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An Honorary Society Providing a Forum for the 
Advancement of Land Economics
August 2007 The Honorary Society for the Advancement of Land Economics
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Featured Stories


Letter from the President

Dr. James A. Fawcett

With our fall Land Economics Weekend and Biennial Congress just a couple of months away, I want to offer some highlights of the fall meeting and entice you to make early travel arrangements. Every two years, our Land Economics Weekend becomes the LAI Biennial Congress. This year it will be held in Los Angeles at the beautiful Fairmont Miramar Hotel in Santa Monica. In addition to our accustomed city tours, at the Biennial we recognize our members and those in the land economics professions who have made noteworthy contributions during the previous two years.

First, a note concerning the October meeting schedule: we’ll hold all of our business meetings on Thursday, 18 October so that we can devote the balance of the weekend to our tours and other events. That will allow time for those of you not attending the business meetings to get settled at the hotel prior to the Thursday evening events. There will be a get-acquainted tea for members and spouses at the Fairmont Hotel in the afternoon hosted by the Los Angeles Chapter. Then the Biennial Congress will commence on Thursday evening with the President’s reception followed by dinner at which new members of the Los Angeles Chapter will be initiated. We are particularly pleased that Gail Goldberg, AICP, the new Planning Director of the City of Los Angeles and a member of the Los Angeles Chapter, will give the dinner remarks.

On Friday morning, there will be a Lambda Alpha orientation session for new chapter officers and chapter administrators. An important, not to be missed session. It is designed to give new chapter officers an overview of the organization, the informational resources available to them and a chance to ask questions of the LAI Executive Director and to gain perspective on the role of the International office. LAI leadership will attend as well. This is a great opportunity for your team to get off to a great start for their term in office.

Our tours begin at 10:30 where we’ll see the RAND Corporation’s new LEED headquarters in Santa Monica. This will be followed by a tour of the Westside of Los Angeles (Westwood, Century City, Beverly Hills) and then on to Hollywood where there are multiple renovation projects underway. From Hollywood, we'll
return to the Fairmont Hotel to give everyone a chance to relax and do dinner on the town as they choose.  The LA Chapter will be available with all sorts of great restaurant recommendations.

On Saturday, the tour includes a major new urbanism infill project, Playa Vista, built on the former airport site of Hughes Helicopter (yes, that Hughes). Our tour will continue to downtown where we will see two recent winners of the LAI Skyline Award, Staples Center and Walt Disney Concert Hall. Other new development is underway that is changing the look and feel of the downtown and offers lessons in the lifecycle of downtowns. We’ll return to Santa Monica for some leisure time and will re-convene in the evening for the LAI Biennial Awards Reception and Banquet. Anthony Downs, renowned land economist and member of our George Washington Chapter will present the evening’s remarks.

I want to invite you to join us in Los Angeles. As our European Region Vice President, Karen Sieracki, has said, the Land Economics Weekends are a wonderful way to “get beneath the skin of a city.” We hope you’ll come to Los Angeles and join us in getting under the skin of LA.

Dr. James A. Fawcett
International President
fawcett@usc.edu

 

Editor’s Column


Helen Sause

Dear Colleagues: In the last KeyNotes I wrote of five issues* that seem paramount to the membership. Since we are preparing to go to our Biennial Congress where leadership teams for the chapters will gather to learn more about the LAI structure, communications and resources to make their job easier, the focus will be on organizational matters and communications this month.

President Fawcett has made it a priority for the chapter presidents to meet in Los Angeles and learn/review the basic LAI structure of the organization and how it functions. This should help the chapter leadership teams get off to a running start for their two-year terms. For example, when I served the Golden Gate chapter several years ago, I never realized there was a Regional Vice-President I could turn to for help/ information. I never really focused on the Land Economic Weekends nor the Annual/Biennial meetings as a place to find peers, discuss chapter issues, and understand where one could find models to consider for enhancing the Chapters’ practices (in KeyNotes of course!). This meeting in Los Angeles should be really beneficial to new presidents just starting out as well as those who have been around for a while.

Questions that occur to me we should ask each other include:

  • Do you have a Chapter Administrator? (Best thing since sliced bread believe me!) This position is critical. Having a professional dedicated to spending the hours you agree upon and doing the essential organizational work when you want it done makes a world of difference. It may also make it possible for someone who felt that they didn’t have time to be president reconsider. An administrator can also methodically build organizational files to assist in continuity.

