Senior Development Associate
As Senior Development Associate, Rachael Price is responsible for the overall management of assigned real estate development projects and internal development processes. Acting as an owner representative, she is responsible for direct correspondence and interaction with external development partners during all phases of the project from concept through construction and final handoff to property operators and GBX’s asset management team.
Prior, Rachael served as a Project Manager and was responsible for the overall project management of assigned tax asset and real estate investment projects. Additionally, she served as the Project Manager for the company’s 50,000 square foot headquarter development project at the Empire Improvement Building located in downtown Cleveland’s Superior Arts District. Rachael managed a team of historic consultants, architects, engineers, contractors, and various vendors on a day-to-day basis that led to a successful opening in the spring of 2018. The headquarters received eleven design and construction awards, including AIA Ohio’s Architectural Design Award.
Rachael is a member of Cleveland District Council of Urban Land Institute. She currently serves as Co-Chair of the Young Leaders Group and served on the Women’s Leadership Initiative Committee that planned the first annual Women’s International Day Summit.
Rachael graduated from Kent State University with a Bachelor of Arts in Psychology. In May of 2018, she received a Certificate in Urban Real Estate Development and Finance, taking first place at the Real Estate Development Finance Competition at Cleveland State University (CSU). Rachael earned a Masters of Urban Planning and Development in May 2020. At graduation, she was awarded the Wallace G. Teare Prize, which is presented to a graduate student pursuing a career in urban planning and exemplifies the professional ideals of Mr. Teare, a life-long advocate for quality housing for low-income and elderly people.