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Beyond Sticks and Bricks:
Projects Producing
Structural Economic
Change
Friday,
October 15
9:15 a.m. – 10:30 a.m.
Marilyn Jordan Taylor (moderator)
Dean and Paley Professor, School of
Design, University of Pennsylvania
Relina Bulchandan...
© 2010 Cisco Systems, Inc. All rights reserved. Cisco ConfidentialC25-452149-00 3
Relina Bulchandani
Global Lead, Connecte...
© 2010 Cisco Systems, Inc. All rights reserved. Cisco ConfidentialC25-452149-00 4
…they are also home to increasing social...
© 2010 Cisco Systems, Inc. All rights reserved. Cisco ConfidentialC25-452149-00 5
A World in Transition
Source: Connecting...
© 2010 Cisco Systems, Inc. All rights reserved. Cisco ConfidentialC25-452149-00 6
Everything Becomes Connected
2004 200920...
© 2010 Cisco Systems, Inc. All rights reserved. Cisco ConfidentialC25-452149-00 7
Sustainability Services Delivered by Tec...
© 2010 Cisco Systems, Inc. All rights reserved. Cisco ConfidentialC25-452149-00 8
Create jobs, boost key industries,
and a...
© 2010 Cisco Systems, Inc. All rights reserved. Cisco ConfidentialC25-452149-00 9
Within 20 years, a city of 5 million can...
© 2010 Cisco Systems, Inc. All rights reserved. Cisco ConfidentialC25-452149-00 10
Smart+Connected Communities Tracks
Cisc...
© 2010 Cisco Systems, Inc. All rights reserved. Cisco ConfidentialC25-452149-00 11
Waterfront Toronto
A Comprehensive Smar...
© 2010 Cisco Systems, Inc. All rights reserved. Cisco ConfidentialC25-452149-00 12
© 2010 Cisco Systems, Inc. All rights reserved. Cisco ConfidentialC25-452149-00 13
Waterfront Toronto Living Lab: Network ...
© 2010 Cisco Systems, Inc. All rights reserved. Cisco ConfidentialC25-452149-00 14
© 2010 Cisco Systems, Inc. All rights reserved. Cisco ConfidentialC25-452149-00 15
SongDo
Community+Connect Services
© 2010 Cisco Systems, Inc. All rights reserved. Cisco ConfidentialC25-452149-00 16
Community+Connect
Delivering Comprehens...
© 2010 Cisco Systems, Inc. All rights reserved. Cisco ConfidentialC25-452149-00 17
Community+Connect: Delivering New
Servi...
© 2010 Cisco Systems, Inc. All rights reserved. Cisco ConfidentialC25-452149-00 18
From Incubation to Market Transition
Co...
© 2010 Cisco Systems, Inc. All rights reserved. Cisco ConfidentialC25-452149-00 19
Beyond Sticks and Bricks:
Projects Producing
Structural Economic
Change
Friday,
October 15
9:15 a.m. – 10:30 a.m.
Driving Economic Benefit
Tom Murcott
Executive Vice President, Chief Marketing Officer
Gale International
1922
2 B*
2001
6.1 B
Stan Gale and John B. Hynes III
create Gale International. Korean
government offers Songdo
opportunit...
Songdo International Business District
$35B/100M SF Development
Songdo International Business District
in 2003
1,500 Acres Reclaimed Land
600 Hectares
1,500 Acres
Integrated Master Plan and
Development Phasing
Songdo International Business District
Songdo International Business District
LEED-ND Pilot Program Project
Songdo Convensia
Largest Column-Free Span in Asia
300,000 SF/28,000 SM of Exhibition and Meeting Space
Songdo Convensia
Songdo Convensia
LEED Certified for New Construction
The # First World
1,600 Residential Units
The # First World
Home to 8,500 Residents
The # First World
Mixed Use: Residential, Retail, and Officetel
The # First World
Units Outfitted with the Latest Technology
Northeast Asia Trade Tower
Tallest Building in Korea at 68 Storeys
Northeast Asia Trade Tower
Prime Location Overlooking Central Park
Northeast Asia Trade Tower
2.1M SF Commercial, Retail, and Residential
Chadwick International School
Opened September 2010
Chadwick International School
2,050 Student Capacity
Faculty to Student Ratio of 1:10
Chadwick International School
Innovative Learning Spaces for Grades K-12
Chadwick International School
State of the Art Facilities
Chadwick International School
POSCO E&C Headquarters
Two 39 Storey Towers
POSCO E&C Headquarters
3,200 People Will Work In Towers
POSCO E&C Headquarters
Occupied March 2010
Songdo Central Park
100 Acres of Open Green Space
Songdo IBD Highlights
•Songdo Convensia Convention Center Opens August 2008
• #1st World Occupied January 2009
• Sheraton ...