    The objectivity of an administrator is important. It may be generous for a member to provide some of their secretary/assistance’s time to act as the chapter’s administrator. Generally a BIG MISTAKE! Perfectly well meaning and sensible as it seems, that person has a job that will always need to take precedence over LAI work and they answer first and foremost to a person other than the president.
  • When do your new officers take office? End of the year? Or?
    If all chapters started at the same time we could all be on the same footing, not having some people well into their term and others months away from appointment. Individuality is important but does it matter in this case?
    · How is your new leadership team equipped to guide the chapter? What are the organizational files that are passed on? Do they have to start from scratch?
    · Do you do forward planning? Or at least plan your programs long in advance so that the best speakers are available.
  • Exactly when does your chapter induct new members?
    · Think about dues collection – does LAI International collect them for you?
    There are many advantages to having the central office invoice, collection and follow up, not the least is the time saved!
    · How are your membership lists kept current?
    · What do you know of the actual structure of the LAI organization?
    · Does your chapter have a scribe? It is great to have someone other than the members' secretary.
    · Do you use the KeyNotes as a communication tool and remind your membership that this is one of LAI’s chapters’ ways to share organizational information?

Please have YOUR questions at the ready as these issues and others will be discussed in Los Angeles Friday morning. Our goal is to achieve an informational network between the chapters and LAI. Then there is the great benefit of just getting to know each other better.

Till next time! All the best.

Helen Sause
International Editor
helensause@alamedanet.net

*This isn’t a test to see if you read the July issue...the priorities suggested in the column were: Organizational Communication, Preservation of Assets, Preservation of Eminent Domain Capacity, Developers Role in Communities and fostering Professionalism and Ethical Standards. - Helen

Guest Editorial


Alan Nevin

by Alan Nevin
Market Pointe, Realty Advisors

Hello Colleagues!
I keep looking around for a national energy policy and can’t find one. I recently read a publication that quoted energy statements of every president from Nixon forward. Each had the goal of oil independence. When Richard Nixon was President, we imported 36% of our oil from foreign countries. In each successive presidency, the percentage has risen. Now it’s 65.5%.

After all, France gets 75% of its non-vehicular energy from nuclear plants and Brazil gets 40% of its transportation fuel from ethanol and is now a net exporter of oil.

Gas mileage standards (CAFÉ in government terms) haven’t changed since 1990 and are relatively meaningless since light trucks (including, of course, SUV’s) have a mandatory average of 20.3 miles per gallon.

I have this vague feeling that nobody in Washington really cares that our entire economy and the future of our nation is in the hands of folks who have no particular love for us. Perhaps most folks have forgotten the oil crisis of 1973 (and the quadrupling of oil prices) and the recent tripling of oil prices.

Over the past few years, I have been jotting down some common sense remedies for our oil dependence. Let me offer a few for non-vehicular energy saving:

  • A tax credit for installation of double pane windows, sliding glass doors and wall and ceiling insulation;
  • A tax credit for installation of tankless water heaters;
  • A tax credit for replacement of old refrigerators and stoves.
  • Mandatory instillation of electronic heating/cooling regulating devices;
  • Mandatory installation of water control devices on showers, irrigation systems, sinks, etc.
  • Mandatory installation of water sensors on irrigation systems.
  • Develop nuclear power plants, many of them.

As non-vehicular energy consumes 1/3rd of all energy in the nation, if we could save perhaps 30-40% on our non-vehicular bills it would go a long way toward oil independence.

Perhaps Lambda Alpha should come up with its own energy policy. Why shouldn’t we be at the forefront of a national energy movement? Let me issue a challenge: if you will send me one idea for energy conservation, I will blend it into a draft of a national energy policy. Then we’ll publish it in Keynotes for your critique and suggestions and then we will do a mass mailing to Congress and local elected officials.

Energy independence is not an unreachable goal. It just take guts by our elected officials and a little common sense. Very little. I await your input.

Alan Nevin
San Diego Chapter

 

Report from the 2007 Awards Committee

The highlight of the 2007 Biennial Congress in Los Angeles will be the gala Awards Dinner where trophies will be presented to the recipients of Lambda Alpha International Awards.

