Project of the Year Award

This award is on hiatus and is not currently being presented.

Requirements for Nominations

  • The award is presented to an active developer-member of NAIOP, in good standing.
  • The developer should be listed as the developer of record on the project.
  • Ground broken or project completed between specified dates.
  • Both new development and re-development/adaptive reuse projects are eligible.
  • Project must be primarily (more than 51 percent) utilized for the specified product type.

Recognition

The award winner will receive considerable publicity, including:

  • Press release from NAIOP.
  • Award presentation. The company’s CEO or a senior executive is requested to accept the award and make a brief presentation about the award-winning project.
  • Coverage in Development magazine and/or Market Share, the NAIOP blog.

NAIOP established the Project of the Year award in 2015.

Note: Members of the NAIOP executive committee are not eligible for nomination, nor may nominate another company for the award.

 

Award
Criteria

Award Criteria 

1. Financial Analysis
Detail the project’s economic success, including return on investment, lease rates, lifecycle costs, tenant improvement costs and overall profitability.

2. Economic Impact
Detail the impact on the local community and marketplace, including effect on rents, amount of space developed/absorbed and jobs created.

3. Innovation
Detail the project’s innovations in concept, design, construction and/or build-out. Specify unique characteristics about the facility, including automation, special design and layout.

4. Challenges/Solutions
Detail issues/successes encountered during planning, municipal and environmental objectives/constraints; and site and/or design challenges.

5. Supporting Materials
Include sample marketing materials and the leasing/sales strategy (if applicable), as well as project images (limited to five).

Past
Winners

2017 Merit Partners Inc. and Sunbelt Holdings
Read the press release

2016 Oxford Properties
Read the press release

2015 Trammell Crow Company
Read the press release

Marcus & Millichap CBRE