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A Cross Town Rivalry: UCLA and USC, Engines for Real Estate Development (Scott Hunter) - ULI Fall Meeting 102611
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A Cross Town Rivalry: UCLA and USC, Engines for Real Estate Development (Scott Hunter) - ULI Fall Meeting 102611


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  • Creating a Research Mecca: -Regional Innovation Clusters: Los Angeles -Entertainment overlap with Computer Science- Digital Media -Bio-medical Research and Manufacturing - Aerospace and Manufacturing -How do we make the impact of the university visible and enticing to partners, capital partners, other entrepreneurs and affiliates? -How does R&D co-exist with a live work play environment?
  • RICs Key Concepts: Technology Transfer University-based Incubation Trans-disciplinary Research Co-location \\Live - Work - Play
  • Convene Disparate Communities Research and Regional Asset Management Address Gaps
  • Transcript

    • 1. A Cross Town Rivalry: UCLA and USC Engines for Real Estate Development Scott B. Hunter, AIA LEED AP, HKS Architects , Moderator Kristina Raspe, Senior Vice President, USC Steve Olsen, Vice Chancellor and CFO, UCLA
    • 2. Scott Hunter, AIA LEED AP, Principal
    • 3. Growing the Pie Source: PWC- Economic Views, Future Industry Clusters “ Expansion and development are two different things. Development is differentiation of what already existed…Expansion is an actual growth in size or volume of activity. That is a different thing.” Jane Jacobs
    • 4. Regional Innovation Clusters (RICs) Source:
    • 5. MIT and Kendall Square, Cambridge MA -Razed land cleared to make way for NASA prior to JFK assassination- sat empty after ‘63 until ’90’s- “Nowhere Square” -MIT and Cambridge Redevelopment Agency -Cambridge Innovation Center, home to over 400 high tech start ups -MIT alumni-run companies together would be the 17 th largest economy in the world* -MIT currently proposing to add retail and housing to create a live work play environment Sources: Cambridge Innovation Center New England Clean Energy Council
    • 6. Stanford University and Silicon Valley -Partnership with Stanford Computer -Science, Business School - Entreprenuerial Ecosystem -Venture Capital, Legal, Tech Partners
    • 7. UC San Diego and La Jolla, CA Life Sciences Technology Cluster -Salk Institute -Sanford Burnham Medical Research Institute -Scripps Translational Science Institute -Scripps Institute of Oceanography -among many others…. Source: Scripps Translational Science Institute, 2011
    • 8. Seoul, Korea and the Digital Media City -Korean Government sought to enhance reputation as “world’s most wired nation” -1973- 1993 was City landfill -Government remediated site, provided roads and infrastructure -Set guidelines for masterplan, provided financial incentives to attract preferred magnet tenants -Digital Media Street is a showcase for new products in a lifestyle entertainment contex t Key Planning advisor was Michael Joroff of the Massachusetts Institute of Technology (MIT) who also advises on the development of MediaCityUK in Salford , Greater Manchester , England , and Digital Mile in Zaragoza , Spain