Songdo Central Park
Hybrid Solar Water Taxi Transit System
Sheraton Incheon Hotel
319 Guest Rooms and Suites
Sheraton Incheon Hotel
First Five-Star Hotel in Incheon
Sheraton Incheon Hotel
LEED Silver Rating for New Construction
Jack Nicklaus Golf Club Korea
18 Hole Championship Golf Course
Jack Nicklaus Golf Club Korea
Hosted 2010 PGA Champions Tour
Jack Nicklaus Golf Club Korea
Only Jack Nicklaus Signature Course in Korea
Canal Walk
800 Meter Low Rise Mega Block With
Integrated Retail and Residential
Canal Walk
345 Officetel Units
Songdo IBD Highlights
•Songdo Convensia Convention Center Opens August 2008
• #1st World Occupied January 2009
• Sheraton ...
The # Central Park I
3 High-Rise Apartment Towers
The # Central Park I
729 Residential Units
The # Central Park II
650 Residential Units
The # Expo
1,400 Residential Units
The # Harbor View I
845 Residential Units
1,050 Residential Units
XI Harbor View
600 Residential Units
Songdo Prugio
Beyond Sticks and Bricks:
Projects Producing
Structural Economic
Change
Friday,
October 15
9:15 a.m. – 10:30 a.m.
MISSION BAY
San Francisco Redevelopment Agency
San Francisco Redevelopment Agency
Mission Bay
Railyards to Biotech
(A brow...
MISSION BAY
San Francisco Redevelopment Agency
MISSION BAY
San Francisco Redevelopment Agency
Historic Mission Bay
MISSION BAY
San Francisco Redevelopment Agency
Historic Mission Bay
MISSION BAY
San Francisco Redevelopment Agency
1990
MISSION BAY
San Francisco Redevelopment Agency
Mid 1990’s Mission Bay Planning Challenges…
• Brownfields Site
• Landfill—g...
MISSION BAY
San Francisco Redevelopment Agency
Public Goals in New Mission Bay Plan
• Reclaim brownfields site for urban g...
MISSION BAY
San Francisco Redevelopment Agency
Mission Bay Development Plan-approved 1998
• 6,000 residential units, ave.
...
MISSION BAY
San Francisco Redevelopment Agency
Economic Development Strategy
• UCSF as Mission Bay economic driver
• SF’s ...
MISSION BAY
San Francisco Redevelopment Agency
Economic Development Strategy
• UCSF as “magnet” for
biotechnology cluster
...
MISSION BAY
San Francisco Redevelopment Agency
10 Years of Progress
MISSION BAY
San Francisco Redevelopment Agency
UCSF Campus • 5 Research buildings
completed—1 million sq ft
• Campus Commu...
MISSION BAY
San Francisco Redevelopment Agency
Private Commercial Development to Date
• 7 projects totaling 1.5 million sf...
MISSION BAY
San Francisco Redevelopment Agency
MISSION BAY
San Francisco Redevelopment Agency
Public Private Partnership
Public Inputs
• Public financing for
infrastruct...
MISSION BAY
San Francisco Redevelopment Agency
Elements of Success—
• Private/political/institutional will
• Political and...
MISSION BAY
San Francisco Redevelopment Agency
Current issue—infrastructure funding to
keep development moving
• Costs muc...
MISSION BAY
San Francisco Redevelopment Agency
Beyond Sticks and Bricks:
Projects Producing
Structural Economic
Change
Friday,
October 15
9:15 a.m. – 10:30 a.m.
The “Science City”
Life Sciences Cluster
Vision – Plan – Execution
Montgomery County, MD October 2010
Maryland Regional Context Map
A “World Class” Life Sciences Cluster
Great Seneca Science Corridor Master Plan
Key Land Use Elements of the “Science City” Plan:
Mixed Use Density at New Trans...
2010 Great Seneca Science Corridor (GSSC)
Master Plan: Key Facts
Approved 2010 Master Plan
Commercial (sf) 17,500,000
Dwel...
