Management
90-731 Public Financial Management: Government Accounting
Other economic development related courses can be found across campus, please see the section below for more information. To see a complete list of courses offered by Heinz College, please see our course catalog.At the School of Architecture
(by agreement, a small number of seats have been set aside for Heinz students)Zero Credit Seminars and Workshops
48-752 Real Estate Design and Development (fall only)
48-720 Planning by Design: Campuses, Waterfronts, Districts, and Cities
48-740 Real Estate Finance & Investing Seminar
48-714 Data Analytics for Urban Design
For the last seven years the Heinz College's Center for Economic Development has hosted the Practitioner's Edge Series, a sequence of one shot seminars and workshops available to Heinz College students in the spring. Past topics have includedWorkshop on Opportunity Zones (4 hours)
Workshop on Value Capture (TIFS, TRID) (5 hours)
Workshop in Basic Real Estate Finance for Public-Private Development Projects (4 hours)
Workshop in the Basic Uses of Input Output Models for Economic Impact Studies (6 hours)
Workshop on Housing Policy, Housing Development, and Project Financing (3 hours)
Workshop on Community Finance (4 hours)
Workshop on Low Income Housing Tax Credits (3 hours)
Workshop in Crafting Smart Business Attraction Incentives for Impact and Accountability (3 hours)
C-Level Talk: Earl Buford, CEO of Partner4Work (September 13)
Workforce development is key area of practice in the broader field of economic and community development. Effective workforce development policies are essential to ensuring local residents benefit from economic growth, including residents that suffer socioeconomic disadvantages, and those find themselves displaced by automation or off-shoring. Partner4Work is Pittsburgh’s leading workforce development agency, see: https://www.partner4work.org/. Mr. Buford and Policy Director Dillon Moore gave a presentation on workforce development for Heinz students. See: https://www.partner4work.org/about/buford.
Practitioner’s Edge Workshop: Opportunity Zones (October 12)
Opportunity Zones represent the most important, and potentially most impactful, regional economic development tool initiated by the Trump Administration. What’s in the policy? How do OZs work? Taught by Palo Alto Consulting's Tom Hardy, this zero credit workshop combined lecture, readings, and exercises to get students up to speed on this important new policy.
Practitioner’s Edge Workshop: Value Capture (Nov 2)Chris Sandvig, Director of Policy at the Pittsburgh Community Reinvestment Group provided a workshop on value capture (as with transit revitalization investment districts and tax increment financing) for students. See: http://www.pcrg.org/.ULI HINES competition micro course (ongoing)
Students can earn 3 units and a chance at $80,000 in prizes at the Urban Land Institute’s Hines Design and Development Competition (https://americas.uli.org/programs/awards-competitions/hines-student-design-competition/). This is an opportunity to compete alongside a team of urban designers and architects and other students interested in economic and community development across campus while being coached by expert practitioners. The School of Architecture is coordinating the competition.Lawrenceville Site Development Tour (Nov 22)
Tom Link, Director of the Center for Innovation & Entrepreneurship, Urban Redevelopment Authority of Pittsburgh will serve as guide for a trip to the newly hip Pittsburgh neighborhood of Lawrenceville, and a tour of a long vacant auto assembly building that was redeveloped into a robotics hub.
Spring 2020Unlocking the Development Finance Toolbox to Support Sustainable Economic Development (Jan 18,19)
Toby Rittner, CEO of the Council of Development Finance Agencies (www.cdfa.net) provided a two day, for credit course on development finance tools in the U.S. Economic development is driven largely by funding and financing opportunities. Nearly every redevelopment, business expansion, community facility and infrastructure project hinges on the availability of affordable, patient and flexible capital. When addressing sustainability in economic development, funding and finance are even more critical. The lack of funding and finance can result in the ability for projects and programs to move forward in an effective manner. From the bedrock tools like bonds and targeted tool like tax increment to tax credit investment and access to capital lending programs, the development finance toolbox provides financing options that cover the entire development continuum. “Unlocking the Development Finance Toolbox to Support Sustainable Economic Development” explores the intersection of development, sustainability and finance with an in depth review of the financing tools that catalyze and drive job growth and economic expansion.
Basic Uses of Input Output Models in Economic Impact Studies (Feb 29)
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 no credit 7 hour workshop will cover concepts in input output models, and some basic uses of IMPLAN for typical local economic impact studies. Students will work directly with the IMPLAN software, completing several class exercises and two brief case studies.
Principles of Appraisal Theory and Implications for Public-Private Partnerships (April 4) --> To be rescheduled for Fall 2020.
