Student Team Finishes Third in Statewide Competition

April 23, 2012—A team of UT Arlington graduate students came away with a third-place finish at the “2012 Texas Shoot-Out”, a competition sponsored by the North Texas chapter of NAIOP, the association for commercial real estate development. The UTA team tied for third place with Texas A&M, beating teams from Rice University, Baylor University, Southern Methodist University, Texas Christian University, University of North Texas, and The University of Texas at Dallas. Teams from Texas Tech University and The University of Texas at Austin took first and second places, respectively.
 
The annual competition challenges student teams from universities across Texas to submit revitalization and development plans based involving a local real estate-oriented issue. This year, the Texas Shoot-Out case highlighted the site of the former Reunion Arena in downtown Dallas. A panel of judges graded the plans based on how effectively each team evaluated and resolved the case’s development issues including assessment of community needs, economic base, functional design, aesthetics, risk mitigation and financial analysis.
 
The UT Arlington team consisted of four students in the Master of Science in Real Estate program and one student in the Master of Science in Interdisciplinary Studies-Sustainability program. Coy Blevins, Alex Blue, Aldo Fritz, Ryan Reeh, and TJ Smith proposed the development of a downtown entertainment district at the site of the old Reunion Arena to spur economic revitalization and to act as a gateway between downtown and the Trinity River corridor.
 
“This competition is an ideal opportunity for our students to apply the knowledge they’ve gained in the classroom to an actual redevelopment challenge in the North Texas region,” says Fred Forgey, Executive Director of Graduate Real Estate Programs. “Our team’s performance reflects how well our programs are preparing students to solve real-world issues.”
 
The Master of Science in Real Estate and the Master of Science in Interdisciplinary Studies-Sustainability are both 36-hour cohort-based programs designed for working professionals and offered at UT Arlington’s Fort Worth Center.