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2023 ULI Hines Student Competition Finalist: "Knot Charleston" – Harvard University
February 21, 2023
Entry Title: Knot Charleston
Team Code: 2023-8335
School: Harvard University
Overview (Narrative Excerpt from Original Project Submission):
The Knot is a new vision for complete living in North Charleston, tied together by food. Drawing on the highest aspirations of LEED, WELL, and the Living Community Challenge, this mixed-used project synthesizes these certifications with the city’s unique context to create a well-connected, affordable, and enriching place to live for generations. The Knot is a 3.6 million square foot, $843 million development that proposes acquiring the site through a combination of fee simple purchases of the private parcels, while entering long-term ground leases with the City of North Charleston to acquire the publicly owned parcels. The project will cost $687 million and the financing strategy for the Knot uses the value generated from the market rate multifamily to cross-subsidize the community-oriented uses across all phases.
Team:
- Youngsoo Yang (Team Leader), Master of Urban Design, Harvard University
- Tomas Quaglia, Master of Urban Design, Harvard University
- Ben Parker, Master of Urban Design and Master of Design Studies, Harvard University
- Emily Johansen, Master of Urban Planning, Harvard University
- Rachaya Wattanasirichaigoon, Master of Landscape Architecture and Master of Urban Design, Harvard University
Faculty Advisor:
- Richard Peiser, Professor of Real Estate Development, Harvard University Graduate School of Design
Professional Advisor:
- Michael Manfredi, Design Critic in Urban Planning and Design, Harvard University Graduate School of Design
Final Presentation Materials
Original Submission Materials
Yungsoo Yang, member of the 2023 winning team featured in Multi-Housing News
For the Full Multi-Housing News Article Click here.
Knot Charleston team at the ULI Hines Competition Finals in North Charleston, South Carolina.
What did this competition mean to you and how does winning it impact your future (plans)?
Yang: Participating in the prestigious ULI Hines Student Competition was, without a doubt, one of the most important highlights of my academic career as a graduate student. The competition was a perfect platform for me to explore my passion and career aspirations in the built environment as I pivot my career from architecture to real estate development. It was truly a privilege to make it to the final round and I’m very grateful for this incredible opportunity that the ULI and Hines have provided for my team and fellow finalists. We met incredible people along the way, and I think our team also learned a lot about ourselves.
Winning the competition also gave me the opportunity to attend the ULI Spring Meeting in Toronto and I came away genuinely inspired by Urban Land Institute’s mission and the unlimited potential of how we can make our built environment more sustainable, equitable and healthier. Winning this competition has only proved to be the beginning of my journey into the field of real estate and deeper involvement in ULI.