uli washington annual report fy2014 (july 1, 2013- june 30, 2014)

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ULI WASHINGTON 2014 ANNUAL REPORT

Annual ReportFY2014 (JULY 1, 2013 – JUNE 30, 2014)

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Message from the ChairULI Washington is one of the premier real estate organizations in the Washington, DC region because of participation from senior level executives to ambitious young leaders. There are events and committee meetings taking place almost every day of the year, and the learning and professional growth that takes place in these events is unparalleled. Here are a few things that distinguish ULI from other real estate organizations:

1. Thoughtful, detailed programming with useful take home value

2. Exploration of the most important issues impacting land use in the region

3. Relationship building and networking that crosses all disciplines, sectors and product types and bridges public and private sectors

In FY14 (July 1, 2013 to June 30, 2014), ULI Washington continued its full range of programs and events while adding several initiatives to enhance its role as a powerful force in real estate in the region, including:

• A new strategic partnership with the Metropolitan Washington Council of Governments (COG) to provide focused Technical Assistance Panels in

regional Activity Centers designated in COG’s Place + Opportunity report. This enhances ULI Washington’s commitment to improving regional cooperation by identifying priority, catalytic strategies to maximize the impact of investments in Activity Centers.

• Involvement and support with an initiative of Town Hall Education Arts Recreation Campus (THEARC) to transform unused infrastructure into the 11th Street Bridge Park, a vibrant outdoor space spanning the Anacostia River, connecting two communities and providing a safe, healthy place to gather, exercise and learn.

• Creation of a Womens Leadership Initiative (WLI) to raise the visibility and number of women leaders in ULI and the real estate industry through programming and networking activities.

• A Transit Oriented Development Initiative Council was formed, with ULI Baltimore, to provide a forum for the exchange of information and sharing of best practices related to the creation of thriving transit-centric communities.

The district council is always looking for new member involvement. We hope you will join us.

Matt KleinChair, ULI Washington and President, Akridge

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Why ULI

Tatiana BendeckPROJECT ARCHITECTPERKINS EASTMAN

I am proud to be part of ULI because of how it has brought me together with a wide range of people to dialogue the global issues of the built environment and how we can collaborate to affect it locally. Through ULI’s mentorship program, I have been fortunate to be mentored by leaders in the industry to shape my professional growth as an architect. My engagement with different ULI committees has fostered working relationships that grow to be long lasting friendships, making ULI priceless!

Jay FisetteCHAIRARLINGTON COUNTY BOARD

I benefit from the creative thinking and networking opportunities provided by ULI. As a public sector person, I have found ULI members to be forward-thinking in their general philosophy and approach to land development—recognizing the importance of community-building, place-making and integrating land use and transportation. I appreciate that ULI is committed to action, and not just talk, and I have thoroughly enjoyed my involvement.

Yum Yu ChengPARTNER LINOWES AND BLOCHER LLP

I am proud to be part of ULI because of its powerful network of diverse real estate professionals whose day-to-day decisions and actions impact our communities locally and worldwide. As a member, you can tap into the collective knowledge, experiences, and resources of this network to enable you to make better decisions and develop innovative solutions to new challenges. The opportunities and exposure that ULI provides are tremendous.

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Jeremy Hurlbutt, AICPPLANNING DIRECTORLA PLATA, MD

I am proud to be a member of the Urban Land Institute, because ULI unites people from every stage of the development process. The relationships that I have developed at ULI have helped me professionally and personally. The creation of these relationships helps create better development by bringing different perspectives to common issues and creating better solutions. ULI educates its members and the next generation of citizen and future developers through conferences, events, and programs like UrbanPlan. ULI has helped me fully understand the whole development world and given me new insight into how the built environment is created and the people who make it happen.

