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

Reflections and More Photos from the Land Economics Weekend in Los Angeles

The Land Economics Weekend/Biennial Congress in Los Angeles was truly a marvelous experience. The local chapter provided superb hospitality in social events and accommodations. The tours were extraordinary!


Disney Hall
 

Disney Hall


The Staples Center

We were able to see a number of places that are normally off limits to visitors, like the Rand Company's "green" buildings and grounds as well as projects on the drawing boards that will transform the civic and cultural districts of downtown Los Angeles. During these two days of tours, led by very knowledgeable guides, augmented by local chapter members, the attendees were given an incredible overview of the enormous amount of development underway or planned for Los Angeles and its nearby communities. Transportation improvements and "green" buildings were high on everyone's list of things to learn about. And we saw many examples of efforts/plans to deal with ever increasing transit challenges and to achieve a higher standard of "green".



Union Station ceiling


Del Mar Station, Pasadena


Pasadena Hotel

Hollywood Walk of the Stars

Retail, Hollywood style

U. of Southern California

Condo converted from a hotel

City Hall

Performing Arts Center


Well done, Los Angeles Chapter, and many thanks for all the time and effort you all put in to make it such a delightful learning experience!

/s/ the Scribe as a "Member" observer.


Letter from the Immediate Past President

Dr. James A. Fawcett

This is my final column as your international president and I want to use the space to tie up some loose ends as I clean out my Lambda Alpha desk. First, I want to thank the marvelous Executive Committee with whom I've had the pleasure of working for the past two years. The group is large and very committed to the success and advancement of Lambda Alpha. Over the period, we have made progress in administration, finances, communications and chapter outreach, chapter development and the Land Economics Foundation. None of that could have happened without a great deal of hard work from your Executive Committee with the cooperation of many chapter leaders.

In the administrative realm, we put together a comprehensive chapter organization manual thanks to the efforts of Ian Lord and Terry Stevenson. With it, chapters now can look up standard procedures for all manner of things, assisting them to more easily manage chapter affairs. In Finances, David Lachoff and Phil Kolbe have worked diligently with our management company to trim costs as well as to keep a sharp eye on our finances, where we now have achieved our goal of one year's management fees in reserve. Bravo!

Our communications and public relations program is a critical part of chapter outreach. Helen Sause has taken our communications effort and turned it into a science. Her PR/Publications Committee has all sorts of ideas for even better communications outreach for the next two years and I'm looking forward to those innovations. When our newsletter, KeyNotes, became electronic a few years ago—an innovation suggested by our former International President, Larry Lund—it changed from a quarterly publication to a monthly schedule, one that requires a lot of writing and production work each month. Helen is now an expert at making that process work smoothly and I am delighted that she has agreed to continue as our International Scribe for the next two years.

Keeping information flowing between the International and our chapters is essential to our success as an organization. Of special note in chapter outreach has been the success of David Greenwood keeping in close touch with the nine chapters in the West Region. Similarly, David Callies has worked hard to bring our Tokyo colleagues into the fold. In chapter development, our London/Europe team led by Dr. Karen Sieracki has done a great job of bringing LAI to the Emerald Isle. We look forward to establishing one and maybe two chapters there in the near future.

In Ottawa, Les Pollock and I were very pleased to spend a day with the Executive Committee working toward a strategic plan for LAI. The efforts paid off and we now have guidance for the International Board of Governors as we move ahead over the next few years. One of the objectives was to identify where LAI needs to be represented so that we can encourage chapter development there. Both members and prospective members have contacted us about a chapter in Atlanta, one of the cities identified in our planning effort. We'll pursue that interest as well as other "target" cities in Dallas, Denver, Calgary/Edmonton and Ireland.

Through the diligence of its president, Ron Buss, and the help of our International Secretary, Ian Lord, the Land Economics Foundation is now on solid footing with a new set of by-laws and a renewed mission to support projects of excellence in the land economics realm. Steve Gragg will lead the Foundation over the next two years assisted by Ron Buss. We look forward to their good efforts.

I am pleased to turn over the reins of LAI to Les Pollock. It's been a pleasure to work with him over the past many years and especially the last two. Having been an essential part of our planning efforts and a member of the leadership for a number of years, I am confident that LAI will be in steady hands.

So, with that, I will take my leave as your president. It's been a distinct privilege to work with so many good people and I am honored to have had the chance to make a contribution to Lambda Alpha.

