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The Building Culture Podcast

The Building Culture Podcast

Austin Tunnell

Fusing the liberal arts with architecture, construction and real estate to build a more beautiful, resilient, and thriving world for PEOPLE. I believe a more thriving world is possible through restoring our built environment. But today's hyper-segregated, financialized building industry is not conducive to solving complex problems or creating dynamic places for human flourishing. I interview a wide range of guests involved with crafting the built world: developers, architects, urban designers, builders, investors, inventors & officials, exploring holistic solutions to a better human habitat.
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Top 10 The Building Culture Podcast Episodes

Goodpods has curated a list of the 10 best The Building Culture Podcast episodes, ranked by the number of listens and likes each episode have garnered from our listeners. If you are listening to The Building Culture Podcast for the first time, there's no better place to start than with one of these standout episodes. If you are a fan of the show, vote for your favorite The Building Culture Podcast episode by adding your comments to the episode page.

What if our cities weren’t just places we lived, but places that made us feel alive? In this episode, we welcome back Coby, an urban planner, developer, and author of Building Optimism, to talk about how we can move beyond pessimism and reclaim the built environment. We dive into the philosophy of traditional urbanism versus traditional architecture, how to balance art and economics in development, and why optimism in city building isn’t just wishful thinking—it’s already happening.

Coby shares how his latest project integrates affordability, beauty, and human-scale design, and why zoning reform is beginning to shift the landscape of American cities. We discuss why preservation alone isn't enough, how small developers can create lasting impact, and why the best cities aren’t built overnight—they evolve, adapt, and improve over time. If you’ve ever wondered why some places feel right and others don’t, or how we can design spaces that actually serve human beings, this episode is for you.

TAKEAWAYS

  • Great places aren’t about height or style but about how spaces are formed. Streets, plazas, and courtyards dictate how we experience a city more than the aesthetics of individual buildings.
  • Traditional architecture isn’t about copying the past; it’s about principles that create beauty, durability, and livability across cultures and time periods.
  • Keeping historic buildings is important, but we should also be building new ones that are worthy of being preserved in the future. Fear of losing the past shouldn’t stop us from creating great new places.
  • The best cities have a mix of housing that allows people of different income levels to live side by side. Segregating wealth or poverty harms economic mobility and community vitality.
  • The hardest part of building great places isn’t the architecture—it’s getting the financing. Small-scale, human-centered development struggles to compete with big box projects, but that can change with the right approach.
  • Building better cities isn’t a fantasy—it’s already happening in pockets across North America. The real challenge is scaling those successes and proving that beautiful, walkable, thriving communities can be the norm, not the exception.
  • CHAPTERS

    00:00 Exploring Urban Beauty: A Vision for Cities

    01:32 The Intersection of Urban Planning and Development

    03:58 The Journey to Writing 'Building Optimism'

    10:02 The Current State of Urbanism: A Turning Point

    18:41 Traditional Urbanism vs. Architecture: Finding Balance

    22:59 The Role of Preservation in Modern Urbanism

    38:20 Creating a Living Tradition in Architecture

    44:06 Exploring Kingston's Urban Fabric

    51:04 Innovative Infill Housing Solutions

    58:13 The Importance of Diverse Housing Options

    01:06:56 Creating Integrated Communities

    01:12:12 The Role of Capital in Urban Development

    CONNECT WITH COBY

    X: https://x.com/Cobylefko?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor

    Website: ⁠https://cobylefkowitz.com

    Substack: https://ourbuiltenvironment.substack.com/p/a-call-to-build-a-better-world

    MENTIONED RESOURCES

    Coby’s Book:

    https://www.amazon.com/Building-Optimism-World-Looks-Better/dp/B0DJV2WLXR/?_encoding=UTF8&pd_rd_w=Q3

    Patrick Sharkey’s Trapped in Place: https://www.amazon.com/Stuck-Place-Neighborhoods-Progress-Equality/dp/0226924254

    Samuel Hughes’ Article: Making Architecture Easy: https://worksinprogress.co/issue/making-architecture-easy/

    CONNECT WITH AUSTIN TUNNELL

    Newsletter:https://playbook.buildingculture.com/

    https://www.instagram.com/austintunnell/

    https://www.linkedin.co...