Three Objectives for the “Science City”
A New BioScience Community
advancing
Health for the World
 Advancing Health, Scie...
Developing the “Science City”
Life Sciences Cluster
Three Stages
 Stage 1: Creating the Vision 2005-2010
 Creating (and ...
Asia’s “World Class” Campuses
% GDP in R&D and Scale
and Transit Oriented with Mixed Uses
Biopolis – Singapore – 12 m sf
N...
Life Sciences Cluster Research
Lessons Learned
A “World Class” Applied Science Community includes:
 Green & Smart Growth:...
Montgomery County’s Economic Development Plan
to Advance and Commercialize Applied Life Sciences
Enhance
regulatory decision
making
Opportunities
presented by
science
Improve
patient care
Expedite drug
development
proce...
Montgomery County’s Applied Research Triangle
Within Maryland’s Life Sciences Research Cluster
The Collaboration Model in ...
EDUCATION:
4,000+ part-time graduate students in:
Bloomberg School of Public Health
Carey Business School
Krieger School o...
GSSC Economic Development Benefits for
Montgomery County
The “Science City” to generate, over the next 20 years*:
 84,000...
GSSC Economic Development Benefits for
the State of Maryland
The “Science City” to generate, over the next 20 years*:
 10...
For additional information
Please Contact:
David McDonough
Johns Hopkins Real Estate
dmcdonough@jhu.edu
Beyond Sticks and Bricks:
Projects Producing
Structural Economic
Change
Friday,
October 15
9:15 a.m. – 10:30 a.m.
Beyond Sticks and Bricks
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Beyond Sticks and Bricks

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2010 ULI Fall Meeting Presentation
October 15, 2010
9:15 am to 10:30 am

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Transcript of "Beyond Sticks and Bricks"

  1. 1. Beyond Sticks and Bricks: Projects Producing Structural Economic Change Friday, October 15 9:15 a.m. – 10:30 a.m.
  2. 2. Marilyn Jordan Taylor (moderator) Dean and Paley Professor, School of Design, University of Pennsylvania Relina Bulchandani Global Lead, Connected Real Estate, IBSG, Cisco Tom Murcott Executive Vice President and Chief Marketing Officer, Gale International Amy Neches Senior Project Manager, San Francisco Redevelopment Agency David M. McDonough Senior Director, Johns Hopkins Real Estate
  3. 3. © 2010 Cisco Systems, Inc. All rights reserved. Cisco ConfidentialC25-452149-00 3 Relina Bulchandani Global Lead, Connected Real Estate, IBSG The Smart+Connected Community of Tomorrow, Today. IBSG © 2010 Cisco
  4. 4. © 2010 Cisco Systems, Inc. All rights reserved. Cisco ConfidentialC25-452149-00 4 …they are also home to increasing social disparities, poverty, pollution, waste, and environmental problems.” - UN Habitat Report, 2008 “More than ever before, cities are home to humanity’s great expectations…
  5. 5. © 2010 Cisco Systems, Inc. All rights reserved. Cisco ConfidentialC25-452149-00 5 A World in Transition Source: Connecting Cities: Achieving Sustainability Through Innovation Nicola Villa and Wolfgang Wagener, Cisco IBSG Big cities getting bigger; 100 new cities with one million residents by 2025 Village economies transitioning from agriculture-based to industry-based Trillions of dollars in stimulus packages worldwide for infrastructure 50% of world population urban by 2008, 60% by 2030 500M people urbanized in the next five years
  6. 6. © 2010 Cisco Systems, Inc. All rights reserved. Cisco ConfidentialC25-452149-00 6 Everything Becomes Connected 2004 20092005 2006 2007 2008 2011 2012 20132010 300 Million Devices 1 Trillion Source: Forrester Research, Cisco Evolution of the internet 400M devices connected - cars, buildings, hospitals, schools, government…everything is connected!