Shyam KannanMANAGING DIRECTOROFFICE OF PLANNING, METRO

I am proud to be part of ULI because it advances the very necessary dialogue surrounding the critical importance of placemaking in advancing a livable, sustainable, economically-vibrant future for myself, my family, and my country. ULI cultivates an esprit de corps among its membership and especially its many councils and I get the benefit of information-sharing, idea generation, joint problem-solving, and awareness building for the critical issues that face my region today—as well as the names, faces, and commitments from ULI members who are poised to tackle those challenges. Being a part of ULI has certainly helped me professionally, but more importantly it has given me a venue to allow my professional role to be seamlessly wired in to a community of practitioners advancing a broader shared vision for place-based solutions to society’s near-term challenges.

Jamison WeinbaumDEVELOPMENT MANAGERTHE JBG COMPANIES

The Urban Land Institute provides a tremendous opportunity to interact with the best and the brightest professionals working on topics related to the betterment of the built environment. I am continually impressed by the in-depth analysis of industry trends, and the thoughtful discussion of topics that are tantamount to being successful as a real estate investor and developer. I am proud to contribute to an organization that represents my values and priorities.


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Thought LeadershipREAL ESTATE TRENDS CONFERENCE This full-day conference features local and national speakers and provides a crash course on where the real estate industry is now and where it is headed. Held in the spring, the conference explores the most important issues facing the DC region. In FY14, the theme of the conference was Lifestyle: Changing the Way we Design and Build, focusing on the transformation in our daily lives because of changing demographics and innovative technology. A new element of Trends this year was the Shark Tank, where projects were presented to investors for potential funding.

INITIATIVE COUNCILSMembers meet periodically in small groups to discuss issues related to the specific areas of interest and expertise in real estate and development. Three Initiative Councils are supported at ULI Washington. They focus on issues of regional significance, housing, and transit-oriented development (joint with Baltimore). In FY 14, the Housing Initiative Council sponsored a workshop on making mixed-income affordable projects a success.

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Professional Growth And LearningLEADERSHIP INSTITUTE Entering its 4th year, this program creates opportunities of professional connections that enhance each participant’s knowledge of the development process and the region. The institute includes a series of full day seminars, tours and activities among the 30-member cohort in various locations around the region.

YLG MENTORSHIP PROGRAMNow in its 8th year, this program provides an opportunity for Young Leaders (ULI members age 35 and under) and seasoned ULI members to connect, grow, and create lasting relationships by sharing their knowledge and experiences in a group atmosphere of confidentiality, trust, and respect.

WOMENS LEADERSHIP INITIATIVEIn its first year, the Initiative sponsored five events ranging from wine education to an interactive presentation on keys to career success. The mission of this initiative is to advance the leadership roles of women in ULI and in the real estate industry generally.

YLG REAL ESTATE 101The sessions in this series are intended to provide a level of detail on various subjects that is tailored to helping those just starting out in commercial real estate learn about aspects of the industry. In FY14, topics covered in the RE101 series included: financing options, underwriting, and negotiations.

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Practical Market Based Technical AssistanceTECHNICAL ASSISTANCE PANELS (TAPS)In this program, the region’s most experienced real estate professionals work together to provide expert, multidisciplinary advice to public agencies and non-profit organizations in the Washington metropolitan area. Drawing from ULI Washington’s extensive membership base, panels offer objective advice on a variety of land use and real estate issues ranging from site-specific projects to public policy questions.

MINI TECHNICAL ASSISTANCE PANELS (MTAPS)As part of the Regional Land Use Leadership Institute, participants are divided into teams and assigned specific challenges being faced by local governments. The group uses their professional knowledge, and information gained from the Leadership Institute to come together as a team to provide guidance on possible solutions to the problems.

Strategic Partnerships11TH STREET BRIDGE PARKThe district council received funding from the ULI Foundation to partner with a community development organization that is working to create a park on a piece of abandoned infrastructure to create a connection between two diverse neighborhoods and a safe, healthy place for people to engage in healthy activity.

