ULI Arizona Real Estate after Prop 207: Redefining a Budding Industry


Friday, January 29th, 2021
12:00pm - 1:00pm MST

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    Standard Pricing Until January 29 Members Non-Members
    Private $15.00 $30.00
    Public/Academic/Nonprofit $15.00 $30.00
    Retired $15.00 N/A
    Student $15.00 $30.00
    Under Age 35 $15.00 $30.00
    Following the passage of Prop 207, the law and public opinion have changed with respect to the use, production, and distribution of cannabis in Arizona, while the Federal Government has continued to prohibit cannabis, for any use, under the Controlled Substances Act of 1970. How will local governments, operators, and developers respond? Our panel of subject matter experts and industry stakeholders will explore this question and more in our January 29th virtual event.  '
    Speakers include:
    Lindsay Schube, Gammage & Burnham – Moderator
    Michael Ecklund, Principal, Morningside Capital
    Nicole Ricker, Gammage & Burnham
    Debra Stark, Councilwoman, Phoenix City Council
    Annual Young Leader Title Sponsors
    Annual Young Leader Supporting Sponsor



    Debra Stark

    City Councilmember, City of Phoenix, Mayor's Office

    Debra Stark is the District 3 Councilmember on the Phoenix City Council. She has spent her entire career as a public servant in local government. Her first career position was a planner for the city of Phoenix after receiving her Master’s in Planning from Arizona State University. She then went to work for Maricopa County as the Planning Manager where she supervised the Planning Division and worked on the Maricopa County Comprehensive Plan. She then took her knowledge to the city of Peoria as Community Development Director where she managed the operations of the Community Development Department and worked with the Mayor and Council to implement the first design review ordinance for the city of Peoria. Following her tenure at the city of Peoria, Stark returned to the city of Phoenix as the Planning and Development Director, serving 7 years as Director before retiring from the city of Phoenix in 2012. Never a woman to stay idle, she returned to Maricopa County and​​​ served as the Planning and Development Director until resigning in May 2016. Stark also remain​s active in the planning industry and her community. She was President of the Arizona Chapter of the American Planning Association and was a Board Member for the Arizona Council of the Urban Land Institute. Currently, she serves on the board of the Southwest Center for HIV/AIDS and Charter 100. She is also a former member of the Maricopa County Trial Court Selection Commission and past board member of Valley Partnership.​ Stark serves as the chair of the Land Use and Livability Subcommittee, and is a member of the Transportation, Infrastructure and Innovation; and Workforce and Economic Development Subcommittees. Stark is married to Brian and they are proud parents of a son and daughter.


    Lindsay Schube

    Attorney, Gammage & Burnham

    An avid snow skier, water skier, golfer, yogi, and runner, Lindsay takes every opportunity to enjoy Arizona’s beautiful outdoors and diverse landscape, no matter the season. So, it’s no surprise that her love of the land has also led her toward a successful career as a real estate attorney specializing in land use. With a focus on both the legislative and administrative levels, she represents land owners and developers before neighborhood organizations, planning commissions and city councils, and other regulatory bodies to obtain land use entitlements; including rezoning approvals, stipulation modifications, variances, use permits, site plan approval, plats, and much more. Lindsay assists clients in the Medical Marijuana Industry with a primary focus on land use and permitting issues with local cities and counties. She also represents landowners and businesses in code enforcement and property violations matters and has experience practicing in the area of homeownership association law. In addition, Lindsay has been learning the intricacies of Historic Preservation from Grady Gammage. In her downtime, she co-leads both of her daughters’ Girl Scout Troops, is a member of the Parent Services Organization at her children’s school, and spends time with her husband and three children. Lindsay is fluent in French and she likes to travel to her home country of Canada whenever possible.


    Michael Ecklund

    Principal, Morningside Capital

    Mike has 21 years of real estate and finance experience. His experience includes structuring joint ventures, acquisitions, development, accounting, and investment management, with acquisition officer responsibility for approximately $1 billion in investment across asset classes and in multiple US markets. As a cofounder and Principal of Morningside Capital, Mike has worked on approximately $100MM of cannabis related investments with a concentration in industrial cultivation. Mike received a degree in Managerial Studies from Rice University and a Master's degree in Accounting and Finance from the University of Texas at Austin. Mike currently sits on the Board of the Leonard Wood Center for Real Estate Studies at the University of North Carolina Kenan-Flagler Business School.


    Nicole Ricker

    Attorney, Gammage & Burnham

    Nicole advises clients acquiring, developing, leasing, managing and selling real property. Her experience includes development agreements, site development, subdivision, master planning, land assemblage, and due diligence. She has represented for-profit and nonprofit companies, regional and local developers, retailers and investors. Her experience includes mixed-use projects, retail, industrial, office, resort, and condominium projects. She has recently represented clients in connection with ultra-luxury resort-residential property development, downtown mixed-use project redevelopment, creation of industrial parks and retail expansion campaigns. Nicole is recognized by Best Lawyers in America in Land Use and Zoning Law.