  7. 7. © 2010 Cisco Systems, Inc. All rights reserved. Cisco ConfidentialC25-452149-00 7 Sustainability Services Delivered by Technology Protecting the world for future generations EnvironmentalSocial Enhanced quality of life for citizens Continuous job and business growth Economic
  8. 8. © 2010 Cisco Systems, Inc. All rights reserved. Cisco ConfidentialC25-452149-00 8 Create jobs, boost key industries, and attract new businesses Provide services to enhance citizen quality of life and social inclusion Decrease environmental impact Economic Social Environmental The Sustainability Advantage of Smart+Connected Communities
  9. 9. © 2010 Cisco Systems, Inc. All rights reserved. Cisco ConfidentialC25-452149-00 9 Within 20 years, a city of 5 million can drive Source: Connecting Cities: Achieving Sustainability Through Innovation Nicola Villa and Wolfgang Wagener, Cisco IBSG City Revenues +$15B Energy Efficiency +30% New jobs 375,000 GDP Growth 9.5% The Benefits of Smart+Connected Communities
  10. 10. © 2010 Cisco Systems, Inc. All rights reserved. Cisco ConfidentialC25-452149-00 10 Smart+Connected Communities Tracks Cisco Globalisation Center East - A model for Smart+Connected Communities Smart+Connected Transportation Smart+Connected Real Estate Smart+Connected Safety and Security Smart+Connected Utilities Smart+Connected Learning Smart+Connected Government Smart+Connected Health Smart+Connected Sports and Entertainment
  11. 11. © 2010 Cisco Systems, Inc. All rights reserved. Cisco ConfidentialC25-452149-00 11 Waterfront Toronto A Comprehensive Smart+Connected Approach
  12. 12. © 2010 Cisco Systems, Inc. All rights reserved. Cisco ConfidentialC25-452149-00 12
  13. 13. © 2010 Cisco Systems, Inc. All rights reserved. Cisco ConfidentialC25-452149-00 13 Waterfront Toronto Living Lab: Network based Smart + Connected Community Services Solutions Innovation Center i-Waterfront Infrastructure Platform  Digital Media  Connected Workspaces  Commercialization  Connected Mobility and Wireless  Connected Learning and Teaching  Community Wellness  Smart Homes  E-Governance  Connected Safety and Security  Sustainable Connected Buildings and Homes  Connected Transportation  Optimized City Infrastructure and Logistics  Energy Controller  Connected Ut ilities
  14. 14. © 2010 Cisco Systems, Inc. All rights reserved. Cisco ConfidentialC25-452149-00 14
  15. 15. © 2010 Cisco Systems, Inc. All rights reserved. Cisco ConfidentialC25-452149-00 15 SongDo Community+Connect Services
  16. 16. © 2010 Cisco Systems, Inc. All rights reserved. Cisco ConfidentialC25-452149-00 16 Community+Connect Delivering Comprehensive Services to Citizens as they Live, Work, Learn, and Play in a Smart+Connected Community Home Wellness Office Shopping Learning Fan Transportation Government
  17. 17. © 2010 Cisco Systems, Inc. All rights reserved. Cisco ConfidentialC25-452149-00 17 Community+Connect: Delivering New Services To Constituents in New Ways
  18. 18. © 2010 Cisco Systems, Inc. All rights reserved. Cisco ConfidentialC25-452149-00 18 From Incubation to Market Transition Connected Urban Development Brownfield & Urban Regeneration Greenfield Cities Colorado Connected Communities Initiative Barcelona Holyoke Toronto San Francisco India Lavasa China Chongqing China Chengdu South Korea Songdo San Francisco EcoMap Qatar Gate Building Singapore EPIC NYC Yankee Stadium Amsterdam Smart WorkCenters Seoul Personal Travel Assistant Kuwait: Al Hamra Tower
  19. 19. © 2010 Cisco Systems, Inc. All rights reserved. Cisco ConfidentialC25-452149-00 19
  20. 20. Beyond Sticks and Bricks: Projects Producing Structural Economic Change Friday, October 15 9:15 a.m. – 10:30 a.m.