GEORGE WASHINGTON UNIVERSITY CENTER FOR REAL ESTATE AND URBAN ANALYSISFor the second year in a row, ULI Washington partnered with the George Washington University Center for Real Estate and Urban Analysis to convene a day long workshop on Walkable Urban Places. The focus this year was on the importance of place management to the success of these places.

NATIONAL BUILDING MUSEUMA partnership with the National Building Museum resulted in a lecture highlighting the Urban Renewal program of the 1960s. Gregory Heller, who recently wrote a new biography of Edmund Bacon, an urban renewal practitioner and trend setter from Philadelphia, spoke at an event at the National Building Museum about the program and Mr. Bacon’s role in it.

GEORGE MASON UNIVERSITY CENTER FOR REGIONAL ANALYSISWith other regional groups including the 2030 Group, the Board of Trade and the Federal City Council, ULI Washington helped fund research by the George Mason University Center for Regional Analysis on jobs and housing in this region in the future.


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FY2014 TAPS• Redevelopment in East Frederick, MD• Harvesting the Value of Metrorail in

Loudoun County, Virginia• Temporary Uses at the Walter Reed

Army Medical Center in Washington, DC

FY2014 MTAPS• Housing Potential on the Maple Avenue

Corridor, Town of Vienna, VA• Enhancing Olde Towne Gaithersburg,

Gaithersburg, MD• Investing in Commercial Centers at

Takoma/Langley Crossroads, City of Takoma Park, MD

• Neighborhood Libraries and Mixed-Use Opportunities, DC Public Library

• Carroll Creek Linear Park, City of Frederick, MD


Celebration And ServiceLIFETIME ACHIEVEMENT AWARDNow in its 12th year, this event is held every fall to honor the region’s most distinguished real estate leaders. This year’s awardee was Ray Ritchey and Boston Properties. The award was presented at an elegant 600-person dinner at the National Building Museum. Mr. Ritchey is a local leader who exemplifies the mission of ULI in his real estate experience and through his community service and mentoring relationships in the community.

NEW MEMBER AND SPONSOR EVENTSFor the first time this year, district council leadership held a special event to acknowledge the generous companies that provide financial support to the district council, and also held a breakfast for new members to meet each other and learn about the district council.

YLG COMMUNITY SERVICEA cadre of ULI Washington members under 35 year of age participated In volunteer activities with the following organizations:

• Common Good City Farm

• Capital Area Food Bank

• THEARC

• Bread for the City

• Miracle League of Alexandria

These opportunities are coordinated by Young Leaders, ULI members under 35 years of age.

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Focused EducationURBANPLANUrbanPlan, a national ULI program takes members into high schools and universities to engage in a realistic and academically demanding classroom-based curriculum in which students learn about the forces that affect development. ULI members act as facilitators and judges to enhance the student learning experience. The program curriculum was updated this year and the district council held a volunteer refresher course for members to learn the new elements, as well as a new volunteer training.

MEMBERS ONLY CASE STUDIESMembers Only Case Studies offer an opportunity for members to “kick the tires” on recently completed development projects. In FY14, case studies were held at 77H, a mixed use apartment building that includes the City’s first urban Walmart, and the NYU Global Academic Center in DC.

YLG EDUCATION AND PROGRAM COMMITTEESThe YLG Education and Program Committees organize robust panel discussions and project tours throughout the year, some open only to members under 35 years of age, others open for all ULI members. Over the past year, topics for these programs have included:

• Walking Tour of the H Street Corridor

• Changing Condo Market

• Legacy Office Space

• Urban Retail

• Multifamily Pipeline

• City Market at O Project Tour

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By The NumbersMEMBERSHIP GROWTH BY YEAR

MEMBERSHIP RETENTION RATES (2013–2014)