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    In this episode, I talk with Jeral Poskey, former project executive at Google, and current Founder and CEO of Swyft Cities, about a radically different approach to urban transportation that’s fast, flexible, and surprisingly affordable. Spoiler: it's not autonomous or flying cars.

    When I first heard about Swyft’s solution, I was skeptical. But I’m increasingly excited about the possibilities, and how it could unlock walkable districts and neighborhoods within the suburban sprawl context (so basically everywhere).

    We get into how Jeral’s experience inside Google’s real estate division led to the birth of Project Swyft, why traditional mass-transit infrastructure isn’t feasible (at least on its own), and how Swyft’s solution solves for the last few miles, weaves between buildings, and adapts to cities as they grow.

    If you're into urbanism, real estate, autonomous vehicles, or just want to understand what could actually make our cities function better (without waiting 20 years and wasting billions of dollars for a new train–looking at you, California), this one’s worth your time. And excitingly, Swyft has numerous projects underway around the world beginning in 2026.

    CHAPTERS

    00:00 Introduction to Project Switch and Urban Transportation

    01:48 The Origins of Swyft Cities

    05:08 Innovative Transportation Solutions

    10:31 Skepticism to Curiosity

    14:09 The Last Mile Connection and Urban Challenges

    17:34 Economic Models and Urban Growth

    19:23 Modularity and Network Effects in Urban Transit

    21:16 AI and Efficiency in Transportation Systems

    23:40 Cost Comparisons and Infrastructure Decisions

    24:15 Understanding the Station Design and Functionality

    26:22 Infrastructure Flexibility and Cost Efficiency

    29:09 The Competition: Self-Driving Cars and Urban Mobility

    32:52 Private vs. Public Sector Transportation Solutions

    35:16 Real-World Applications and Case Studies

    40:01 Overcoming Skepticism and Educating Stakeholders

    43:45 Induced Demand: A Positive Perspective on Urban Transportation

    48:13 Future Vision: Scaling and Real Estate Integration

  • Website: https://swyftcities.com/
  • Newsletter: https://swyftcities.us10.list-manage.com/subscribe?u=04dae35275c37b51b049b89c9&id=349fe9a899
  • Twitter: https://x.com/jeralpo
  • Twitter: https://x.com/swyftcities
  • LinkedIn: https://www.linkedin.com/in/jposkey/ CONNECT WITH AUSTIN TUNNELL: Newsletter: https://playbook.buildingculture.com/ https://www.instagram.com/austintunnell/ https://www.linkedin.com/in/austin-tunnell-2a41894a/ https://twitter.com/AustinTunnellhttps://www.buildingculture.com/ https://www.instagram.com/buildingculture/ https://twitter.com/build_culture https://www.facebook.com/BuildCulture/ SPONSORS: Thank you so much to the sponsors of The Building Culture Podcast! Sierra Pacific Windows: https://www.sierrapacificwindows.com/ One Source Windows: https://onesourcewindows.com/
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    In this episode, I talk with Ryan Johnson, co-founder and CEO of Culdesac, about building the United States’ first car-free neighborhood from scratch. We discuss everything from winning over the fire department with foldable ladders to building hundreds of units without building a single parking garage. Ryan also opens up about how designing for people—rather than cars—has paid off big time for both residents and local retailers, and why he believes autonomous vehicles, ride-sharing, and a passion for walkability will reshape cities nationwide.

    TAKEAWAYS

    Walkability Isn’t a Niche Luxury—It’s a Mass Market Demand. The majority of Americans would pay more to live in a walkable neighborhood, and 92% of Gen Z is on board. This isn’t just a trend—it’s a tidal wave.

    Car-Free Living Works—Even in Phoenix. If a walkable neighborhood can thrive in a sprawling, car-centric city like Phoenix, it can work anywhere. The key? Thoughtful design, mixed-use spaces, and actual community-building.

    Parking Garages Are the Next Real Estate Mistake. Developers still pouring millions into structured parking are setting themselves up for regret. AV ride-hailing, changing transportation habits, and shifting zoning laws are making them obsolete faster than people realize.

    Retail Thrives When It’s a Destination, Not an Afterthought. Culdesac started with six planned retail spaces—now they have 21, and local businesses are thriving. Why? Because people actually want to be there.

    Building for Humans, Not Traffic Engineers, Changes Everything. The way we build cities has quietly been making us more isolated, unhealthy, and unhappy. Culdesac’s design flips that script—prioritizing gathering spaces, green areas, and human-scale density.