  21. 21. Driving Economic Benefit Tom Murcott Executive Vice President, Chief Marketing Officer Gale International
  22. 22. 1922 2 B* 2001 6.1 B Stan Gale and John B. Hynes III create Gale International. Korean government offers Songdo opportunity. 1950 1985 2009 2050 9.5 B Boston Redevelopment Authority created by John B. Hynes Stan Gale formed the Gale Company Opening of Songdo IBD Daniel Gale Agency Est. 2005 Songdo IBD breaks ground 27 megacities will exist *World population: US Census History of Gale International
  23. 23. Songdo International Business District $35B/100M SF Development
  24. 24. Songdo International Business District in 2003 1,500 Acres Reclaimed Land 600 Hectares 1,500 Acres
  25. 25. Integrated Master Plan and Development Phasing Songdo International Business District
  26. 26. Songdo International Business District LEED-ND Pilot Program Project
  27. 27. Songdo Convensia Largest Column-Free Span in Asia
  28. 28. 300,000 SF/28,000 SM of Exhibition and Meeting Space Songdo Convensia
  29. 29. Songdo Convensia LEED Certified for New Construction
  30. 30. The # First World 1,600 Residential Units
  31. 31. The # First World Home to 8,500 Residents
  32. 32. The # First World Mixed Use: Residential, Retail, and Officetel
  33. 33. The # First World Units Outfitted with the Latest Technology
  34. 34. Northeast Asia Trade Tower Tallest Building in Korea at 68 Storeys
  35. 35. Northeast Asia Trade Tower Prime Location Overlooking Central Park
  36. 36. Northeast Asia Trade Tower 2.1M SF Commercial, Retail, and Residential
  37. 37. Chadwick International School Opened September 2010
  38. 38. Chadwick International School 2,050 Student Capacity
  39. 39. Faculty to Student Ratio of 1:10 Chadwick International School
  40. 40. Innovative Learning Spaces for Grades K-12 Chadwick International School
  41. 41. State of the Art Facilities Chadwick International School
  42. 42. POSCO E&C Headquarters Two 39 Storey Towers
  43. 43. POSCO E&C Headquarters 3,200 People Will Work In Towers
  44. 44. POSCO E&C Headquarters Occupied March 2010
  45. 45. Songdo Central Park 100 Acres of Open Green Space
  46. 46. Songdo IBD Highlights •Songdo Convensia Convention Center Opens August 2008 • #1st World Occupied January 2009 • Sheraton Incheon Hotel Opens August 1, 2009 • Central Park Opens August 4, 2009 • Songdo International Business District Officially Opens August 7, 2009 • POSCO E&C Moves Headquarters to Songdo March 2010 • Canal Walk Occupied May 2010 • Chadwick International School Opens September 7, 2010 • Senior PGA Tour Championship Begins September 10, 2010 5,900 Ft/1.8 KM Long Salt Water Canal Songdo Central Park
  47. 47. Songdo Central Park Hybrid Solar Water Taxi Transit System
  48. 48. Sheraton Incheon Hotel 319 Guest Rooms and Suites
  49. 49. Sheraton Incheon Hotel First Five-Star Hotel in Incheon
  50. 50. Sheraton Incheon Hotel LEED Silver Rating for New Construction
  51. 51. Jack Nicklaus Golf Club Korea 18 Hole Championship Golf Course
  52. 52. Jack Nicklaus Golf Club Korea Hosted 2010 PGA Champions Tour
  53. 53. Jack Nicklaus Golf Club Korea Only Jack Nicklaus Signature Course in Korea
  54. 54. Canal Walk 800 Meter Low Rise Mega Block With Integrated Retail and Residential
  55. 55. Canal Walk 345 Officetel Units
  56. 56. Songdo IBD Highlights •Songdo Convensia Convention Center Opens August 2008 • #1st World Occupied January 2009 • Sheraton Incheon Hotel Opens August 1, 2009 • Central Park Opens August 4, 2009 • Songdo International Business District Officially Opens August 7, 2009 • POSCO E&C Moves Headquarters to Songdo March 2010 • Canal Walk Occupied May 2010 • Chadwick International School Opens September 7, 2010 • Senior PGA Tour Championship Begins September 10, 2010 Canal Walk Shopping, Dining, and Entertainment
  57. 57. The # Central Park I 3 High-Rise Apartment Towers
  58. 58. The # Central Park I 729 Residential Units
  59. 59. The # Central Park II 650 Residential Units
  60. 60. The # Expo 1,400 Residential Units
  61. 61. The # Harbor View I 845 Residential Units
  62. 62. 1,050 Residential Units XI Harbor View
  63. 63. 600 Residential Units Songdo Prugio
  64. 64. Beyond Sticks and Bricks: Projects Producing Structural Economic Change Friday, October 15 9:15 a.m. – 10:30 a.m.
