GSD Course Bulletin - Spring 2012
This term's information was last refreshed on 12 MAY 2015 14:53:34.
Courses taught by Richard Peiser
05212: Field Studies in Real Estate, Planning & Urban Design: Redevelopment of the Port of Mumbai; Development of Village Center for Jacks Point in New Zealand (SES 0521200)
Urban Planning and Design
Lecture - 4 credits
Tuesday 3:00 - 6:00 Gund 318
The Field Study course is intended to provide students an understanding of the dynamics and complexities of reality that create contemporary urban physical environments. The course emphasizes the integration of design and development aspects of projects that respond to realistic market demand, political, financial and other regulatory constraints. It is designed for real estate professionals, architects, urban/landscape designers and planners, to broaden their understanding of urban development issues and complicated problems, as well as to improve the applicability of their skills in either design or financial analysis in the context of urban developments.
This year's sites are:
- Mumbai Port Redevelopment - Mumbai’s historic port in the heart of Mumbai is the subject of this year’s REAI joint studio/field study. The main port has moved across the bay, opening up redevelopment of the 1400 acre area occupied by the historic port. Students will select sites within the port area that are of interest to them for redevelopment. Students will participate in Rahul Mehrotra’s studio which meets Tuesdays and Thursdays 2:00-6:00, and are eligible for an additional 4 units credit through independent study if they wish to fully take part in the studio. The Mumbai Field Study/Studio is a joint studio supported by the REAI with students from HBS, KSG, LAW, and GSD. All but the studio students will travel together in January. (note, Students must have a copy of their birth certificate to get a visa to India.)
- Resort Village Center in New Zealand - This field study will focus on the planning, design, and development of a village center for the new resort at Jacks Point near Queenstown. Queenstown is the major tourist city on the South Island and the closest to several of the most famous national parks. Jacks Point is home to one of the top golf courses in the country. The village center will serve as a magnet for tourists and for people living Jacks Point. It will include retail, entertainment, resort, residential, office, and government uses as well as open space and recreation uses. With breathtaking views of the mountains, the foothills, and Lake Wakatipu, the students will confront the problem of creating a new village center from scratch. Drawing on precedent studies of resorts around the world, students will address the full range of issues in new community development including site constraints, market feasibility, political feasibility, master planning, urban design, and financial feasibility. The owner/developer of Jacks Point is the sponsor of the field study and will be involved both in New Zealand and at Harvard in the progress of the class. The students’ visions and studies will inform the ultimate development of the village center.
Students will work in teams undertaking the field study projects sponsored this year by the Real Estate Academic Initiative for Mumbai and by alumni sponsors of New Zealand. Under the guidance of the professors, students will act as professional consultants to provide vision and solutions to the projects. Students will visit the sites during the January term. During the semester, investigations will include development feasibility studies (market, physical, environmental, and political), site planning, urban design, financing analysis, public/private joint-venture structures and other critical factors affecting the planning, design and development of the two projects.
05303: Advanced Real Estate Development and Finance (SES 0530300)
Urban Planning and Design
Lecture - 4 credits
Monday 2:00 - 5:00 Gund 109
Guest instructors: Frank Apeseche, Glenn Mueller, Richard Georgi and Jack Rodman
This course builds on GSD 5204 and comparable introductory real estate courses offered by other schools at Harvard. This year's course covers four main topics: (1) advanced financial analysis and deal structuring for land and building development, (2) Debt and equity capital - how to structure a capital proposal and where to go for different types of equity; raising money from private equity and other sources (3) REITS, public real estate markets, and market cycles; (4) international fund investment; and (5) Buying distressed debt and non-performing loans with emphasis on Asian and European capital markets.
The objective of the course is to give students in-depth financial analytical skills for the dominant forms of real estate financing, fund management, and development. Using case studies and lectures, the course focuses on advanced real estate finance topics for all major real estate product-types including apartments, office, retail, industrial, single-family, and land development. The course also emphasizes financial structuring and key decision-making for all phases of the development process including site selection, due diligence, design, financing, construction, leasing, operations, and sales, as well as institutional fund raising, securitization, public markets, and fund management.