    CHAPTERS

    00:00 The Need for Change in Urban Design

    02:57 Introducing Cul-de-Sac: A New Vision for Neighborhoods

    06:12 Designing Walkable Communities: The Cul-de-Sac Approach

    08:54 Innovative Infrastructure: Rethinking Parking and Access

    11:50 Financing the Future: Capital Strategies for New Developments

    15:04 Community and Belonging: The Heart of Urban Living

    18:07 Navigating Challenges: Working with City Regulations

    21:07 Phased Development: Learning and Adapting in Real Time

    24:00 The Impact of COVID-19 on Construction and Costs

    26:58 Market Dynamics: Setting Rents in a Changing Landscape

    29:43 The Evolution of Walkable Neighborhoods

    32:03 Creating Community Through Intentional Design

    34:48 Retail and Community Engagement

    37:59 The Role of Local Businesses in Urban Development

    40:50 Innovative Urban Design and Architecture

    43:54 Challenges and Surprises in Development

    45:41 The Future of Walkable Communities

    50:18 Leadership and Vision in Development

    55:41 Advice for Aspiring Developers

    CONNECT WITH RYAN

    Culdesac: https://culdesac.com

    LinkedIn:https://www.linkedin.com/in/ryanjohnsonaz

    Instagram: https://www.instagram.com/liveculdesac/

    Twitter: https://x.com/ryanmjohnson?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor

    CONNECT WITH AUSTIN TUNNELL

    Newsletter: https://playbook.buildingculture.com/

    https://www.instagram.com/austintunnell/

    https://www.linkedin.com/in/austin-tunnell-2a41894a/

    https://twitter.com/AustinTunnell

    CONNECT WITH BUILDING CULTURE

    https://www.buildingculture.com/

    https://www.instagram.com/buildingculture/

    https://twitter.com/build_culture

    https://www.facebook.com...

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    In this episode, I sit down with Stephen Smith, founder of the Center for Building, to uncover the labyrinthine world of building codes—how they’re made, who really influences them, and why they end up stifling the very innovation and affordability we need. From the peculiarities of elevator requirements to the often overlooked role of local politics and special interests, we unpack how these complex rules shape our homes, buildings, and cities more than we might realize.

    TAKEAWAYS

  • Why Building Codes Matter: Even if you’re not a builder or developer, codes dictate your home’s layout, the price of housing, and whether your favorite small condo project can even get off the ground.
  • The ICC (International Code Council) Isn’t Really “International”: You’ll learn how this non-governmental body, which writes most U.S. building codes, can be both extremely influential and surprisingly insular.
  • Over-Regulation’s Real-World Costs: We break down how elevator mandates, fire codes, and accessibility requirements—though well-intended—sometimes create perverse incentives that drive up costs or discourage better solutions.
  • Local Politics & Hidden Interests: Discover how “government members” and private manufacturers shape these codes, and why your mayor or city council may have little say in regulations that affect everyone.
  • A Path Forward: Stephen shares practical ways policymakers and citizens can get involved in reforming the system, focusing on a more human-centered approach that balances safety, cost, and beauty
  • CHAPTERS

    00:00 The Challenge of Building Codes in the U.S.

    03:06 The Role of Building Codes in Urban Development

    05:46 Understanding the American Way of Building

    09:09 The Impact of Building Codes on Housing Costs

    12:09 Elevator Regulations and Their Consequences

    14:52 Harmonization of Codes and Standards

    18:11 Over-Dimensioning in American Construction

    21:05 Labor Issues in the Construction Industry

    23:57 The Need for Code Review and Justification

    26:49 The Tyranny of Bureaucracy in Building Codes

    38:49 The Grenfell Fire and Its Aftermath

    45:05 Design Innovations in Building Codes

    48:25 Understanding the ICC and Code Writing

    58:09 The Revolving Door: Industry and Regulation

    01:07:26 The Role of Government in Building Codes

    01:15:20 Getting Involved: Supporting Change in Building Codes

    CONNECT WITH STEPHEN

    Center for Building https://www.centerforbuilding.org/

    BlueSky: https://bsky.app/profile/stephenjacobsmith.com

    Email: [email protected]

    MENTIONED RESOURCES

    Elevator research: https://admin.centerforbuilding.org/wp-content/uploads/2024/12/Elevators.pdf

    CONNECT WITH AUSTIN TUNNELL

    Newsletter: https://playbook.buildingculture.com/

    https://www.instagram.com/austintunnell/

    https://www.linkedin.com/in/austin-tunnell-2a41894a/

    https://twitter.com/AustinTunnell

    CONNECT WITH BUILDING CULTURE

    https://www.buildingculture.com/

    https://www.instagram.com/buildingculture/

    https://twitter.com/build_culture

    https://www.facebook.com/BuildCulture/

    SPONSORS

    Thank you so much to the sponsors of The Building Culture Podcast!