0 500 1000 1500 2000

0% 20% 40% 60% 80% 100%

Associate

Full

Students

YLG

0% 20% 40% 60% 80% 100%

0 500 1000 1500 20000 500 1000 1500 2000 2500

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

2014

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GENDER OF MEMBERS

FEMALE25.8%

MALE74.0%

MEMBER AGE BREAKDOWN

EXPENSES

STAFF/ ADMIN40%

PROGRAMS43%

COMMUNICATIONS5%

MEMBER RECOGNITION4%

INITIATIVES8%

REVENUES

20–2920.1%

30–3945.8%

OVER 6013.2%

50–5911.6%

40–499.3%

SPONSORSHIP46%

PROGRAMS32%MEMBERSHIP

12%

GRANTS/CONTRACTS

10%

BUDGET ALLOCATION

MEMBER DEMOGRAPHICS


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2014 Annual SponsorsPLATINUM SPONSORSBallard Spahr LLPCohnReznick

The JBG Companies

GOLD SPONSORSArent Fox LLPBozzutoHunt CompaniesKettler

Silverwood CompaniesUS BankWalker & Dunlop

SILVER SPONSORSBank of America Merrill LynchB.F. Saul CompanyBingham McCutchenCassidy TurleyColvin Institute of Real Estate Development at the University of MarylandEDENSElm Street DevelopmentEYA LLCFidelity National Title insurance Company National Commercial ServicesFirst Potomac Realty TrustFoulger-Pratt/Argo DevelopmentHOAR Construction

Hord Coplan Macht, Inc.KBR Building Group LLCLCOR Linowes and Blocher LLPMilestone CommunicationsM.J. Wells + AssociatesPerkins EastmanPeterson CompaniesStanford PropertiesTishman SpeyerThe Tower CompaniesTrammell Crow CompanyWashington Property CompanyWDG ArchitectureWillowsford, LLC

BRONZE SPONSORSAkridgeAvalonBay Communities, Inc.Baier PropertiesBowman Consulting Group, Ltd.Buvermo Investmentschristopher consultantsCombined Properties, Inc.Cooper Carry, Inc.Dweck Properties, Ltd.

GABLES ResidentialHarkins Builders, Inc.Hickok Cole ArchitectsLerch, Early & BrewerPinkard Group (The)RCLCORodgers ConsultingSeyfarth Shaw LLPUnion Realty Partners

CONTRIBUTING SPONSORSIntrepid Real EstateKeane Enterprises

Paradigm Development

2014 Washington Real Estate TrendsPRINCIPAL SPONSORCapital One Commercial Banking

MAJOR SPONSORSGrosvenorLCORPike & Rose

PrudentialQuadrangleThe JBG Companies

EVENT SPONSORSBaker TillyBallard Spahr LLPBregman Berbert Schwartz & Gilday (BBS&G)Bozzuto ConstructionBohler EngineeringCassidy TurleyCityline Partners LLCCohnReznickCole, Schotz, Meisel, Forman & Leonard P.A.Colvin Institute of Real Estate Development at the University of MarylandDavid M. Schwarz ArchitectsDONOHOE

First Potomac Realty TrustHarkins Builders Inc.HFFHickok Cole ArchitectsHord Coplan Macht, Inc.Jacobs Global BuildingsJohns Hopkins Cary Business SchoolLangan Engineering & Environmental ServicesLockton MetLife Real Estate InvestorsPMISK+I ArchitectureThe Chevy Chase Land Company

EXHIBITORSBohler EngineeringBozzuto ConstructionBrown Craig TurnerCapital One Commercial BankingCohnReznickColvin Institute of Real Estate Development at the University of MarylandDavid M. Schwarz ArchitectsDavis, Carter, Scott Ltd.George Mason M. S. in Real Estate DevelopmentGrimm + Parker ArchitectsHarkins Builders Inc.