Real property valuation plays a pivotal role in regional and local economies, affecting both the private and public sector through property assessment and taxation, economic development incentives, and optimal utilization of public property. This full-day workshop will delve into the key aspects of real property appraisal including highest and best use, comparable analysis, obsolescence, market analysis, capitalization rates and the three approaches to value. Participants will learn the role of appraisal in the private and public sector and gain an overview of the proper application and limitations of appraisal theory and practice. During the workshop, students will have numerous opportunities for practice with appraisal principles and concepts. The 7.5 hour seminar will conclude with a case study appraisal of a professional sports facility, a special purpose, limited market property that embodies many of the challenges facing real property valuation in the public sector. Instructor: Tim Runde of Runde and Partners (San Francisco CA). https://www.runde-inc.com/
Heinz College has conducted discussions with other schools and departments across campus to identify courses related to economic development that were relatively accessible to Heinz students, pending classroom space and instructor permission. The following list resulted and is subject to change. Course information is available at related department websites.
Don H. Jones Center for Entrepreneurship, Tepper School of Business
45-909 Designing and Leading a Business
45-805 Entrepreneurship for High Growth Companies
45-806 Entrepreneurial Alternatives
45-807 Commercialization and Innovation: Strategy
45-907 Commercialization and Innovation: Workshop
45-908 Marketing for Entrepreneurs
45-TBD Gaining Advantage through Sales
45-824 Venture Capital & Private Equity
45-905 Funding Early Stage Ventures
School of Architecture
48-725 Real Estate Design and Development
48-596 LEED Buildings and Green Design
48-752 Zero Energy Housing
College of Engineering, Department of Civil and Environmental Engineering
Advanced Infrastructure Systems (AIS) Track
12-750 Infrastructure Management
12-706 Civil Systems Planning, Pricing, and Finance
12-611/711 Project management for construction
12-745 AIS Systems Project Course
Sustainability/Green Design Specialty Courses
12-712 Introduction to Sustainability Engineering
12-714 Environmental Life Cycle Assessment
College of Engineering, Department of Engineering and Public Policy
19-686 New Technology Commercialization: Public Policy Strategies
19-655 Emerging Shale Gas Policies: Opportunities and Challenges
19-701 Theory and Practice of Policy Analysis/Introduction to Applied Policy Analysis
19-452 Engineering and Public Policy Project
19-712/18-482 Telecommunications Technology, Policy, and Management
College of Engineering, Engineering and Technology Innovation Management Program
90-825 Innovation Management in Practice (New)
SETChange Program, Dietrich College of Social and Decision Sciences
88‐645 Perspectives on Industrial Research and Development
Students at Heinz College have tacked a broad range of system projects related to improving economic, community, or workforce development over the years. Here is a list of projects that our students have worked in the past:
The Carrie Film Furnace: Strategy, Feasibility, and Benefits, Regional Industrial Development Corporation of Southwestern PA and The Pittsburgh Film Office
Shared Services Program to Build Capacity and Enhance Resliency in Regional Creative Businesses, Bridgeway Capital's Craft Business Accelerator
Learning from the Deals that Got Away, Pittsburgh Regional Alliance
Diverting Construction and Demolition Waste from Landfills, New York City Economic Development Corporation
Strategies for Commercial Corridors Adapting to Neighborhood Change, Neighborhood Allies, Pittsburgh PA
Increasing Revenues for African American Owned Firms, Economic Development Engine of Memphis and Shelby County TN
User Fees to Re-open the Lock and Dam System on the Allegheny River, Allegheny River Development Corporation
Rewiring Services for the Homeless on the Northside of Pittsburgh, Light of Life, Goodwill, Buhl Foundation
Northside Retail Market Study, Northside Community Development Fund
Designing an Efficient and Equitable Storm Water System, Pennsylvania Economy League, Allegheny Conference
Assessing employment opportunities from the redevelopment of the Almono site in Hazelwood. Who gains?, Power Up Pittsburgh.
Show Me the Money – Redesigning loan programs for small businesses, Allegheny County Economic Development
Positioned for Growth – Landmarks Community Capital, Pittsburgh History and Landmarks Foundation
Evaluation of PennDOT’s current transportation planning process for urban development, Regional Industrial Development Corporation
Developing Business Requirements for a Rent Calculation Tool to Reduce Improper Payments
,RealEstate Assessment Center, U.S. Department of Housing and Urban Development (HUD)
Unitization, Spacing, and Pooling in PA Oil and Gas, Carnegie Mellon
Putting intelligent transportation to work in the new fiscal reality, Port Authority of Allegheny County
Municipal cooperation and blight recovery in the Monongahela Valley, Steel Valley, Turtle Creek Valley, and Twin Rivers Council of Government
The Costs and Benefits of AMTRAK’s Pennsylvanian Line(Independent Study), Western Pennsylvanians for Passenger Rail
Brownfield redevelopment in the Monongahela Valley, Regional Industrial Development Corporation of
Assessing the social economic impact of the Allegheny Grows community gardening program, Allegheny County Economic Development
Assessing social entrepreneurship models for the largest
greenousein southwestern Pennsylvania, Pittsburgh History and Landmarks Foundation
Developing a GPS enabled
mobileapplication to help the Red Cross emergency services manage needs assessment for small scaledisasters, United Way of Allegheny County
Determining safe routes for school and associated development opportunities associated with new school construction in the neighborhood of Homewood in Pittsburgh PA, Homewood Children's Village
Examining the implications of implementing Bus Rapid Transit through the Oakland to Downtown Corridor in Pittsburgh, Port Authority of Allegheny County
Iron Roots: an analysis of entrepreneurial opportunity for urban farming in Youngstown OH, Youngstown Neighborhood Development Corporation
Assessing the marketability of rehabilitated housing in Wilkinsburg, Pittsburgh History
Allegheny Center: A Fresh Look at the Legacy of Urban Renewal, Pittsburgh History and Landmarks Foundation
Developing IT and policy to enable the delivery of real-time bus location and estimated arrival times to riders, Port Authority of Allegheny County
Developing a tool to help community development practitioners identify corridor selection methods and effective investment strategies for blighted communities with vacant land, GTECH Strategies.