    Sierra Pacific Windows: https://www.sierrapacificwindows.com/

    One Source Windows:

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    Hi everyone! I’m excited to share our final episode of the year, marking one full year of the Building Culture Podcast! This episode is a solo reflection—something new for me—where I dive into the evolution of our brand, key business learnings, our tech stack, updated thinking, and personal growth.

    I explore how Building Culture has grown from focusing on structural masonry to a broader mission of creating durable, human-centered architecture and thriving communities. Adapting to challenges like rising costs and supply chain disruptions, I reflect on how staying versatile has helped us remain true to our mission of fostering human flourishing through the built environment.

    This episode also includes lessons learned from raising capital, building a team, and refining processes with tools like Superhuman and AppFolio. I share how inspiring books, podcasts, and thinkers—like Make Something Wonderful and Andrew Huberman’s work—have shaped my perspective.

    On a personal note, I open up about recovering from a life-changing injury, the importance of pursuing meaningful goals, and how embracing life’s challenges has brought deeper fulfillment. I’ve found that happiness is fleeting, but meaning endures.

    I hope this episode inspires you to reflect on your own journey and take away something valuable for your life or business. Thank you for an incredible year, and here’s to building a thriving future together!

    CHAPTERS

    00:00 Navigating Real Estate Syndication and Fundraising

    33:41 Indefinite Hold Strategy in Real Estate Investment

    39:45 Understanding Dopamine and Motivation

    45:35 The Importance of Free Speech in Society

    54:00 The Importance of Free Speech

    01:00:05 The Case for Masonry in Modern Construction

    01:07:01 Personal Development and New Ventures

    01:14:28 Creating Your Own Heaven or Hell

    TAKEAWAYS

    Building Culture has shifted from a focus on structural masonry to creating human-centered architecture and thriving communities.

    Regular feedback, delegation, and alignment have strengthened team culture and efficiency.

    Viewing architecture as a human habitat highlights its role in fostering well-being and community.

    Adapting to rising costs and personal setbacks underscores the value of flexibility in pursuing long-term goals.

    Pursuing meaningful, challenging goals leads to deeper fulfillment and personal growth.

    Austin shares aspirations for Building Culture’s role in creating resilient, human-centered communities.

    CONNECT WITH AUSTIN TUNNELL

    Newsletter: https://playbook.buildingculture.com/

    https://www.instagram.com/austintunnell/

    https://www.linkedin.com/in/austin-tunnell-2a41894a/

    https://twitter.com/AustinTunnell

    CONNECT WITH BUILDING CULTURE

    https://www.buildingculture.com/

    https://www.instagram.com/buildingculture/

    https://twitter.com/build_culture

    https://www.facebook.com/BuildCulture/

    SPONSORS

    Thank you so much to the sponsors of The Building Culture Podcast!

    Sierra Pacific Windows: https://www.sierrapacificwindows.com/

    One Source Windows: https://onesourcewindows.com/

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    Most Americans think painting brick is as simple as grabbing a bucket of latex or oil-based paint, but this common approach can wreak havoc on your home–and is uglier to boot.

    In this episode, I sit down with Matt Plechan, the founder of Mineral Stains. We dive deep into the art and science of finishing brick with mineral stains like limewash, potassium silicate and sol silicate.

    These centuries-old techniques are not only more durable and beautiful but also allow your brick to breathe, preventing costly damage.

    I talk to many people who go to Europe, see a beautiful color, and try to color match it at home on stucco or masonry. It doesn’t turn out the same. Why? It’s not the same paint!

    But it can be.

    If you are thinking about painting masonry, listen to this episode! And while there are other US based suppliers, Matt at Mineral Stains is an excellent source who manufactures in the US and will help you find the right product for your project!