At the Executive Committee and the Board of Governors meeting, in Dublin, the Awards Committee presented a trophy design to be used for all awards given at LAI biennial events. The single trophy “look” will enhance the value of each individual award and recognition, and it will establish a permanent and unique symbol of achievement in the field of land economics. It will be known as the ELY.

The trophy, designed by Theresa Cardinale of Pasadena, California, contains a soaring flame of knowledge embracing the Lambda Alpha International Key.

The flame of knowledge symbolizes Professor Richard Ely’s emphasis on the academic study of land economics as a science. The LAI key represents the multiple disciplines of members’ professional practice. These two elements merge together in the advancement of the best use, interests and preservation of the land.

The flame and key sit on a wood base with a plaque identifying each Award, its citation and the current year recipient’s name.


Paper Maquette of the ELY Award

Above the plaque is a laurel wreath, denoting both achievement and continuity.

The Board of Governors approved production of the new award at its Dublin meeting and six chapters of the Society have also made contributions to create this first version of what we believe will become a permanent award design. Awards Plus of Los Angeles (www.awardsplus-usa.com) also contributed set-up costs to the production of this first series of awards. The Awards Committee wants to express its appreciation to those chapters (listed below) and to Awards Plus for making this award possible.

Contributing Chapters
Aloha
Baltimore
George Washington
London
Los Angeles
Phoenix

We look forward to seeing you in Los Angeles.

Fereydoon Ghaffari
International Historian and
Chair, 2007 Awards Committee

 


Featured Stories

Letter from the
President

Editor's Column

Guest Editorial

Report from the 2007 Awards Committee

Chapter Corner

Baltimore Chapter

Ely Chapter

Golden Gate Chapter

George Washington Chapter

Orange County Chapter

Phoenix Chapter

Simcoe Chapter

Zia Chapter

International Member At-Large: India

Announcements

Administration Matters!

Save the Date!


Online KeyNotes is published monthly for members of Lambda Alpha International.

Editor: Helen Sause, Golden Gate Chapter

Production Manager: Michele Meng

Send your announcements for next edition of KeyNotes to LAI@LAI.org

Webmaster / Designer: Kathy Keler

For more information about LAI activities, visit the website or contact the International Office: Terry Stevenson, Executive Director
214 N. Hale Street
Wheaton, IL 60187
p: 630/510-4584
f: 630/510-4501 lai@lai.org
www.lai.org





Chapter Corner

 

Baltimore Chapter:

Chapter members are being alerted to attend the upcoming 36th Biannual LAI Land Economic Weekend in Los Angeles, CA, USA on October 18-21, 2007. This will be a very special event because our own Dr. Michael A. Anikeeff will receive the prestigious Richard T. Ely Distinguished Educator Award. This Lambda Alpha International award recognizes a Member who has achieved excellence within the academic world in the field of land economics. The Award presentation to Dr. Anikeeff will be at a special Dinner on October 20, 2007.

Special note: A new feature has been added to the LAI website, under the MEMBERS ONY section. The new feature is called PRESENTATIONS. The current presentation is from our trip to Ireland. I encourage you to visit the site and view the presentations by presentations by Tom Dunne, John Tierney and Ian Gleeson. It is fascinating data on the growth of Ireland and how it plays out on the world’s stage, today.

Please plan to attendthe next Baltimore Chapter meeting, Wednesday, September 19, 2007 at Noon at the JHU Downtown Center. Our Speaker TBA. The October Speaker will be Mrs. Ellen Hemmerly, President, bwtech@UMBC Research and Technology Park.

Neil Muldrow, Baltimore Chapter President

 

Ely Chapter:

The Ely Chapter of LAI has recently developed a series of informal "Technical Working Group" meetings to foster small group discussions on timely topics. Typically, these meetings take place during an extended lunch hour or at the end of the day at a member's office.

The Ely chapter announced the first of its Technical Working Group sessions devoted to technical problem solving within the fields of real estate economics, law and planning. It is intended to bring practitioners together with academicians to encourage an exchange of ideas about research questions, methodologies, and data sources. A further hope is to shorten the time it takes for the work of academicians to become common industry practice.