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

 

Editor’s Column


Helen Sause

For some of us an exciting event occurred before the tours started Friday morning. Okay, so perhaps I am easily excited by things that seem to strengthen the LAI organization! The first ever LAI Orientation for "Incoming Chapter Presidents and Administrators" was held. This started out to be a briefing on the draft Chapter Manual and services that the LAI offices can provide. Fortunately, there was a small attendance but the interest was high and those attending had numerous questions and suggestions that led to a very lively discussion and valuable input. During the next few months, working with Terry Stevenson, we can publicize the good information we developed as well as working through answers to questions.

Hopefully, we can do another session in Phoenix, AZ during the Spring Land Economics Weekend, April 30 - May 4, 2008. So in addition to the meetings required to conduct LAI's business and excellent tours we will offer a Chapter President and Administrator's seminar/discussion. Being new in these positions or not makes NO difference! We can all learn from Terry Stevenson, the officers and each other. Learning of unmet needs or services offered or anything else that makes the job of leading a chapter easier and will strengthen the organization. Reinventing wheels is an activity none of us have time for. So start saving your $$$ and time for the Phoenix meeting. Professionally you will have a great opportunity to learn from the Weekend sessions and your colleagues as well as ways to make your leadership role easier to carry out.

The following issues were discussed in the LAI Presidents and Administrators seminar.

  • The draft Manual was praised for its existence and all the information it includes. Some suggestions offered to make it an even more ready reference for chapters:

    ~ Place in the front of the Manual all the issues pertaining to the LAI organization :
    • a map showing the locations of the Regions and Chapters
    • easy and clear access to information sources such as the web site and its content
    • contact information of current officers, regional and chapter officers and administrators. This information exists but having it in this one easy reference place would be helpful.
    • Send annual updates by email to keep the Manual current.

    ~ The practical "how-to's" need to be first in the Manual, putting Chapter 10, "Board Policy Builder" re- titled as "Chapter Organization Builder" first in the Manual. Include in this part, information that directly pertains to daily operation of the Chapters.
    ~ The other information in the Manual is great and may be more easily accessed by making information likely to be used infrequently as appendices in the Manual.
  • Augmenting or revising the Tri-fold brochure when it is reprinted by offering a concise Policy Statement —maybe in bullet point form—of what LAI is and what is and what it does. Also include current issues the organization is addressing, useful information for members and potential members.
  • Administrators: All but about five chapters now have Administrators. This is a significant step forward in the maintenance of chapter organizational issues. Smoothly accomplishing transitions, this is especially effective if the Administrator's position requires them to devote a specified number of hours to carry out chapter duties rather than relying on the generosity of a member's staff.
  • Record Keeping: This requires good communication between the LAI office and the Chapters. The Chapters are the position to report on membership issues and by doing so in a timely way, dues records etc. are current and accurate. Chapters need to advise the LAI office as to transferring members, updating changes in officers with contact information as quickly as these occur.
    ~ Link the chapter's web sites to the LAI site. If the chapter does not have a website they may want to consider applying for an LAI grant. LAI is vastly improved with better communication.
    ~ Look into how the retired or members no longer active are listed. (We are members forever but those not participating by paying dues need to go into a separate category). It was suggested that the chapter Historian and Administratror can team up on this.
    ~ Establish a Chapter Chat Room for discussion of issues such as these.
  • Calendar: Chapters need to send meeting notices to the LAI office ASAP so that they can be listed in a timely manner.
  • What do chapter presidents do? We need to formulate a check list of Chapter Presidential duties to aid incoming presidents. This checklist would be helpful to include in the manual.
  • Suggested duties for administrators: A link to an example of this is in the October KeyNotes. This may be a useful addition to the Manual.
  • Where does one find a good speaker? Develop a national speaker's bureau listing areas of interest, providing names, contact info and a brief bio of expertise.
  • Organizational Changes? A national chart of current Chapters officers and their terms is needed. The LAI Board may want to work toward term uniformity to ease dues collection, informational seminars and having all officers working on the same schedule.
  • Dues policy and collections would be facilitated by being uniform. This will require the LAI office and chapters working toward instituting a policy.
  • Chapter size: The goal of a 100 membership minimum was stressed as essential to keep a chapter viable. The nominating committees need to be aware of the members retired or inactive in order to maintain a positive membership number.
  • Outreach: In all cases we need to find ways to tell our stories better, LAI members strengthen the professionalism of the real estate economics field and this is a too well kept secret.

These discussion points are a mixture of ideas, suggestions to do, to think about and to work on. Communication is key to all of these issues. Take these in the free flowing spirit of the discussions and add your thoughts/suggestions either to Terry Stevenson, Executive Director or to me.