    TAKEAWAYS

    Latex acrylic paints are unsuitable for masonry, while mineral stains bond with masonry for enhanced durability and a natural aesthetic.

    Potassium silicate offers better longevity than lime wash, while sole silicate works effectively on previously painted or coated surfaces.

    Mineral stains are eco-friendly, made from natural pigments, and provide vibrant, non-toxic finishes with a timeless, breathable quality.

    CHAPTERS

    00:00 Introduction to Masonry Painting Challenges

    02:49 Understanding Mineral Stains vs. Traditional Paints

    06:30 Exploring Types of Mineral Stains

    10:56 Comparing Lime Wash and Potassium Silicate

    18:30 Application Techniques for Mineral Stains

    32:28 Best Practices for Exterior Application

    35:37 The Importance of Primer in Painting

    40:49 Cleaning and Preparing Surfaces for Painting

    45:33 Best Practices for New Construction Painting

    52:35 Application Techniques: Spraying vs. Rolling

    57:49 Interior Painting: Natural Finishes and Techniques

    CONTACT MATTHEW PLECHAN AND MINERAL STAINS

    Website: https://mineralstains.com/

    Instagram: https://www.instagram.com/mattplechan/

    Facebook: https://www.facebook.com/mineralstains1

    Matt’s Linkedin: https://www.linkedin.com/in/matt-plechan-94a18172

    MENTIONED RESOURCES

    https://masonrymagazine.com/Default?pageID=2362

    https://voyagejacksonville.com/?post_type=interview&p=91151

    https://www.fosterandpartners.com/projects/global-home-of-the-pga-tour

    https://youtu.be/OIWKKjPj5PI

    https://youtu.be/cojGgH-79u4

    CONNECT WITH AUSTIN TUNNELL

    Newsletter: https://playbook.buildingculture.com/

    https://www.instagram.com/austintunnell/

    https://www.linkedin.com/in/austin-tunnell-2a41894a/

    https://twitter.com/AustinTunnell

    CONNECT WITH BUILDING CULTURE

    https://www.buildingculture.com/

    https://www.instagram.com/buildingculture/

    https://twitter.com/build_culture

    https://www.facebook.com/BuildCulture/

    SPONSORS

    Thank you so much to the sponsors of The Building Culture Podcast!

    Sierra Pacific Windows:

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    The Building Culture Podcast - #19 Justin Mares - Pt 2: Fixing the Broken Food & Health Systems
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    06/27/24 • 53 min

    In part 2 Justin Mares and I discuss the broken food and health systems in the US and the need to prioritize human flourishing. We get into the weaponization of our instincts by companies that produce addictive food, the importance of fixing our environment and food system, and the role of human health in the built environment. Justin shares his experience in the health industry and highlights the misalignment of incentives in the food and healthcare industries.

    We touch on the lack of trust in traditional institutions and the challenges of following dietary guidelines. Justin talks about nutrient density in crops, the depletion of nutrients in soil, the impact of food processing on nutrient density, and the potential consequences for human health. We also delve into the challenges of scaling sustainable farming practices and the role of government and corporations in addressing health and environmental issues. The conversation concludes with a discussion on the need for individual and community action to create positive change.

    Takeaways

    • The food and health systems in the US are profoundly broken and need to be fixed to promote human flourishing.
    • Companies are weaponizing our instincts to create addictive and profitable food products.
    • Fixing the environment, food system, and built environment is crucial for improving human health.
    • There is a lack of trust in traditional institutions and their ability to provide accurate health advice.
    • The misalignment of incentives in the food and healthcare industries hinders progress in promoting human health. Nutrient density in crops is influenced by the nutrients in the soil, and over time, the depletion of nutrients in the soil has led to less nutrient-dense crops.
    • Food processing can further reduce nutrient density, and the consumption of processed foods may lead to nutrient deficiencies and cravings for specific nutrients.
    • Scaling sustainable farming practices, such as regenerative agriculture, can help improve soil health and nutrient density in crops.
    • Government regulations and policies play a role in shaping the food system, but individual and community action is also necessary to create positive change.
    • Addressing health and environmental issues requires a holistic approach that considers the interconnectedness of various factors, including food production, human health, and environmental sustainability.