The course will be team-taught by five faculty, coordinated by Professor Richard Peiser. Each faculty member is a specialist in the area he is covering in the class. Their course topics and descriptions of content may be found in the syllabus.
09116: Advanced Research Seminar: Cultural Tourism and Creating a living community at Al-Turaif, Saudi Arabia World Heritage Site (ADV 0911600)
Urban Planning and Design
Seminar - 4 credits - Limited enrollment
Tuesday 1:00 - 4:00 Gund 318
Al-Turaif is part of the historic oasis of Al Dir’iya located on the banks of Wadi Hanifa next to Riyahd. It is the original home of the Saudi royal family and is one of the first World Heritage Sites in the Middle East. The Riyadh Development Authority under the Chairmanship of His Royal Highness Prince Salman Bin Abdul Aziz, Amir of Riyadh, is sponsoring a two-term research lab on Al-Turaif. The Research Lab has two main goals: to produce designs and implementation strategies to bring the world heritage village back to life – to make it a living community; and to produce a design and development strategy for creating a tourism/resort community around Al-Turaif. The Spring term will begin with precedent studies for successful activation of world heritage sites and associated tourism facilities and strategies. Students will make a site visit to Saudi Arabia during Spring Break (March 10-16) where they will meet with representatives of the Arriyadh Development Authority, the Saudi Commission for Tourism and Antiquities, planning agencies, city officials, real estate professionals, and other valuable contacts. Students working individually or in teams of two will develop design and implementation strategies for that part of the assignment that is of greatest interest to them.
MDES students are encouraged to apply as well as students from Architecture, Urban Planning and Design, and Landscape Architecture. Students with a variety of expertise are sought including urban design, architecture, economics, historic preservation, landscape architecture, desert tourism, ecology, and real estate.
09201: Independent Study by Candidates for Master's Degrees (ADV 0920100)
Independent Study - 4 credits
Iñaki Abalos, Pierre Bélanger, Eve Blau, Neil Brenner, Joan Busquets, Felipe Correa, Daniel D'Oca, Gareth Doherty, Andreas Georgoulias, Jose Gomez-Ibanez, Andrea Hansen, K. Michael Hays, Michael Hooper, Eric Howeler, Timothy Hyde, Niall Kirkwood, Sanford Kwinter, David Mah, Panagiotis Michalatos, Mark Mulligan, Ciro Najle, Ken Tadashi Oshima, Richard Peiser, Chris Reed, Ingeborg Rocker, Peter Rowe, A. Hashim Sarkis, Allen Sayegh, Jeffrey Schnapp, James Stockard, Maryann Thompson, Charles Waldheim, Bing Wang, Krzysztof Wodiczko, Peter Del Tredici, Martin Bechthold
Students may take a maximum of 8 credit units with different instructors in this course series.Prerequisites: Graduate standing. Candidates may arrange individual work focusing on subjects or issues that are of interest to them but are not available through regularly offered course work. Students must submit an independent study petition and secure approval of their advisor and of the faculty member sponsoring the study.
09304: Independent Thesis for the Degree Master in Design Studies (ADV 0930400)
Research Seminar - 8 credits
Martin Bechthold, Pierre Bélanger, Eve Blau, Neil Brenner, Andreas Georgoulias, K. Michael Hays, Timothy Hyde, Joyce Klein-Rosenthal, Sanford Kwinter, Rahul Mehrotra, Kiel Moe, Mohsen Mostafavi, Richard Peiser, Christoph Reinhart, Peter Rowe, Allen Sayegh, Panagiotis Michalatos
A student who selects this independent thesis for the degree Master in Design Studies pursues independent research of relevance to the selected course of study within the Master in Design Studies program, under the direction of a GSD faculty member. This option precludes taking any other independent study.
09504: Thesis in Satisfaction of the Degree Doctor of Design (ADV 0950400)
Independent Study - 16 credits
Under guidance of a faculty committee, the student conducts investigations and prepares a doctoral thesis.