I am greatly honored to have been elected as LAI scribe for another term (2008 - 2009) and look forward to continued dialogues and building relationships. Deep appreciation for Terry Stevenson, Michele Meng and Kathy Keler who make all this work!

Till next time!

Helen Sause
International Editor
helensause@alamedanet.net

 


Featured Stories

Los Angeles, CA Fall Land Economics Weekend

Letter from the Immediate Past
President

Editor's Column

Chapter Corner

Ely Chapter

George Washington Chapter

Minnesota Chapter

Phoenix Chapter

San Diego Chapter

Vancouver Chapter

Announcements

Administration Matters!

Save the Date!

New Members

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

 

Ely Chapter:

CALL  FOR  PAPERS
 
IN HONOR OF THE BURNHAM PLAN CENTENNIAL
 
The Deadline Has Been Extended to December 3

While we have had a great response to the Ely Chapter Call for Papers in honor of the Burnham Chicago Plan Centennial, we have decided to expand our participants and the field of topics to be presented. We ask all Lambda Alpha International (LAI) practitioners and academics to join in this historic publishing effort which will result in a coffee-table quality book highlighting LAI members. It could be a special 2009 client holiday gift highlighting your own published work or that of other LAI members.

Is there a topic related to urban development or large scale regional planning about which you are so passionate that you could write 2,500 words to advocate your perspective? We want to hear from you! The submission of perspective essays, case studies, practical reports and academic treatises are all encouraged and will provide a broad foundation upon which to consider the planning and social issues of our time, much as Burnham reflected on the same and similar issues in the past which are embodied in his historic plan.

No topic is too esoteric, complex or inconsequential if it serves to incite discussion of the forces and drivers that confront our existing and future responses to our physical and civic environment and the resources upon which we draw. So we need to learn from the past to plan for sustainability for our future.

The deadline has been extended to Monday, December 3 for the submission of a 100+ word abstract to describe the framework of your essay (for example, this paragraph is already 65 words!). Authors of selected abstracts will be notified in early 2008 and final papers are due June 20, 2008. Selected authors will be invited to speak at the 2009 Chicago Fall Land Economics Weekend and present their papers.

Potential topics:

• Zoning Controls and District-Based Planning
• Historic Preservation
• Urban Sprawl vs. Infill Development
• Urban Agriculture
• Brownfields Redevelopment
• Regional Planning for Water Resources
• Greening of Infrastructure
• Planning for Transit and Highways
• Eminent Domain
• Affordable Housing
• Promoting Civic Responsibility through Physical Planning

Please see attachment for additional submission details.
 
For further information, please email Call for Papers Committee Chair, Jack Swenson at jswenson@camiros.com.

George Washington Chapter:

The chapter's festive annual induction ceremony was attended by approximately 200 people and held at Decatur House, the historic mansion belonging to War of 1812 Admiral Stephen Decatur. The house is located on Jackson Square which fronts the White House.

At the ceremony, the chapter gave its distinguished service award to William S. Harps, admired for his seven decades of leadership in appraisal, academia and civic affairs and revered for his almost encyclopedic knowledge of real estate economics and property in Washington, DC.

The chapter followed the induction event with its regular November luncheon featuring guest speaker David McDonough, the Director of Development for Johns Hopkins University Real Estate. He provided a brief review of world class research campuses in Asia and the U.S., as well as Johns Hopkins' prospective Belward Research Campus and the existing Shady Grove Life Sciences Center in Montgomery County, MD.

The thrust of McDonough's presentation was that the United States is lagging behind world class technology/life science initiatives in Asia and that bold investment and land use planning are needed to stay competitive. He noted how India, as one example, decided as a national policy to increase its knowledge output circa 1991 and now has 360,000 highly trained IT university graduates per year versus 60,000 in the U.S. He also briefed attendees on how Singapore and China have created immense, concentrated applied science campuses over the past decade.

The Baltimore-Washington-Northern Virginia applied sciences complex is third in the US to the State of California and Commonwealth of Massachusetts. Johns Hopkins, Maryland's largest employer, with 46,000 people, is seeking to keep pace with global rivals by creating a new, high density, mixed use applied research campus served by transit and emphasizing academic and corporate collaboration in suburban Washington. The vision in this initiative, he suggested, must be matched by sophisticated political leadership at the national, state and local levels. The challenge is finding such leadership.