    Chapters

    00:00 Introduction and Sponsor Acknowledgment

    00:57 Weaponizing Instincts: The Addictive Food Industry

    06:22 Misaligned Incentives in the Food and Healthcare Industries

    08:16 The Broken Healthcare Industry

    19:19 The Debate on Veganism and Vegetarianism

    25:12 Sponsor Acknowledgment and Nutrient Deficiencies in Food

    26:41 The Impact of Soil Depletion on Nutrient Density in Crops

    29:07 The Nutrient Decay Curve and the Role of Food Processing

    34:29 Challenges and Potential of Scaling Sustainable Farming Practices

    36:25 Government and Corporate Responsibility in Addressing Health and Environmental Issues

    43:00 The Need for Individual and Community Action

    CONNECT WITH JUSTIN

    RECS

    Book Rec: ⁠Formerly Known as Food⁠

    Book Rec: ⁠The End of Craving⁠

    Book Rec:

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    Today I'm dropping the second half of my conversation with Sam Day. In case you missed Part 1, head back to Episode 8 in our Podcast series to check it out. Sam is an architect, urbanist, and infill developer based in Oklahoma City--a rare combination of someone designing buildings (architect), creating spaces with those buildings (urbanist), and actually facilitating them coming out of the ground, including buying land, figuring out financing, leasing up, etc (development). At the beginning of this episode, we continue our conversation on the importance of centers, the challenge of creating centers in suburbia, and the possibility of improving suburbia with possibilities like e-bikes, delivery and more. We have a lot of fun getting into the rapid-fire questions and question that our viewers asked via Instagram, topics like habits and routines, the challenges of architecture school and the importance of learning construction details, and even personal topics like the meaning of fatherhood for the both us. If you enjoyed today's show, make sure to like, comment and share! RESOURCES Podcast Recommendations: - Henry George Podcast - http://seethecat.org/ - Ezra Klein - https://podcasts.apple.com/us/podcast/the-ezra-klein-show/id1548604447 - Adam Tooze - https://adamtooze.com/category/on-record/podcast/ Book Recommendations: - Regenesis: https://www.amazon.com.au/Regenesis-World-Without-Devouring-Planet/dp/0141992999 - Micheal Pollen - A Place of My Own (Architecture-theme) - https://a.co/d/aVs5a6U How to Change Your Mind - https://a.co/d/9CJJkDI Omnivores Dilemma - https://a.co/d/0bxxumn - Rise of the Community Builders - https://a.co/d/9hKNKpw - Developing Expertise - https://a.co/d/7h06dT7 LinkedIn: https://www.linkedin.com/in /samuel-day https://www.instagram.com /_sam_day https://www.wheelerdistrict.com/ Takeaways: - Innovative solutions are needed to address the challenges of housing affordability, community building, and sustainable development. - Learning construction details and practical knowledge is challenging in architecture school, and gaining experience on job sites is crucial. - Being a new father is a rewarding experience, and observing a child's growth and development is fascinating. - Working with clients as an architect can be challenging, as there may be a disconnect between the architect's values and the client's priorities. - Investing in high-quality lighting, landscaping, and tactile elements like hardware can greatly enhance the overall design and experience of a space. 00:00 Creating Centers 04:52 The Challenge of Suburban Development 08:00 Distributed Shopping Centers and E-Bikes to Improve Suburbia 22:20 Habits and Routines 25:20 Podcasts Books That Have Changed Our Thinking 35:00 Getting Started as a Developer 38:00 Pivoting into Construction 43:17 The Joys of Fatherhood 47:30 Challenges of Working with Clients 50:00 Splurging on High-End Items CONNECT WITH BUILDING CULTURE Website: https://www.buildingculture.com/ Instagram: https://www.instagram.com/buildingculture/ X: https://twitter.com/build_culture TikTok: https://www.tiktok.com/@buildingculture CONNECT WITH AUSTIN TUNNELL Instagram: https://instagram.com/austintunnell LinkedIn: https://www.linkedin.com/in/austin-tunnell-2a41894a/ X: https://twitter.com/AustinTunnell Join the Movement to Build a Better World: The Building Culture Playbook - https://playbook.buildingculture.com/p/blueprint-1-life-is-boring-yet-profound
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    The Building Culture Podcast - #2 Matt Hayes: What Every Architecture Student Needs to Know
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    10/15/23 • 60 min

    Listen in on the one-year anniversary of Matt Hayes joining the Building Culture team. Whether you're considering architecture as your field of study, want to hear what the day to day of working for a Design & Build small business is like, or are just curious to hear more on what makes beautiful places, this one is for you.