Hickok Cole ArchitectsHord Coplan Macht, Inc.HUD PD&RJohns Hopkins Carey Business SchoolLangan Engineering & Environmental ServicesPMIPrice ModernSeyfarth Shaw LLPSK+I ArchitectureUBERWDG Architecture

ULI Washington’s Generous Sponsors

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OFFICERS

CHAIR Matt Klein AKRIDGE

CHAIR FOR MISSION ADVANCEMENT Richard Perlmutter ARGO DEVELOPMENT COMPANY

GOVERNANCE COMMITTEE CHAIRJohn Slidell THE BOZZUTO GROUP

TREASURERMark SharerBANK OF AMERICA MERRILL LYNCH

ASSISTANT TREASURER Emily Butler COHNREZNICK

GOVERNANCE COMMITTEE

Robert BuchananBUCHANAN PARTNERS

Craig CiekotTHE JBG COMPANIES

Brian CullenRPL LAND MANAGEMENT

David MayhoodTHE MAYHOOD COMPANIES

Robert PinkardTHE PINKARD GROUP

Barry Rosenthal THE JBG COMPANIES

John Slidell THE BOZZUTO GROUP

MANAGEMENT COMMITTEE

CASE STUDIES Pam DuBois BOLAN SMART ASSOCIATES

COMMUNICATIONSJamie Gorski THE BOZZUTO GROUP

HOUSING INITIATIVE COUNCIL Laura Cole WILLOWSFORD, LLC

Sandy SilvermanPERKINS EASTMAN

LEADERSHIP INSTITUTESusan Bell

Doug WrennRODGERS CONSULTING, INC.

Erica Leatham BALLARD SPAHR, LLC

District Council Leadership (FY2014)

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LEADERSHIP ROUNDTABLESJayne Shister CASSIDY TURLEY

Anthony Balestrieri METLIFE REAL ESTATE INVESTORS

MEMBERSHIPRobert Atkinson DAVIS CARTERSCOTT

Marc McCauley ARLINGTON ECONOMIC DEVELOPMENT

REGIONALISM INITIATIVE COUNCILDavid Winstead BALLARD SPAHR LLP

Peter Shapiro PRINCE GEORGE’S COUNTY REVENUE

AUTHORITY

TECHNICAL ASSISTANCE PANELSRobert Eisenberg HERITAGE PROPERTY COMPANY

TOD INITIATIVE COUNCIL (WITH ULI BALTIMORE)David Kitchens COOPER CARRY

Tammy Shoham CAPITOL RIVERFRONT BID

URBANPLANDan Anderton DEWBERRY

YOUNG LEADERS GROUPKatie Bucklew EDENS

Terence O’Connell METLIFE REAL ESTATE INVESTORS

WOMEN’S LEADERSHIP INITIATIVEKathy RobersonCOMBINED PROPERTIES

Patricia Earnest PRC, LLC

Advisory BoardRobert Atkinson DAVIS CARTER SCOTT

Mike Balaban SB-URBAN, LLC

Anthony Balestrieri METLIFE REAL ESTATE INVESTORS

Rita Bamberger THE HOLLADAY CORPORATION

Brian Berry COLUMBIA PROPERTY TRUST

Andrew Blair COLONIAL PARKING, INC.

Rich Bradley DOWNTOWN DC BID

Leslie Braunstein LHB COMMUNICATIONS, INC.

Andy Brown STANFORD PROPERTIES, LC

Bob Buchanan BUCHANAN PARTNERS

Katie Bucklew EDENS

Jim Butz JEFFERSON APARTMENT GROUP

Barbara Byron OFFICE OF COMMUNITY

REVITALIZATION, FAIRFAX COUNTY

Brian Casey WALKER & DUNLOP

Anthony Chang CASSIDY TURLEY

Yum Yu Cheng LINOWES AND BLOCHER

Craig Ciekot JBG COMPANIES

Laura Cole WILLOWSFORD, LLC

Yolanda Cole HICKOK COLE ARCHITECTS

Doug Cooper UNION REALTY

PARTNERS, INCORPORATED

Peter Crowley LANDDESIGN Brian Cullen RPL LAND MANAGEMENT

Paul DeMartini TISHMAN SPEYER

Bob Eisenberg HERITAGE PROPERTY COMPANY

Jay Fisette ARLINGTON COUNTY BOARD

David Flanagan ELM STREET DEVELOPMENT

Len Forkas MILESTONE COMMUNITIES, INC.