Rosalyn Doggett, George Washington Chapter Scribe


Minnesota Chapter:

We are looking forward to our next chapter meeting where we will have Tom Gillaspy, the state's demographer address us on: Predicting the Future—Demographics and the Real Estate Market. His comments will provide insights to what the real estate market will look like when we come out of the current downturn, Demographic trends in household type, migration and immigration, and workforce may substantially alter the landscape of Minnesota and its real estate market. Mr. Gillaspy will explore some of the big demographic trends as they affect the real estate market 5 to 10 years out. He has served as the Minnesota State Demographer since 1979. During that time, he has been involved with a wide-ranging set of issues, applying an understanding of demographic trends in such areas as the state's economy, health care for an aging population, education, higher education, welfare reform, rural population change, labor shortages, immigration, housing, government spending, and the aging state workforce.

A review of the 2007 Meetings:

January: Creating a Safe Zone: Protecting Your Real Estate Investment
Minneapolis Police Chief Tim Dolan, Deputy Chief Rob Allen and Jim Bender, Property Manager for Brookfield Properties. Public safety issues can have a tremendously negative impact on real estate. Hear from experts on how creating a "safe zone" can be one solution. SafeZone ties a closed circuit video camera system with an infrastructure that allows businesses to share crime reduction and intelligence information through a radio system, website and regular meetings. We'll discuss the public-private partnerships necessary to design, implement and operate new safety options.

March: New Digs for the Gophers: Development of the University Stadium
Brian Swanson was drafted out of the University of Minnesota's Office of Budget and Finance to coordinate the development of the new TCF Bank Football Stadium project. An industrial engineer and urban planner by training, Swanson holds the project checkbook and serves as the Owner's representative to the project team. Swanson is a graduate of both the University of Minnesota Duluth and the University of Minnesota Twin Cities.

May: 150 Years of the Crabgrass Frontier
David Lanegran will address the devlopment of the Twin Cities. He commented on the development of th edges of Minneapolis and Saint Paul which have always attracted people wanting both an urbane, sophisticated lifestyle and the safety and beauty of the countryside. He also tracee the development of Twin City suburbs and the factors responsible for creating suburbia as we know it today.

July: How the Riverfront was Won
Minneapolis's Mississippi riverfront —the economic birthplace of the city and an important influence on the development of the entire Upper Midwest —has fallen to being an under-utilized backyard of the city's downtown for almost a half a century. In the 1970s, a partnership of governmental entities began a long-term coordinated redevelopment effort to bring the Minneapolis riverfront back to life, resulting in one of the Upper Midwest's most successful urban transformations. Ann Calvert, a City of Minneapolis employee and LAI member, has been lucky enough to be involved with this riverfront revitalization process for most of the three decades since it started. Ms. Calvert summarized the effort's goals and its accomplishments to date and answered questions about this exciting journey to make the riverfront once again vital.

9/19/07 A Dramatic Real Estate Deal: The Guthrie Theater
The behind-the-scenes story about the development of the new Guthrie Theater, a $150 million three-stage theater complex on the Minneapolis riverfront. was presented. The unique meeting included having lunch and presentation in a rehearsal room at the Guthrie. The speaker, Michael Gross, Senior Vice President of Design and Construction and Keewaydin Real Estate Advisors, is a member of Lambda Alpha. As the project manager for the Guthrie project, Michael was responsible for getting it completed on budget and on schedule in early 2006.

Membership Trends: We continue to have a fairly balanced membership among private real estate professionals and public officials however I would like to explore increasing our academic members.

Notable Chapter Achievements:

  • Retained Membership at 83 Members
  • Strengthened Roundtable Attendance from 15 to 30+
  • New Chapter Website with ability to take electronic reservations for upcoming chapter roundtables has greatly increased our communications and ability to respond to reservation requests.

I appreciate the introduction of the "member pages" on the International website. This is a feature of which I hope our Chapter can take advantage.

Jay Lindgren, Minnesota Chapter President

 

Phoenix Chapter:


Attendees at the Emerging Trends Event

Once again our Emerging Trends in Real Estate event, held on November 16th, was a huge success! Our sponsors included Cushman & Wakefield, IMH Real Estate Financiers, Arizona Commercial Real Estate Magazine, and PricewaterhouseCoopers—THANK YOU. Thanks are also in order to our speakers, Steve Laposa, Phd., Director of the Global Strategic Real Estate Research Group, PricewaterhouseCoopers, and Tom Johnston, Senior Managing Director, Cushman & Wakefield of Arizona who provided the attendees with national and local perspectives. If you would like to download a copy of our speaker's presentation, please go to our website at http://www.lai-phx.org/. Proceeds from the event will be designated to the scholarship fund.