The programs are intended to supplement the monthly LAI luncheons. Meetings will be held every other month in the evenings and will run about an hour and a half, with a third of that time devoted to an individual presentation and the remaining time left for in-depth discussion.

The first meeting of the Ely Technical Working Group was held Wednesday, May 2,2007. McKim Barnes, Vice President of Research and Analysis for Draper and Kramer discussed how he uses regression analysis to estimate the level and trends of condominium prices in markets where Draper and Kramer is considering a conversion project. Questions addressed included, “What factors really do influence condo prices and what alleged influences appear to be ‘broker mythology’? What part of a condo’s selling price is merely a random deviation? But do regression-based methods offer a superior alternative to the time-honored appraiser’s adjustment grid? ” Kim illustrated his methods using data from downtown Chicago. The discussion focused on the benefits and disadvantages of using more sophisticated statistical methods to predict prices.

The second working group session was a discussion on "Setting the Boundaries of Real Estate Markets". It was conducted at the College of Urban Planning and Public Affairs University of Illinois at Chicago on June 29. The discussion considered the effects of poorly defined sub-market boundaries and the potential lead to erroneous estimations of market prices and rents for any property. In consideration of different attributes of a property being differently valued depending on the unique demand and supply conditions within the sub-market. Moreover, the factors of geography of residential and commercial sub-markets in the same general vicinity will vary considerably. But how exactly are sub-market boundaries determined? How fixed or malleable are these boundaries? How much variability can particular properties exhibit and still be considered part of the same sub-market?

During this second session of the Lambda Alpha International Technical
Working Group, considered different methodologies for delineating real estate sub-markets within metropolitan regions were accessed. Geographer Mark Donovan led the discussion, providing some background to the topic and introducing a novel methodology for identifying variation between office sub-markets and locating their cores.

This methodology is based not on industrial sectors but on the type of office facility (e.g., headquarters, back office, sales office) and employment mix. Mark provided an example of this method looking at office sub-markets in metropolitan Chicago using CoStar data and U.S. Bureau of Transportation Statistics' Census Transportation Planning Package.
Mark P. Donovan is an ABD Ph.D. student in the Committee on Geographical Studies at the University of Chicago. He has worked in non-profit community development and as an investment and market analyst at Pannell Kerr, Forster, Balcor, and the Prime Group.

Two Ely Chapter members, McKim Barnes and Rachel Weber have done a great job of organizing these discussions.

Contact Barbara Morris at ely-chicago@lai.org to request your copy of the report.

Barbara Morris, Ely Chapter Scribe

<Ed. Note: This seminar provides a great model for sharing knowledge of educators and practioners  in a “safe space” to thoroughly  evaluate specific  real estate issues.>  

 

Golden Gate Chapter:

THE TRANSBAY TERMINAL

The Chapter has members heavily involved as proposers, jurors, Authority Members and City staff in the evaluation of the three exciting development proposals. These have come from years of dreams and talk to models and actual proposals. The models have been publicly displayed for information and comment.

What’s the big deal? Well the development will include the tallest building on the West Coast and a world class transit center. The design proposals are for both the tower and the terminal to keep the design coherent and are as follows:
•The Rogers Stirk Harbour’s design has a tower of 1,225 feet, with a “muscular look” rising straight up from a plaza on Mission Street. The Development team includes Forest City Enterprises, Cleveland based, with MacFarlane Partners, San Francisco.
•The Pelli Clarke Pelli Architects plan has a tapering, obelisk-shaped tower rising to 1,200 feet. At the base would be a glass-covered square. The Developer is Hines, based in Houston.
•The Skidmore Owings Merrill team proposes a 1,375 tower that twists as it rises, topped by a rooftop space wrapped in glass. The Developer is the Rockefeller Group Development Corporation (now owned by Mitsubishi Estate Co.).

The new tower / transit center will be built on the site of the existing Transbay Terminal located a block from Market Street between Beale Street and Second Street. The development process which is being carried out by the Transbay Joint Powers Authority. The Authority is a regional government body created in 2001 to bring about the construction of this new transit terminal in San Francisco planned to be along the lines of Grand Central Station. The intent is to relocate all transit systems to this site. The development team would buy or ground lease the land and build the tower. The Authority would use the proceeds to help pay for the terminal.

