The Real Estate Challenge invites undergraduate and graduate level student teams to act as individual development companies by creating plans for a significant site in the Chicago area. Since 2010, university teams have reimagined sites across the Midwest.
Each team delivers a full financial and feasibility analysis to support its development vision. The winning plan is the most economically viable and complementary to the surrounding site — earning a significant scholarship.
Registration opens in October, with the site announced in February. Final presentations take place in Chicago in the Spring. Each team is judged by a panel of industry experts, with the winning universities receive a $7,500 scholarship.
For specifics on our 2027 Real Estate Challenge, click here.