David Forrester FORRESTER CONSTRUCTION COMPANY

Ron Gart SEYFARTH SHAW LLP

Calvin Gladney MOSAIC URBAN PARTNERS

Evan Goldman FEDERAL REALTY

Jamie Gorski THE BOZZUTO GROUP

Ed Gosselin INTREPID REAL ESTATE

Bill Hard LCOR

Bob Harris LERCH EARLY & BREWER

Pat Harris LERCH EARLY & BREWER

Alan Harwood AECOM

Charlie Hewlett RCLCO

Susan Ingraham Bell Mark Katz ARENT FOX

Gadi Kaufmann RCLCO

David Kessler COHNREZNICK

David Kitchens COOPER CARRY

Matt Klein AKRIDGE

Jeff Kruse HOAR CONSTRUCTION

David Mayhood THE MAYHOOD COMPANY Laurey Millspaugh BUVERMO PROPERTIES

Chris Naughten FIDELITY NATIONAL

TITLE INSURANCE COMPANY NATIONAL

COMMERCIAL SERVICES

Charlie Nulsen WASHINGTON PROPERTY COMPANY

Josh Olsen MONUMENT REALTY

Richard Perlmutter ARGO DEVELOPMENT COMPANY

Bob Pinkard THE PINKARD GROUP

Whayne Quin HOLLAND & KNIGHT LLP

Kathy Roberson COMBINED PROPERTIES,

INCORPORATED

David Roodberg HORNING BROTHERS

Barry Rosenthal THE JBG COMPANIES

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Donna Shafer CITYLINE PARTNERS, LLC

Asheel Shah KETTLER

Peter Shapiro REVENUE AUTHORITY

PRINCE GEORGE’S COUNTY

Mark Sharer BANK OF AMERICA

Jayne Shister CASSIDY TURLEY

Sandy Silverman PERKINS EASTMAN

Mark Silverwood

SILVERWOOD HOMES, INC.

John Slidell THE BOZZUTO GROUP

Stan Sloter PARADIGM

DEVELOPMENT COMPANY

Sadvi Subramanian CAPITAL ONE

Judith Tria FIRST POTOMAC REALTY TRUST

Walter Whitt U.S. BANK

Anthony Williams FEDERAL CITY COUNCIL

David Winstead BALLARD SPAHR LLP Roger Winston BALLARD SPAHR LLP Doug Wrenn RODGERS CONSULTING, INC.

Gwen Wright MNCPPC—MONT. CO.

Bob Youngentob EYA

ULI Washington Staff (FY2014)EXECUTIVE DIRECTORLisa Rother

DIRECTOR, COMMUNITY OUTREACHDeborah Bilek

DIRECTORBernadine Dullaghan

ADMINISTRATIVE ASSISTANTCher Keen

DIRECTOREmily Weberman

Contact Information4909 Cordell Avenue, 2nd Floor Bethesda, MD 20814

240-497-1919washington.uli.org

Photo Identificationpg 1 ULI Washington 2014 Real

Estate Trends Conferencepg 4 Generations Panel–

2014 Trends Conferencepg 5 Womens Leadership Initiative

Panel on Career Successpg 7 11th Street Bridge Park

Conceptual Drawing

pg 8 a Lifetime Achievement Award Dinner honoring Ray Ritchey and Boston Properties

b Young Leaders (members under 35 years of age)

pg 9 a TAP Panelists (Glenmont TAP)

b Regional Land Use Leadership Institute panel

c Building Healthy Places panelists

pg 12 Lifetime Achievement Award Dinner

pg 17 Reuse at Walter Reed TAP site tour

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uli washington annual report fy2014 (july 1, 2013- june 30, 2014)

Documents

uli priceless

uli members

uli baltimore

akridge2uli washington

iiuli washington

chairuli washington

annual report1uli washington

different uli committees