Part of the big deal for the City is the height being considered. The City has long been wary of high-rises. The Request for Proposals required a tower nearly double the currently highest building in the City. So these soaring structural proposals are quite remarkable and even more so since a number of environmental groups favor the height because they realize the benefits of concentrating development in the core of the city. The high will require a change to the City’s zoning to permit this height.

The Transbay Authority is to vote on selection of one of the three teams September 20, and the goal is to have the transit station in operation by 2014. For more information: links.sfgate.com/ZOG Two other links for Chronicle articles on the Transbay Terminal are as follows: www.transbaycenter.org and http://sfgate.com/cgi-bin/article.cgi?file=/c/a/2007/08/12/MN6SRGFIU.DTL

Jesse Smith, Golden Gate Chapter President

 

George Washington Chapter:

The chapter membership has ratified the selection of over 30 new members who will be inducted at our annual banquet on October 16th. Two of our nominees have been selected for annual awards at the LAI Fall Weekend in Los Angeles: for International Author, Tony Downs of the Brookings Institution, who has written extensively on urban economic policy, and for International Urban Affairs, chapter member Maureen McAvey, Executive Vice President for Initiatives at the Urban Land Institute and a leader in promoting best land development practices here and abroad.

LAIGW sent a healthy contingent of nine to the Spring Weekend in Dublin and Belfast. Some members followed up in Washington, participating in a special showing at Union Station of the proposed Titanic Quarter urban regeneration project on the site of a former shipbuilding yard in Belfast’s docklands.

Since the Spring Weekend, the chapter’s well attended luncheons have featured presentations by chapter member Greg Leisch, Chief Executive of the real estate consulting firm, Delta Associates, on the current performance and outlook for the office, apartment and condominium sectors in the Washington Metropolitan area, and Washington, DC’s new planning director, Harriet Tregoning, former executive director of the Smart Growth Leadership Institute, on the smart growth initiatives she intends to promote in the capital city.

Rosalyn Doggett, George Washington Chapter Scribe

.

Orange County Chapter:

The chapter is on summer break and will resume meetings at the time of the combined meeting with Los Angeles on Wednesday, September 19th. We plan a very special joint meeting, which includes a tour of the new, impressive Segerstrom Hall for the Performing Arts in Orange County. This venue has received resounding cheers from all parts of the Arts, Concert and Entertainment world. Our tour will be followed by lunch at the adjacent Center Club, one of Orange County's most exclusive private clubs.

Pat Neal, Orange County Chapter President

 

Phoenix Chapter:

The 13th Annual LAI Phoenix, Valley Partnership and ULI Arizona Fall Real Estate Seminar is just around the corner, September 12, 2007. This year’s seminar features William H. Hudnut, III. Bill Hudnut currently occupies the Urban Land Institute/Joseph C. Canizaro Chair for Public Policy. Sponsorship opportunities and registration information is on our website at www.lai-phx.org.

Other dates to mark on your calendar:


Valley Ho Hotel – Phoenix Spring 2008

October 19th – Phoenix Chapter Breakfast Meeting – Phoenix Country Club
November 15th – Emerging Trends Lunch Program – Arizona Biltmore
November 28th – Holiday Party and New Member Induction Ceremony – Valley Ho (reception on the rooftop – you won’t want to miss this!). You can nominate a colleague for consideration by the membership committee on our website at http://www.lai-phx.org/displayemailforms.cfm?emailformnbr=71683

Thanks to all of our members support and our new fundraising efforts, we have been able to donate $6,000 to the ASU Scholarship Foundation in a partnership with ULI Arizona a total of $18,000 was provided to students in the MRED, College of Design and the WP Carey School of Business!

Finally, I would like to encourage all of you to attend the 36th Biennial LAI weekend Biennial in Los Angeles, CA, USA,. Please feel free to make your room reservations for and watch for the registration and schedule of events very soon! This will give you a great insight into what our chapter will be holding in the Spring of 2008 at the Valley Ho. I will be contacting many of you very soon to assist our planning committee in scheduling the many tours and learning sessions. The Valley Ho Hotel has been secured as our host hotel, which is sure to be a big hit with our national members. If you are interested in joining this planning committee or you have a project you would like to be considered, please call me at 602-229-5974 or email me at steven.gragg@cushwake.com

Steven Gragg, Phoenix Chapter President

Ed. Note: The chapter is partnering with ULI to provide a tremendous contribution to future professionals in the land economics field through their gifts to students at Arizona State University. May be a cause other chapters would like to champion.

