Real estate refers to physical land, and the structures and resources attached to it, while economic development refers to the programs, policies, and activities that seek to improve the economic well-being and quality of life for communities and individuals across cities, towns, and regions. Real estate and economic development are intimately linked, and geographers, planners, and sustainability experts play important roles in assessing the progress, pace, and direction of economic development and real estate markets. They offer valuable insights and guidance to cities, towns, and communities seeking to ensure equitable, sustainable, and prosperous development trajectories.
The Real Estate and Economic Development concentration offers students a chance to develop expertise in real estate investment, law, economics, valuation, finance, and development. Students gain insights into the processes of site analysis, selection, design and construction, reuse and redevelopment, building codes, zoning law, and the dynamic role that real estate markets play in the economy. Emphasis is placed on the unique role that urban and regional planners can play in supporting and shaping real estate and economic development