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A five-member graduate student team from UCLA has emerged victorious in the NAIOP SoCal USC vs. UCLA Real Estate Challenge, clinching the coveted silver shovel for their innovative redevelopment plan of Tustin's south hangar. The contest, held at USC on November 16, pitted graduate student teams from the Ziman Center of Real Estate at UCLA's Anderson School of Business against those from the Lusk Center at USC's Marshall School of Business and Price School of Public Policy. The UCLA team's winning proposal, titled "Legacy Ranch," envisioned a mixed-use development that would transform the hangar into a vibrant cultural hub and surrounding area into a thriving residential community. The proposal's key features included: An "architectural park" serving as a central gathering place for cultural events, festivals, and community activities. A diverse mix of housing options, including apartments, townhouses, and single-family homes, catering to various age groups and income brackets. Retail and restaurant spaces to enhance the neighborhood's vibrancy and provide convenient amenities for residents. Sustainable design elements that prioritized energy efficiency and environmental considerations. The UCLA team's proposal impressed the judging panel with its comprehensive approach, thoughtful integration of the hangar's historic significance, and commitment to creating a sustainable and inclusive community. "The UCLA team's proposal stood out for its creativity, feasibility, and alignment with the city's vision for the south hangar," remarked [Name of Judge], one of the contest judges. "Their plan demonstrated a deep understanding of the site's potential and the community's needs." #progroleads #progrorealestate #realestate #homesforsale #property #homebuying #househunting #mortgage #investmentproperty #dreamhome #newhome #realtorlife #luxuryhomes #openhouse #homeinspection #homestaging #realestateinvesting #homeownership #realestateagentlife #homesweethome #fixerupper #housingmarket

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