  65. 65. MISSION BAY San Francisco Redevelopment Agency San Francisco Redevelopment Agency Mission Bay Railyards to Biotech (A brownfield, sustainable, urban infill, transit oriented, smart growth, public private partnership, master planned community) Urban Land Institute – October 15, 2010 Amy Neches
  66. 66. MISSION BAY San Francisco Redevelopment Agency
  67. 67. MISSION BAY San Francisco Redevelopment Agency Historic Mission Bay
  68. 68. MISSION BAY San Francisco Redevelopment Agency Historic Mission Bay
  69. 69. MISSION BAY San Francisco Redevelopment Agency 1990
  70. 70. MISSION BAY San Francisco Redevelopment Agency Mid 1990’s Mission Bay Planning Challenges… • Brownfields Site • Landfill—geotechnical issues • Little existing infrastructure • Difficult political environment with previous failed plans and Opportunities • Great location-ballpark, downtown, waterfront • Well-served by transit and roadways • Motivated developer and public agencies
  71. 71. MISSION BAY San Francisco Redevelopment Agency Public Goals in New Mission Bay Plan • Reclaim brownfields site for urban growth in close proximity to financial district • High density, sustainable, “transit-first” community • New housing, with high affordable housing component • Job creation, emphasizing technology and life science research. • New infrastructure w Parks for larger area, transportation improvements that link to low income Southeast neighborhoods • Planning process to create community consensus to support new plan
  72. 72. MISSION BAY San Francisco Redevelopment Agency Mission Bay Development Plan-approved 1998 • 6,000 residential units, ave. density 150 units/acre, 30% affordable • 4.5 million sq. ft. commercial/biotech • UCSF research campus and hospital • 500 room hotel • Neighborhood-serving retail • Public school, fire/police station, library • 43 acres of public parks
  73. 73. MISSION BAY San Francisco Redevelopment Agency Economic Development Strategy • UCSF as Mission Bay economic driver • SF’s 2nd largest employer • Perennial leader in NIH funding w success in technology spin-offs • Needed new campus—considering 3 sites • Catellus and City donated 43 acres for 2.65 MM square foot campus— “loss leader” • UCSF purchased 14 acres for 550 bed hospital
  74. 74. MISSION BAY San Francisco Redevelopment Agency Economic Development Strategy • UCSF as “magnet” for biotechnology cluster • 4.5 MM sf of private commercial development • 31,000 new permanent jobs = 5.6% of ALL SF jobs • High paying jobs at all skill levels • Heart of SF Technology corridor
  75. 75. MISSION BAY San Francisco Redevelopment Agency 10 Years of Progress
  76. 76. MISSION BAY San Francisco Redevelopment Agency UCSF Campus • 5 Research buildings completed—1 million sq ft • Campus Community Center • Campus housing • Hospital- construction in 2010
  77. 77. MISSION BAY San Francisco Redevelopment Agency Private Commercial Development to Date • 7 projects totaling 1.5 million sf • Most development through a large biotech REIT • CIRM (CA Stem Cell Institute), Fibrogen, Celgene, Nektar, Gap, are major tenants • City policies help support biotech—limited tax breaks • Successful multi level training for jobs • City aggressively pursues technology/biotech tenants
  78. 78. MISSION BAY San Francisco Redevelopment Agency
  79. 79. MISSION BAY San Francisco Redevelopment Agency Public Private Partnership Public Inputs • Public financing for infrastructure (but capped to new value of MB development) • Land • State investments in UCSF • Leadership—for entitlements and implementation Private Inputs • Land • At risk investments in entitlements and horizontal development • Development expertise
  80. 80. MISSION BAY San Francisco Redevelopment Agency Elements of Success— • Private/political/institutional will • Political and economic feasibility • Public-private partnership • Alignment of interests in each other’s progress • Public financing supports infrastructure and affordable housing • Location – bayfront & downtown—and transit • Ballpark and UCSF as “drivers” • Market forces: “nimble” land use plan • Developer-driven flexibility • Streamlined entitlement/design review process
  81. 81. MISSION BAY San Francisco Redevelopment Agency Current issue—infrastructure funding to keep development moving • Costs much higher than expected • Funding from “tax increment” limited by pace of vertical construction • Need to ensure sites are ready for development • Secured-- $2.5 million Federal + $4.7 million State “stimulus” funds • Pending--$85 million in Federal applications, including $35 million TIGER II grant
  82. 82. MISSION BAY San Francisco Redevelopment Agency
  83. 83. Beyond Sticks and Bricks: Projects Producing Structural Economic Change Friday, October 15 9:15 a.m. – 10:30 a.m.
