GSD Course Bulletin - Spring 2013

This term's information was last refreshed on 12 MAY 2015 14:54:38.

Courses taught by John Macomber

07309 [M3]: Sustainable Cities: Urbanization, Infrastructure, and Finance (PRO 0730900)

Urban Planning and Design
Lecture - 2 credits - Limited enrollment
This course is a module. It lasts the first half of the semester only.
This course has an IRREGULAR meeting schedule. Please see full course description.

Instructor(s)
John Macomber

Course Description

Jointly Listed at Harvard Business School as HBS 1485
This course is about creating value in sustainable cities. Around the globe, the migration of hundreds of millions of people from countryside to cities will be a major force shaping societies and businesses for decades to come. At the same time, important resources like energy, clean water, clean air, and land are becoming increasingly scarce and costly. Governments have decreasing capability to directly fund infrastructure and urban development. Private sector entrepreneurs – and designers – must respond. The confluence of these three trends means extensive opportunity for private sector investment. Both US and non-US situations are studied.

Career Focus and Educational Objectives

This course will benefit students who intend to be managers, capital providers, or advisors to organizations which look ahead to compete in a context of urbanization and resource scarcity. There is particular emphasis on financial tools and design practices relating directly or indirectly to the built environment (urban areas, buildings within them, and large systems like energy, ground transportation, and water).

Course Content and Organization

The course is organized into several modules. The modules are intended to share the context of the issues, advance a number of models, and share best practices.

Context
: Demand, demographics, shortages of supply, funding problems. The political leverage of cities (as compared to federal governments).

Skills
:



Strategies
:


General Notes:

Schedule. This course has an irregular schedule: Tuesday January 29 then most Wednesdays, Thursdays, Fridays on HBS calendar, 1:20 - 2:40 pm, ending on March 7, 2011. Please refer to the Y schedule: http://www.hbs.edu/mba/registrar/Documents/ec12-13.pdf
The course meets in Harvard Business School Aldrich Hall 208

Registration and Grading. GSD students should register for this course as GSD 7309. The course GSD 7409, "Real Estate Development, Design, and Construction" continues in the same time block through the end of April. Together the two courses constitute a full 4 credits. This course is taught by the HBS Case Study method. Grading is by a combination of class participation and a final exam following the GSD scale. Students registered into GSD 7309M3 receive a GSD format grade, not an HBS grade.

Prerequisites. This is primarily a finance course, with significant aspects of urban planning and design woven in. Students must have successfully completed:
HBS Finance 1 and Finance 2 or equivalent OR
GSD 05204, “Real Estate Finance and Development” OR GSD 07411, “Design and Development” OR GSD 05492 “Real Estate Finance and Development Fundamentals”
OR equivalent content including discounted cash flow analysis (with written permission of instructor).
 
 
 


GSD iCommons Website


07409 [M4]: Real Estate Development, Design, and Construction (PRO 0740900)

Architecture
Lecture - 2 credits - Limited enrollment
This course is a module. It lasts the second half of the semester only.
This course has an IRREGULAR meeting schedule. Please see full course description.

Instructor(s)
John Macomber, Christopher Gordon, Eugene Kohn

Course Description

This course is a module. It lasts the second half of the semester only.
Jointly Listed at Harvard Business School as HBS 1465

This course has an irregular schedule: Most Wednesdays, Thursdays, Fridays on HBS calendar, 1:30 - 2:50 pm, starting Wednesday March 13th and ending Friday, April 26th. Please refer to the Y schedule (will be the right column, Term 4): https://inside.hbs.edu/Departments/mba/academics/Documents/ec12-13.pdf
Harvard Business School Aldrich Hall 208

General Notes:

GSD students should register for this course as GSD 7409.The course GSD 7309, "Sustainable Cities: Urbanization, Infrastructure, and Finance" runs in the same time block in the first half of the semester. Together the two courses constitute a full 4 credits. Enrollment limited to 30 GSD students. This course is taught by the HBS Case Study method. Grading is by a combination of class participation and a team project. Students registered into GSD 7309M4 receive a GSD format grade, not an HBS grade. This is primarily a finance course, with significant aspects of architecture and urban design woven in.

Career Focus:
This course focuses on students who expect to be leaders in the global real estate industry and its related specialties. In the near term, these students will lead in the built environment as project managers in real estate development, real estate investing, private equity in real estate, architecture, urban planning, construction, or other fields emphasizing project management.

Educational Objectives:
The educational objectives of this course are to introduce students to the basic tools and concepts needed to be thoughtful users of design, and effective project managers and leaders in the built environment. The analytical tools address a set of management skills that grow from the project level to the firm level to regional and industry levels.

Jointly-listed between Harvard Business School and Harvard Design School, this course is intended to serve an audience comprised of students from both schools, using faculty and concepts drawn from both schools and combining issues in finance, architecture, project materials and methods, and planning.

Course Content and Organization:
The course is organized into four modules which follow the chronology of development, design, and construction.
1. Introduction to Real Estate Development: Creating in the Built Environment
2. From Concept to Reality: Vision, Design, and Site Assembly
3. Balancing Revenue, Cost, and Design: Proformas and Blueprints
4. Construction and Project Management Toolkit: Bidding, Contracts, Cost Reports, Scheduling
Classes and assignments include case study discussions, simulation exercises, group and individual short projects, polls, and a multi-phase final project delivered in groups and drawing on all the tools of the course.
This course is distinct from the "Real Property" and "Real Estate in Emerging Markets" courses at HBS since this curriculum focuses primarily on the conception, creation, and delivery of projects, with less emphasis on capital markets and the management of cash flowing real assets. It is a good project specific complement to "Sustainable Cities: Urbanization, Infrastructure and Finance" at HBS. This course is distinct from other professional practice courses at the Harvard Design School due to its extensive combination of design, project delivery, and real estate economics, as well as its use of the HBS Case Study pedagogy.
 


GSD iCommons Website


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