Simcoe Chapter:

Hearing about Idiosyncrasies of Planning/Developing in China and Russia

The Chapter recently heard a presentation from Mr. Philip Weinstein, a senior partner of Toronto-based firm The Planning Partnership, about his experience practicing both community planning and architecture in Russia and China. He has been involved in these countries for the last five years, and this includes five trips to China and four trips to Russia. Of his projects, three are currently under construction in China and two in Russia.

The Chapter invited Mr. Weinstein to speak because it wanted to hear from a Canadian consultant who had taken advantage of these large markets, as it is not uncommon for Canadian professions in real-estate related disciplines to be involved in international projects. The evening provided Chapter members with not only fascinating information, but also insights for their own professional development.

You can view the plans that Philip prepared on the Simcoe Chapter website: www.lai-simcoe.org. While you are looking at these plans you can scan the summary below, which shares some interesting and astonishing characteristics Philip learned about planning and development in these two countries.

In Both China and Russia:

‘give and receive’ Gift giving and receiving in business situations is an established tradition at least at a souvenir level—for example, a short presentation at an academic institution can result in fruit baskets and ceramic figures being sent to your hotel room as a thank you.

 

In China:

‘cars and more cars’ Car ownership at present is about 20 million, but is projected to be 250 million in 2020 (an 820% increase in a decade!), subject to the availability of a fuel.
‘who owns the land?’ Urban land is virtually all state-owned with lease rights provided for development. Urban land, however, is only about 30% of the total land in the country.
‘bigger is better’ An overwhelming sense of the development projects is that the bigger they are the better they are. In Nanchang, building setbacks are to be over 120 m in new plans just about twice that of the Champs Elysée.
‘what context?’ Compared to North America, the approach to development has a disconnect in terms of both sense of scale and regard for the surrounding context. The primary objective is to create a superb standalone development, regardless of its context in terms of either use or scale.
‘seven stories is cool’ In a number of areas buildings were universally seven stories high, since that was the height one could build without elevators. Their orientation was such that there was ventilation through single-loaded units. While most people owned air-conditioners, frequently there was not enough energy available to use them! Therefore, the natural ventilation achieved with building orientation was critical.

 

In Russia:

‘single detached;
a rarity and
very large’
Most housing stock in Moscow is in 20-storey concrete buildings often called ‘Kruschevos’. Historically, single-detached housing was a rarity; a suburban ‘dascha’ was a cottage first developed for the upper class in the early part of the 20th century (such as the one from Dr. Zhivago). These were usually about 11,000 sq. ft. in size. This history means that most projects contain only a few single-detached housing units and they are extremely large both in lot and unit size.
‘‘where are the
cars?’’
Current car-ownership rates in the non-urban areas are extremely low at about 240 cars per 1000 people. It is projected to increase comparably modestly to 320 cars per 1000 by 2010, a 200% increase per decade.
‘private enterprise still new ’ The concept of private enterprise is still in its ‘first generation’ with the rules being formulated and reformulated on virtually a daily basis. The concept of buying and selling intellectual property, such as design and architectural services, is virtually not recognized, with changes to prepared plans being done on a relatively indiscriminate basis and abundant ‘plan-copying’.

 

Scott Burns, Simcoe Chapter Director of Communications

<Ed. Note: How many chapters have professionals that consult overseas!?! Or want to? What a great idea to invite them in to share experiences and information about land ownership, development etc.>

 

Zia Chapter:

The membership elected new officers and board of directors for the first time since Zia was founded. They are:

President ..Tom Mills
Vice-President ..Programs.. Ken Hughes
Vice-President..Membership.. Susan Turner (Suby) Bowden
Treasurer…David Henkel
Secretary…Moo Thorpe
At Large Director..Anne Honstein

Michael Maremont remains a Director as Immediate Past President

The new board will take office at the annual meeting September 4th.

