DU takes top honors in Rocky Mountain Real Estate Challenge

du team
University of Denver graduate students raise the NAIOP Cup a traveling trophy, after winning the 16th annual Rocky Mountain Real Estate Challenge. (NAIOP Colorado)

A team from the University of Denver won the Rocky Mountain Real Estate Challenge Thursday night with plans for a residential-focused development anchored by a senior living campus.

The competition spotlighted RK’s 14-acre industrial property at 3800 Xanthia St. in Denver’s Stapleton neighborhood. Given difficult access, the residential surroundings and strong demographics, DU team Odyssey Development Group created its proposed Strömmen development to win the competition for the 10thtime in 16 years.

Runner-up University of Colorado included a strong residential component in its proposed Harvest Point, along with a vertical urban farm, retail, and food and beverage components.

NAIOP Colorado’s Rocky Mountain Real Estate Challenge, presented by Land Title Guarantee Co., is a competition between DU and CU graduate students to create a realistic development plan for a property within the Denver metro area. It is judged by a panel of commercial real estate experts. Finalist teams from each university are selected following internal competitions.

The Opus Foundation provided scholarships to both universities following Thursday’s dinner event attended by some 700 professionals and students.

DU team members were Adam Graham, Ari Steinberg, Casey Fanganello, Chase Siegel, Demetra Kapuranis, Ross Hardin and Timothy Flynn.

CU’s Paracord Development team included Dan Berdelle, Kevin Bernstein, Ashley Dancer, Matt Evans, Nick Graham, Mose Park and Sam Rainbolt.

Jill Jamieson-Nichols has been an Editor with the Colorado Real Estate Journal for more than 15 years, providing coverage of office, industrial, hospitality and mixed-use development news in the Denver metro area, plus all property types in Northern Colorado, Boulder County and along the Highway 36 corridor. Prior to joining CREJ, Jill was Editor of…