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Inner-city Birmingham over the past decade has undergone a radical change from areas of blight and boredom to an exciting new array of sports venues, music and entertainment venues, large outdoor parks and recreation areas, appealing residential developments, and exciting new economic opportunities. Much more is on the way, says one of the keystone influencers in the transition.

is president and CEO of Corporate Realty Associates, and his resume鈥檚 highlights include a lengthy list of projects tied to the development of Birmingham鈥檚 city center and surrounding communities, including venues such as Regions Field and Railroad Park. Corporate Realty is also engaged in two major projects that are among the largest in Birmingham history鈥擲outhtown and the Star at Uptown.

Simon spoke August 3 at Auburn University鈥檚 91看片, kicking off the annual guest lecture series, an initiative of the new Institute for Real Estate Development, which was established to drive real estate education, industry thought leadership, and professional development.

鈥淚n 1999, I formed my own company,鈥� Simon said, later adding when asked how he had reached success with so many ventures: 鈥淎 lot of people in the room are smarter than me. But they鈥檙e not going to outwork me.鈥�

He stressed the importance of building a good team and strong partnerships as key to achieving success in commercial real estate development and accomplishing major residential projects such as those undertaken in Birmingham鈥檚 city center.

鈥淚 have taken a lot of risks. I am taking a lot of risks. But, I鈥檓 from Birmingham,鈥� he said of his personal interest and investment in the city鈥檚 transformation into a modern, attractive destination for visitors and residents alike.

Simon also talked about the value of government and business leaders working together to attract investors, new business, and the types of industry that can pump dollars and quality of life into creating and maintaining a sound economic environment.

鈥淣ever underestimate 鈥� or overestimate 鈥� political will,鈥� he said, adding that projects live or die based on motivational factors ranging from economic impact affecting quality-of-life factors to establishing a political figure鈥檚 legacy.

Examples he cited included the recruitment of a new biomedical hub to Birmingham鈥檚 already-reputable medical community led by the University of Alabama-Birmingham (UAB) and the recent addition of a new football stadium, which he said 鈥渄idn鈥檛 need to get done for football, it needed to get done for the community,鈥� referring to its economic benefits and entertainment value to area fans.

Similarly in uptown, the Birmingham-Jefferson Convention Complex soon will have a new 9,000-seat amphitheater capable of hosting concert and theatrical events. The venue, which will be adjacent to the Star at Uptown project, is expected to open in 2025 and host nearly 20 concerts a year. City Walk Skatepark and walking trails in green open spaces also are among the new recreational opportunities Simon noted.

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Follow these links to learn more about , Auburn鈥檚 Institute for Real Estate Development and its top-ranked Master of Real Estate Development program.