Economic Development Academy

The Economic Development Academy meets the certification requirements for the Real Estate Development and Reuse and the Neighborhood Development  Strategies courses. These courses can be taken separately by going to the course page to register. The Economic Development Academy is held in partnership with the Minnesota Economic Development Foundation.
When
9/22/2020 11:00 AM - 9/25/2020 5:00 PM

Program

   

Tuesday, 22 September 2020

 
This course clearly articulates the eight stage process for real estate development and reuse. Specifically, course participants will learn the fundamentals of market and site analysis, financial feasibility, and what political considerations are required to move a development project from conception to realization. Additionally, this course will cover a wide variety of financing tools that are available at the local, regional, and state levels, including tax increment financing, bond financing, tax credits, tax abatements, land assembly, and brownfield redevelopment. Multiple in-class case studies will be used to help participants work through actual financial and regulatory problems.
Time
9/22/2020 - 9/23/2020

Thursday, 24 September 2020

 
This practitioner-driven course uses the case study method to complement current neighborhood development theory. Participants will learn how to identify the major neighborhood actors, their objectives, and strategies for redevelopment, in addition to understanding the process for creating a strategic economic development plan to meet the neighborhood development goals. Specifically, this course will examine social capital (e.g., linkages, networks, talent, etc.), environmental capital (e.g., stewardship, residual management, etc.) and economic capital (e.g., investment and reinvestment) facing distressed neighborhoods and offer solutions to address local needs.
Time
9/24/2020 - 9/25/2020

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