    Prior to joining Building Culture in 2022, Matt graduated from the Notre Dame School of Architecture and worked in Manhattan at G.P. Schafer Architect on custom residences in areas including Arkansas, Virginia, Florida, and New York City. Following several serendipitous interactions with Austin, the opportunity to confront the problems of disposable building and car-centric urbanism was too exciting for Matt to pass up and he uprooted to Oklahoma to join the Building Culture Team as Architect and Program Manager. Matt and Austin discuss an array of topics, like what factors are important when considering architect school for yourself, the benefits of travel and its influence on their building and design methods, the uniqueness of working for a start up Design & Build firm, and considering what makes a beautiful place and have the priority on humans and not cars.

    RESOURCES School of Architecture, University of Notre Dame

    Original Green - Steven Mouzan

    FOLLOW AUSTIN

    Building Culture Playbook

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    Moses Kagan has a unique take on real estate development and investing – and he’s influenced my thinking substantially over the past couple of years.

    He is a highly successful syndicator, investor and developer with over $200 million in assets under management. He runs Adaptive Realty, having renovated over 100 multi-family buildings in Los Angeles, managing them in-house while specializing in the "indefinite hold” strategy for long-term wealth building.

    He is the Co-Founder of ReSeed, a platform offering long-term GP and LP capital, along with mentorship for emerging real estate operators nationwide. He also hosts Reconvene, a highly regarded annual “unconference” for real estate operators and passive investors to connect and share knowledge. I attended last year, and it was awesome!

    And lastly, he is a Twitter personality and avid blogger, sharing valuable insights on real estate and business. I highly recommend you follow him.

    This is an excellent conversation about practical investment and real estate development philosophy, and I hope this conversation has as big of an impact on you as meeting Moses has on me!

    TAKEAWAYS

  • Holding real estate indefinitely often leads to better investment outcomes than IRR-driven flipping.
  • Traditional real estate models incentivize risky short-term decisions, while sustainable strategies benefit both investors and communities.
  • Investors should focus on post-tax returns rather than pre-tax IRR, as tax considerations play a crucial role in long-term profitability.
  • Wealthy families and patient capital partners are more aligned with indefinite hold strategies than institutional investors.
  • Unlevered yield on cost and all-in price per square foot are key financial indicators for long-term real estate success.
  • Building direct relationships and trust at scale is essential for securing capital, especially for indefinite hold investments.
  • CHAPTERS

    00:00 Introduction to Real Estate Development Philosophy

    06:06 Understanding IRR and Its Implications

    11:55 The Importance of Long-Term Thinking in Real Estate

    17:59 Finding the Right Investors for Long-Term Strategies

    25:50 Investing with Wealthy Families and Professional Money Managers

    40:20 Understanding Capitalization and Investor Liquidity

    46:11 Building Trust and Relationships in Real Estate Investment

    55:41 Building Trust at Scale in Real Estate

    58:01 The Democratization of Capital Raising

    01:04:29 New Urbanism and Walkable Neighborhoods

    01:06:00 Challenges of Ground-Up Development

    01:09:03 Zoning and Building Code Challenges

    01:11:57 The Impact of Bureaucracy on Development

    01:14:07 Introducing ReSeed: Supporting Emerging Operators

    01:17:08 The Importance of Community in Real Estate

    CONNECT WITH MOSES

    X:https://x.com/moseskagan?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor

    LinkedIn: https://www.linkedin.com/in/moses-kagan-2638ab2/

    Adaptive Realty: https://www.adaptiverealty.com/

    ReSeed: https://reseedpartners.com/

    Moses Newsletter: https://kagansblog.com/blog/

    MENTIONED RESOURCES

    The Fort Podcast Interview on ReSeed: https://www.thefortpod.com/videos/moses-kagan-rhett-bennett-co-founders-of-reseed-partners-the-y-combinator-for-re-operators/

    CONNECT WITH AUSTIN TUNNELL

    Newsletter:https://playbook.buildingculture.com/

    https://www.instagram.com/austintunnell/

    https://www.linkedin.com/in/austin-tunnell-2a41894a/

    https://twitter.com/AustinTunnell

    CONNECT WITH BUILDING CULTURE

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