Steven Gragg, President, LAI Phoenix Chapter

Tom Johnston,
Cushman & Wakefield


Steve Laposa,
PricewaterhouseCoopers


Save these dates for upcoming LAI Phoenix Chapter Events:

November 28th —Holiday Party and New Member Induction Ceremony—Valley Ho (reception on the rooftop— you won't want to miss this!). Invited nominees include:

Eric Anderson
John Bradley
Ken Brooks
Ken Day
Dan Domogala
Al Evanson
Carter Froehlich
Suzanne Gammage
Jamie Hogue
Richard Hubbard
Paul Johnson
Michael Johnson
Heidi Kimball
Scott Lyon
Mike Martin
Jordan Rose
Anthony Sanders

April 30, 2008 is the date of the LAISA Golf Tournament to benefit the LAISA Chapter. For more information contact Julie Jacobs, 2008 LAISA Chapter President.

May 1-3, 2008 SAVE THE DATE! The LAI Land Economics Weekend will be held in Scottsdale, AZ. We will be host to 100+ international members. I will be contacting many of you to assist our planning committee with sponsorship opportunities and in scheduling the many tours and learning sessions. The Valley Ho in Scottsdale 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

It has been my pleasure to serve you in 2007 and I look forward to a fun and educational 2008!

Steven Gragg, Phoenix Chapter President

 

San Diego Chapter

Luncheon Meeting Notice

DATE: Tuesday, December 4, 2007

PLACE: Westin Horton Plaza (910 Broadway Circle, Downtown)

TIME: 12:00 - 1:30 pm Luncheon

SPEAKERS: San Diego City Council Members Scott Peters, Toni Atkins, Brian Mainschein and Jim Madaffer

2008 and Future of SD City Council
• Reflections on Their Time in Office
• Heading to the Finish Line - Projects to Complete
• Advice to Future Councilmembers

RSVP for you & guests to LAISD@sbcglobal.net or call (619) 225-8156 by Thurs, Nov 29th

RETIRED MEMBER and GUEST LUNCH COST $35 mailed in advance or $40 phone
RSVPs/pay at the door (Mail check payable to LAI San Diego to -1907 Capistrano St, San Diego, CA 92106)

Save These Dates

• January 9th - Chargers Stadium Update - Mark Fabiani
• February 5th (Tent) - LAI San Diego 30th Anniversary, Crystal Globe Award & Installation of Class of 2008 and New Officers

 

Vancouver Chapter:

The Vancouver Mayor, Sam Sullivan, will be the guest speaker for the November 28th dinner event. Here are several items that are priorities on his agenda and will be addressed that evening:

1. The 2010 Winter Olympics: Mayor Sullivan was the first physically disabled mayor to ever accept a Paralympics flag when he did so in the Closing Ceremony of the 2008 Torino Games. In being the mayor of an Olympic and Paralympics host city, Mayor Sullivan is sending the message that people with a can play an important and crucial role in their community. The Mayor will discuss the long term value to Vancouver in hosting the 2010 Olympic and Paralympics Winter Games.

Vancouver Mayor, Sam Sullivan

2. EcoDensity: EcoDensity is an initiative aimed at protecting the local and global ecology and reducing the City's ecological footprint through high quality densification. By increasing density throughout the city, there will be a reduced requirement for people to make unnecessary car trips, hence reducing carbon emissions. EcoDensity also aims to increase housing affordability and to make cities more competitive by making them less reliant on fossil fuels.

3. Project Civil City: Civil City is a broad initiative aimed at improving public order and civility on Vancouver streets which includes four key goals to significantly reduce homelessness and incidences of crime and public disorder in the City by 2010.

Don Vaughan, Vancouver Chapter Secretary

 


Announcements

Administration Matters!

Hiring a Chapter Administrator?

A Sample Agreement is offered for your consideration.

Save the Date ! ! !

Phoenix, AZ, Spring Land Economics Weekend
April 30 - May 4, 2008
Hotel Valley Ho
6850 East Main Street
Scottsdale, AZ 85251
www.HotelValleyHo.com
Reservations
Rates: *$199.00 + taxes Single/Double
480-248-2000
Registration Form and Agenda coming soon!
 
Toronto, CA Fall Land Economics Weekend
October 24 - 26, 2008
More details coming soon!

New Members

London Chapter
Terry Cole, Terry Cole Associates Limited
Mark Long, Invista Real Estate Investment Management
Garry Reynolds, IDM Group
Andrew Smith, Goodman Property Investors
Jon Tollit, ARB, MCSD, FRSA, Gensler

Philadelphia Chapter
Joseph Dintino, Board of Relisim of Taxes
John J. Fiorillo, Allman and Company Inc.
Gary A. Krimstock, Fineman Krekstein & Harris, P.C.
Sam Sherman, New Urban Ventures, LLC


 


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

 

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