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Social Responsibility, Article | February 22, 2024

The Presidio Bay Foundation & Scholars Program

Giving back is a full-time passion for the STO Building Group network of companies. One of the ways BCCI Construction has fostered its relationship with…

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https://issuu.com/stobuildinggroup/docs/stobg_insights_digital_issue_4-23/20

Giving back is a full-time passion for the STO Building Group network of companies. One of the ways BCCI Construction has fostered its relationship with the San Francisco community is by partnering with a local foundation that helps students discover their own passions in the real estate and AEC industries.

The Presidio Bay Foundation is a 501(c)(3) non-profit focused on empowering underserved youth through educational and career opportunities in commercial real estate. Their mission, alongside BCCI’s commitment, is to forge pathways for youth to become future leaders in shaping more equitable neighborhoods and cities by providing resources to pursue careers in real estate, architecture, engineering, and construction. Each summer, the program hosts a cohort of students who engage in an intensive 10-week curriculum that exposes them to various facets of commercial real estate, including finance, design, management, city planning, development, sustainability, and retail. Beyond education, each student has the unique opportunity to network with industry professionals and mentors. Excitingly, the foundation will soon be launching a workforce ready initiative to assist young adults in having direct access to additional internships and entry-level roles.

According to Mallory Wall, vice president of client services at BCCI, Presidio Bay prioritizes community building by supporting cultural, racial, and gender diversity and providing Scholars with comprehensive training and connections for future success. Wall has volunteered as a construction mentor for the program for the last three years and says their unique approach to fostering new generations of leaders sets them apart from other, similar programs.

“It brings me so much joy seeing the students in the program really wanting to learn and understand how real estate development works,” she says. “Presidio Bay is genuine and passionate about instilling confidence and creating a launching pad for students to have a voice in shaping the future of their communities.”

“Whether it’s giving these young people the confidence to speak or sparking curiosity to seek a future career path in the industry, if you just touch one person, that’s what matters.”

Mallory Wall, Vice President, Client Services

The students agree. “Even if you don’t come from a background with exposure to the real estate industry, you feel embraced, encouraged, and empowered for the future,” says one recent participant. “The way this program is structured, it’s like the difference between receiving a handshake and a hug.”

Since 2021, the program has graduated 32 students and invested over $280,000 in scholarships and program growth. Looking ahead, the Presidio Bay Foundation aspires to expand its influence across the Bay Area and, ultimately, the US. And while these ambitions will undoubtedly make a tremendous impact on the future of commercial real estate, Wall knows that the local, individual interactions within the program are the ones that truly make the biggest difference.

WATCH: DEVELOPING OUR FUTURE

Hear from students and see the Presidio Bay Foundation’s impact in action in this short documentary. You can also learn more about their accomplishments in their annual report on pbvscholarship.com.

 

Originally Published in STOBG Insights Issue 1 2024.

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