Examining the barriers to using food stamps at the City Parks farmer’s markets, Just Harvest
Assessing the Economic and Community Impact of Allegheny Grows, Allegheny County Economic Development
Bringing Bus Rapid Transit to Pittsburgh, Port Authority of Allegheny County
The Interaction Between Southwestern Pennsylvania Regional Energy Production and Water Quality, Department of Engineering and Public Policy
Developing a “Safe Routes to School Plan” as a Component of the Homewood Community Development Plan, Homewood Children’s Village
Transitioning Power Plants from Coal to Natural Gas, Equitable Gas
Measuring the Economic Impact of Greenspace, Urban Redevelopment Authority of Pittsburgh
Other related projects undertaken by students at the College during the last several decades include:
Growth Through Energy and Community Health (GTECH)
What started as a system project is now an
award winningmodel that combines urban redevelopment with environmental sustainability. GTECHs three prongedstrategy involves reclaiming blighted and brownfield land, planting renewable bio-fuel crops,and providing job training communities.
The Emerging Housing Market in Downtown Pittsburgh
A study of the downtown residential market for the Downtown Living Initiative.
The Urban Marketing Challenge
A team of students examined Pittsburgh's Hill District neighborhood for the URA to determine the true market size and determine if it was sufficient to support a grocery store, and if so, what other issues needed to be addressed to attract a store.
A Starting Point: A Strategy for City-County Service Consolidation
An examination of six potential areas of public services consolidation between the City of Pittsburgh and Allegheny County.
Pittsburgh Purchasing Power Profiles
This project explored alternatives to traditional marketing measures related to retail location decisions, such as household income, vs. measures that reflect the total purchasing power of an area, including population and density within a given distance of, for example, a grocery store. Project clients included the URA and Allegheny County Economic Development.
Connecting People and Jobs
A project focusing on connecting communities in need to jobs at the airport corridor for Sustainable Pittsburgh.
A project focused on developing neighborhood indicators to benchmark Pittsburgh vs. Other U.S. Cities.
The Role of Foundations in Economic Development
An assessment of the role foundations
playin economic development, for the Heinz Foundation.
Integrating Neighborhoods into Regional Clusters
This project examined ways to connect neighborhood needs and assets with regional industrial strategy. Clients included the community development corporations of East Liberty Development Inc. and South Side Local Development Corporation.
The East Busway: A Demonstration of Tools and Strategies for Managing Transit
An examination of Port Authority’s financial crisis in 2003, and strategies for managing financial and social deficits in urban public transit systems. Client: Port Authority.
The East Busway: Promises and Performance in Urban Transit Projects
A historical analysis of the decisions in the design, funding, construction, and operations of the East Busway capital project. Client: Port Authority.
Linking the Environment to the New Competitiveness
An examination of the links between environment and competitiveness across regions, and the potential for Pittsburgh to link the environment to economic growth.
Entrepreneurial Pittsburgh: Uncovering the New Economy
Analysis and recommendations for improving the region’s entrepreneurial infrastructure.
A study of stakeholder roles in development decision making.
An examination of issues surrounding University tech transfer.
Performance Benchmarks for Urban Centers
A comparison and critique of measurement systems for urban/regional benchmarking.
Entrepreneurship and the Arts
Examination of entrepreneurial activity in local arts organizations.
Entrepreneurial Policy in Pennsylvania
A review of the policy context for entrepreneurship in Pennsylvania for the Pennsylvania Department of Commerce.
Proposing a Tax Base Sharing Model for the Region
Examines the benefits and feasibility of implementing of tax base sharing for the
Regional Economic Development in Pittsburgh
An examination of four different economic development institutions in Pittsburgh.
Design for a
High PerformanceManufacturing Infrastructure
An examination of the challenges of ushering
high performancemanufacturing into southwestern Pennsylvania for SPIRC. High PerformanceBusiness Climate
An analysis of the elements of
high performancebusiness climate for the Department of Community and Economic Development in Pennsylvania.
Strategic Issues in the Evaluation and Performance of Technology Transfer and Manufacturing Modernization Programs
An examination of technology policy issues with creating and diffusing industrial innovations in the US.