Also at the annual meeting the following candidates, voted into membership at the chapter’s July 25th meeting, will be inducted:

Julie B. Rose
John J. Kelly
Jens W. Deichmann
Claudia Meyer Horn
John Mahoney
Lee Peters
Ed Rosenthal
Dolores I. Vigil
Deborah Webster
Greg Witherspoon
Donald H. Wiviott
Steven Brugger
Michael Baron
David Barker
Frank Padilla
Lawrence Rael
Ben Woods

These individuals represent both the public and private sectors and are from diverse areas of the state. They are all distinguished in their fields and welcome additions to Lambda Alpha International.

Zia Chapter members heard a particularly fascinating presentation at our July meeting from Susan Henderson, Principal and Director of Design of Placemakers, LLC. Susan spoke on “Getting to Smart Growth through a Form-Based (Zoning) Code”. Her Albuquerque based firm is working with a number of New Mexico communities as well as others across the country to try to assist municipal governing bodies to effectuate such change.

Our next major event will be our chapter’s annual meeting and induction ceremony to be held near Albuquerque on September 4th.. Our keynote speaker will be Ed Mazria, a Santa Fe architect who has gained international attention through his non-profit ARCHITECTURE 2030 Foundation and is much in demand to speak on what can be done directly by real estate developers and builders to further environmentally friendly development..

Zia hopes that one of its new officers can represent the chapter in Los Angeles.
In the meanwhile we are alive and well here in the Land of Enchantment.!

Michael Maremont, Zia Chapter President

<Ed. Note: It’s wonderful to see the maturity of the Zia Chapter! In such a short time they have advanced from a gleam in a few peoples’ eye, to having an “immediate past president”! Special recognition to Michael Maremont and all who are providing such a vital place for the real estate community to come together and share their professional knowledge. Well done! Congratulations from us all!>

 

International Member At Large - India

I greatly enjoyed the interesting trip to Ireland and meeting many people as well as seeing the interesting projects.

It is really appreciated that LAI has forwarded the of "Global Expression of Interest" invitation to international developers and all concerned members. This development will transform Dharavi, one of the largest slums in the world, into an integrated township of Mumbai with all modern amenities and complete infrastructure.

I hope to report on the results to the eligible bidders who have applied. The last date of receipt of documents was June 30th, 2007 and required a payment of INR 1,000, 000 in form of Demand Draft in favour of "Slum Rehabilitation Authority" (SRA) and on production of attested copies (along with originals for verification) of valid registration certificate and works contract tax no. / certificate. The receipt of EOI was on July 31st, 2007. Therefore only serious bidders should be the ones applying. For further queries one can contact Mr. Mukesh Mehta, Project Management Consultant on Mobile 91-9820013405 or by email:
msmmconsultants@gmail.com. The address is:

Slum Rehabilitation Authority
Govt. of Maharashtra
5th Floor, Griha Nirman Bhavan
Bandra (E), Mumbai - 400 051
Maharashtra, India

Anilkumar Hatkar

 



Announcements

Administration Matters!

LAI 36th Biennial Congress:
Preparations are being completed for the 36th Biennial being held in Los Angeles, CA. October 18-21, 2007. The host Hotel will be the Fairmont Miramar Hotel. To make a room reservation, please call global) 1-800-441-1414 and ask for the LAI rate of $269.00. Please feel free to make your room reservations NOW and the registration and schedule of events will be out very soon!

Web Site – Presentations:
We have also just recently added a new feature to the LAI website, under the "members only" section. The new feature is called Presentations. If you are interested in viewing the presentations from the Economics Weekends, they are now available. The current presentations are from our Ireland Trip.

I hope you are making plans to join us for the 36th Biennial! Enjoy the rest of the summer.

Terry Stevenson
LAI Executive Director

Save the Date ! ! !

Los Angeles, CA Fall Land Economics Weekend
October 18 - October 20, 2007
LAI's 37th Biennial Congress
The Fairmont Miramar Hotel
Reservations
Rates: Single: $269, Double: $289, plus tax
(310) 576-7777

Phoenix, AZ, Spring Land Economics Weekend
April 30- May 4, 2008
More details coming soon!

 

 

 


LAMBDA ALPHA INTERNATIONAL
The Honorary Society for the Advancement of Land Economics


Sponsors/Business Cards:









www.appraisalresearch.com


Place your card here Call 630/510-4584
$250 U.S. for 12 months

 

www.LAI.org anevin@marketpointe.com www.marketpointe.com gafinch@querrey.com www.querrey.com www.querrey.com