  84. 84. The “Science City” Life Sciences Cluster Vision – Plan – Execution Montgomery County, MD October 2010
  85. 85. Maryland Regional Context Map A “World Class” Life Sciences Cluster
  86. 86. Great Seneca Science Corridor Master Plan Key Land Use Elements of the “Science City” Plan: Mixed Use Density at New Transit Stations
  87. 87. 2010 Great Seneca Science Corridor (GSSC) Master Plan: Key Facts Approved 2010 Master Plan Commercial (sf) 17,500,000 Dwelling units 9,000 Jobs 80,0001 – 100,0002 Zoning Mixed Use Size 900 Acres Note 1: Full time jobs within the County Note 2: Full time jobs within the State
  88. 88. Three Objectives for the “Science City” A New BioScience Community advancing Health for the World  Advancing Health, Science and Education  The pre-eminent Biotech Center in the US and the World  Attracting the “Best and Brightest”  Fostering Collaboration across Government, Higher Education and Industry  80,000-100,000 science based jobs and support positions over the next 30 years  Great Place to Live, Learn,Work and Play  Dynamic mix of residential, commercial, recreational, cultural uses  Transit Oriented, smart growth, green sustainable design
  89. 89. Developing the “Science City” Life Sciences Cluster Three Stages  Stage 1: Creating the Vision 2005-2010  Creating (and advancing) the Land Use Vision  Creating (and advancing) the Economic Development Vision  Stage 2: Developing the Plan 2006-2010  Developing the Land Use Plan  Developing the Economic Development Plan  Stage 3: Executing the Plan 2010-2030  Building Out the Land Use Plan  Implementing the Economic Development Plan
  90. 90. Asia’s “World Class” Campuses % GDP in R&D and Scale and Transit Oriented with Mixed Uses Biopolis – Singapore – 12 m sf New Songdo City – South Korea – 60 m sfVedanta – India - 52 m sf Guangzhou – China – 100 m sf
  91. 91. Life Sciences Cluster Research Lessons Learned A “World Class” Applied Science Community includes:  Green & Smart Growth: Transit Oriented Development  An Active Mix of Uses: Work and Live and Play  Employees: Lively Environment to Attract the Creative Class  Scale: Global Competitors Run from 12 to 100 M sf  Density: Research is a Contact Sport=Tall Bldgs/Avoid Isolation  IT Platform: Informatics Driven Discoveries = Supercomputing  Long Term Federal Support: Increase % GDP to Research  Managed Collaborations: Electronic and People Networks (Entrepreneurs, Collaboration Managers & Private Capital)  Speed To Market: Asia = 10 year Build Outs vs US Local Planning
  92. 92. Montgomery County’s Economic Development Plan to Advance and Commercialize Applied Life Sciences
  93. 93. Enhance regulatory decision making Opportunities presented by science Improve patient care Expedite drug development process FDA NIH PUBLIC INDUSTRY PARTNERING FOR THE PUBLIC HEALTH Federal – University – Industry Collaboration Fostering Inter-Discipline Inter-Sector Collaboration
  94. 94. Montgomery County’s Applied Research Triangle Within Maryland’s Life Sciences Research Cluster The Collaboration Model in Montgomery County Federal Labs & the GSSC Portal Commercializing the Region’s Applied Life Science Assets
  95. 95. EDUCATION: 4,000+ part-time graduate students in: Bloomberg School of Public Health Carey Business School Krieger School of Arts & Sciences School of Education Whiting School of Engineering The Collaboration & Commercialization Model at Hopkins MCC NON-PROFITS STAND-ALONE COMPANIES: RESEARCH CENTERS: Federal Labs
  96. 96. GSSC Economic Development Benefits for Montgomery County The “Science City” to generate, over the next 20 years*:  84,000 new annual full and part time science related jobs  (60,000 within the Shady Grove Life Sciences Center)  $11 billion in annual goods and services for businesses  $176 million in annual County tax revenues * Sage Policy Group Draft Vision 2030 Economic Impact Analysis, June,2008
  97. 97. GSSC Economic Development Benefits for the State of Maryland The “Science City” to generate, over the next 20 years*:  101,000 new annual full and part time science related jobs  $13 billion in annual goods and services for businesses  $322 million in annual State tax revenues * Sage Policy Group Draft Vision 2030 Economic Impact Analysis, June,2008
  98. 98. For additional information Please Contact: David McDonough Johns Hopkins Real Estate dmcdonough@jhu.edu
  99. 99. Beyond Sticks and Bricks: Projects Producing Structural Economic Change Friday, October 15 9:15 a.m. – 10:30 a.m.
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