THE FUTURE IS DEVELOPING
This statement represents our commitment to the future of the real estate development industry and our students’ and alumni’s role in that industry.
Clemson's MRED program focuses on the “master builder” concept, the methodology that promotes an entire vision for a community through sustainable design, creative financing methods, place making and healthy communities.
We want our students to become great place makers—not just builders of projects.
The Clemson MRED program closely follows the principles of the Urban Land Institute, which believes that development is a public-private partnership and that quality development requires integrating the perspectives of community, environment and economics.
The MRED program emphasizes best practices from the development, design and environmental communities. We want each student to become a visionary who serves as a craftsperson and designer of neighborhoods and community development, one who recognizes the role of the developer in guiding the different aspects of creating the built environment — political, economic, physical, environmental, legal and sociological parameters.
MRED classes focus on the financial pro forma and the bottom line. Real estate is a capital-driven industry, and developers must have a firm understanding of the workings of the capital markets, financial instruments and other financial parameters of valuation, including tax implications. Gap-financing tools and techniques for public-private partnerships, including various tax credit and incentive programs, are thoroughly analyzed. Quality design and sustainability must be incorporated with realistic market and financial feasibility analysis to attract adequate sources of equity and debt financing.
We believe knowledge cannot be bound by a classroom or individual areas of concentration. Our students use current development projects in the surrounding Southeastern states as a living, breathing classroom for the ultimate in immersion learning experience.
