DontGetBurnedChicago.com

DUSP, CRE, and STL Lab award $1.1 million in second round of faculty research funding

The Samuel Tak Lee MIT Real Estate Entrepreneurship Lab (STL Lab), in conjunction with the Center for Real Estate (CRE) as well as the Department of Urban research and thinking (DUSP), has announced its second round of faculty study funds, awarding $1.1 million to nine MIT scientists and their teams.

Named after alumnus and global real estate developer Samuel Tak Lee ’62, SM ’64, the STL Lab promotes social responsibility among business owners and believed frontrunners into the real estate profession internationally, having specific concentrate on Asia.

The STL Lab’s faculty study grants help inventive tasks that advance the comprehension of possibilities and challenges in real estate development and entrepreneurship. In 2010, jobs obtained funds for research in China, Colombia, Malaysia, Mongolia, and Pakistan, and within several nations.

The laboratory awarded two degrees of grants: seed funds between $20,000 and $50,000 to initiate a study project, and help for approximately $150,000 for new tasks of bigger scope. Proposals provided when it comes to grant feature cutting-edge research in:

  • innovation rooms;
  • property taxes and land takings;
  • gated communities and metropolitan village redevelopment;
  • technologies in addition to built environment;
  • innovative design, real estate, and huge data; 

  • inexpensive housing; and 

  • evaluation types of socially responsible property practices.

Funding had been granted to tasks undertaken by junior and senior MIT professors and analysis researchers. The funded projects are:

Asia

Real-estate for Entrepreneurship. Principal detectives: Dennis Frenchman, Class of 1922 Professor of Urban research and Planning into the division of Urban Studies and thinking and MIT Center for Real Estate; and Andrea Chegut, research scientist in the MIT Center for Real Estate.

A Recommended Evaluation Approach To China’s Socially Responsible Real Estate Development. Principal Investigators: Yu-Hung Hong, founding director of this STL Lab inside MIT division of Urban Studies and thinking and Center the real deal home; and Lanchun Bian, professor at Tsinghua University School of Architecture in China.

The End of Gated Communities in Asia? Implications for Renewable Urban Village Redevelopment. Major detectives: Brent D. Ryan, connect professor of urban design and community policy and mind of this City Design and developing Group into the MIT division of Urban Studies and Planning; and Lawrence Vale, Ford Professor of Urban Design and preparing in the MIT Department of Urban Studies and preparing.

Urban-Scale personal Responsibility in China: Behavioral Perspectives in property and transport. Principal Investigator: Jinhua Zhao, Edward H. and Joyce Linde Assistant Professor of City and transport Planning in the MIT division of Urban Studies and preparing.

Colombia

Drivers of Infrastructure venture Outcomes: Governance and Institutional components of Transportation Sector works in Bogota, Colombia. Principal detectives: Donald Lessard, Epoch Foundation Professor of International Management, Emeritus in the MIT Sloan School of control; and Gabriella Carolini, Ford profession Development Assistant Professor in the Global Development Group within the MIT Department of Urban Studies and preparing.

Malaysia

Estimating the personal and Environmental effects of Large-Scale property developing. Principal Investigator: Lawrence Susskind, Ford Professor of Urban and Environmental preparing, director regarding the MIT Science Impact Collaborative, and mind of ecological Policy and Planning Group within the MIT division of Urban Studies and Planning.

Mongolia

Disjuncture and strength: A Holistic way of real-estate Development in Ulannbaatar, Mongolia. Main Investigator: Manduhai Buyandelger, the course of 1956 Career Development connect Professor of Anthropology into the MIT division of Anthropology.

Pakistan

Rebuilding the Social lightweight: Urban Service shipping and Property Taxes in Pakistan. Principal Investigator: Benjamin Olken, teacher of economics when you look at the MIT division of Economics.

Numerous nations

Residential property in Land, Takings, and Fair Compensation: A Comparative Analysis. Main Investigator: Balakrishnan Rajagopal, connect teacher of legislation and development inside MIT division of Urban Studies and preparing.