MIT SCHOOL OF ARCHITECTURE AND PLANNING

REAL ESTATE DEVELOPMENT: PLANNING AND PROCESS

Strategically navigate the processes and policy that govern real estate development

Duration

6 weeks, excluding
orientation

Effort

7–10 hours per week,
self-paced learning online

Learning Format

Weekly modules,
flexible learning

ON COMPLETION OF THIS PROGRAM, YOU’LL WALK AWAY WITH:

1

An in-depth overview of the complex relationship between the public and private sectors in real estate development and planning.

2

An enhanced understanding of how the state regulates and administers land use to facilitate and control private real estate development.

3

Valuable insight into the pros and cons of public-private partnerships in the real estate development context.

4

The ability to effectively analyze how public and private interests intersect to create new real estate development opportunities that drive the transformation of cities.

THIS COURSE IS FOR YOU IF:

  • You’re interested in the impact of shared vision-building in the real estate development space

  • You want to develop the knowledge and skills to innovate and transform within the standard zoning regimen

  • You’re seeking to build the confidence to approach regulators with new ideas and opportunities

COURSE CURRICULUM

Over the duration of this online program, you’ll work through the following modules:

MODULE 1
Visions of the City — Public Planning and Private Development

Discover how various public stakeholders view and plan the city, and how these different plans impact real estate development and city-making.

MODULE 2
Zoning Fundamentals and the Development Process

Learn how the state acts to shape its cities using a zoning framework to regulate land use and development.

MODULE 3
Discretionary Zoning and Development Review Process

Discover how public, private, and community stakeholders negotiate through the discretionary zoning process to obtain public and project-based benefits.

MODULE 4
Public Benefits and Real Estate Value Capture

Explore the complex interactions and trade-offs between public, private, and community stakeholders in the development process.

MODULE 5
The Role of the State in Making Cities

Explore the powers and tools available to the public sector in making cities and the emergence of public-private partnerships.

MODULE 6
Public-Private Partnerships — Entrepreneurship and Innovation

Understand how public and private interests intersect to create new opportunities in real estate development and the transformation of cities.

Please note that module titles and their contents are subject to change during course development.

FACULTY DIRECTOR

Kairos Shen

Executive Director and Associate Professor, MIT Center for Real Estate

Shen oversees the Master of Science in Real Estate Development program as well as the Center for Real Estate’s industry relations and partnerships. In addition to his administrative role, Shen also teaches. He is a proponent for the CRE’s interdisciplinary curriculum of “city making” that draws on knowledge, research, and practice across the fields of design, city planning, public policy, finance, and real estate. The pedagogical objective of his in-person curriculum is to prepare students for solving the most pressing and complex urban challenges such as social equity, housing affordability, climate resiliency, and rebuilding decaying infrastructure.

AN ONLINE EDUCATION THAT SETS YOU APART

This MIT SA+P online program is delivered in collaboration with online education provider GetSmarter. Join a growing community of global professionals, and benefit from the opportunity to:

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Gain verifiable and relevant competencies and earn invaluable recognition from an international selection of universities and institutions, entirely online and in your own time

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Enjoy a personalized, people-mediated online learning experience created to make you feel supported at every step

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Experience a flexible but structured approach to online education as you plan your learning around your life to meet weekly milestones

GET MORE INFORMATION

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Enter your information below to learn more about the MIT SA+P Real Estate Development: Planning and Process online short course, including receiving the course brochure, from GetSmarter.

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