Berkeley MBAs Bury the GSB in Golden Shovel Competition
It seems the Golden Shovel has grown mighty comfortable at Berkeley-Haas. The prized trophy from the NAIOP Real Estate Challenge will reside at Haas for the fourth consecutive year, after a Berkeley MBA team defeated Stanford GSB in the annual regional challenge on May 4. Evening and weekend student Charlie McEachron, MBA 12, full-time MBA 12s Dan Byrnes, Tyler Kepler, and Derek Simmons, and Environmental Design student Michael Song teamed up to win both first place and the audience choice award.
The team’s “Livermore On Broadway” combined high-density residential and mixed-use retail. “The judges were particularly impressed with our ability to understand the city’s financial motivations and constraints, and those of the three sites, and to propose a plan that addressed these in a difficult capital markets environment. Having an incredibly gifted architect on our team certainly didn’t hurt,” says Byrnes. “Everybody brought unique strengths to the table and it really showed in the end.”
This year’s win brings the lifetime Golden Shovel score to Cal 13, Stanford 9.
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