Seventh Annual Development Challenge


Thank you to the many teams and individuals who signed up for the competition (registration closed on July 6th). 

On July 20th, the contestants received the Project Brief with complete information about the submission guidelines and the subject development site.

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NAIOP Greater Toronto believes this annual Development Challenge promotes and encourages its overall mission established by and for the members. The competition allows those in the Developing Leaders group to demonstrate their talents and skills to senior industry members through written and live oral presentations. By expanding Developing Leaders’ skill sets and networks we are empowering our future leaders today.

During the summer, professionals 35 years of age or under from all industry disciplines, as well as GTA-based university students, will form small diverse teams to create development proposals for a prominent site in Toronto. Mimicking a real life experience, the teams will work with the constraints of the actual site.

In late August, in a preliminary round of judging, three finalist teams will be selected by experienced industry practitioners.

On Awards Night, October 4, 2018 at the Toronto Region Board of Trade, live presentations will be given by the finalist teams and our panel of judges shown here will select the first, second and third place teams. The judges’ decisions will be based on objective criteria provided at the outset of the competition, plus the depth and quality of the live presentations.  Cash prizes will be awarded to all finalist teams.


 

    

THE COMPETITION PROJECT SITE

Redevelop?  Renovate and Reposition?
Developing Leaders, how would you make your mark in Downtown Toronto? Put on your private equity hat and plan the future for this 1.1 acre full city block between Dundas and Edward streets.

Situated within 150m of St. Patrick subway station at Dundas and University, ideally positioned at the gateway of Toronto’s Discovery District, Government District, and Financial Core – an ideal location to benefit from a multitude of value add strategies.

 


COMPETITION AGENDA

July 6 - Deadline for Developing Leaders and Students to register to participate.

July 19 - Kick-off Social Event hosted by Cushman & Wakefield.

July 20 - The Challenge began on this date when all registered teams received the competition Project Brief.

Late August - Following a preliminary round of judging, three Finalist Teams will be announced.

October 4 - Development Challenge Awards Night. Finalists will present their development concepts live on stage before a panel of distinguished judges and the audience of NAIOP members and industry colleagues. Watch for invitations to attend this exciting event at the Toronto Region Board of Trade.




AWARDS NIGHT JUDGES

NAIOP is pleased to welcome the distinguished industry leaders who will judge the finalists’ presentations on Awards Night in October.

David Gerofsky, CEO, First Gulf Corporation
Nancy Cohen, Managing Director, Cushman & Wakefield
Andrew Duncan, Senior Vice-President, RioCan REIT
Trevor Blakely, CEO, Forgestone Capital
Emily Hanna (Emcee) – Partner, Investments, Crown Realty Partners