SlideShare una empresa de Scribd logo
1 de 100
Descargar para leer sin conexión
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 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
© 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
© 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…
© 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
© 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!
© 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
© 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
© 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
© 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
© 2010 Cisco Systems, Inc. All rights reserved. Cisco ConfidentialC25-452149-00 11
Waterfront Toronto
A Comprehensive Smart+Connected Approach
© 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 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
© 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 Comprehensive Services to Citizens as they Live, Work, Learn,
and Play in a Smart+Connected Community
Home Wellness Office
Shopping Learning Fan
Transportation Government
© 2010 Cisco Systems, Inc. All rights reserved. Cisco ConfidentialC25-452149-00 17
Community+Connect: Delivering New
Services To Constituents in New Ways
© 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
© 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
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
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 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
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 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
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 brownfield, sustainable, urban infill, transit oriented, smart growth,
public private partnership, master planned community)
Urban Land Institute – October 15, 2010
Amy Neches
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—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
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
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
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
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
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 Community Center
• Campus housing
• Hospital- construction in 2010
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
MISSION BAY
San Francisco Redevelopment Agency
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
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
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
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 Transit Stations
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
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
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
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
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
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
process
FDA NIH
PUBLIC INDUSTRY
PARTNERING
FOR THE
PUBLIC HEALTH
Federal – University – Industry Collaboration
Fostering Inter-Discipline Inter-Sector Collaboration
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
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
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
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
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.

Más contenido relacionado

Similar a Beyond Sticks and Bricks

Cisco presentation at CNA Openning at Thu Duc College of Technology on 28 Oct...
Cisco presentation at CNA Openning at Thu Duc College of Technology on 28 Oct...Cisco presentation at CNA Openning at Thu Duc College of Technology on 28 Oct...
Cisco presentation at CNA Openning at Thu Duc College of Technology on 28 Oct...Son Phan
 
Business innovation rick huijbregts 16oct2013
Business innovation   rick huijbregts 16oct2013Business innovation   rick huijbregts 16oct2013
Business innovation rick huijbregts 16oct2013Rick Huijbregts
 
CCET-GBC Fueling Innovation for Construction and Real Estate with IoE
CCET-GBC Fueling Innovation for Construction and Real Estate with IoECCET-GBC Fueling Innovation for Construction and Real Estate with IoE
CCET-GBC Fueling Innovation for Construction and Real Estate with IoERick Huijbregts
 
Harvard GSD Exec.Ed Leading Organizations _ lecture, february 5 2014
Harvard GSD Exec.Ed Leading Organizations _ lecture, february 5 2014Harvard GSD Exec.Ed Leading Organizations _ lecture, february 5 2014
Harvard GSD Exec.Ed Leading Organizations _ lecture, february 5 2014Rick Huijbregts
 
IoT / IoE for Cisco Connect (Regina, Fredericton, and Moncton) 2013
IoT / IoE for Cisco Connect (Regina, Fredericton, and Moncton) 2013IoT / IoE for Cisco Connect (Regina, Fredericton, and Moncton) 2013
IoT / IoE for Cisco Connect (Regina, Fredericton, and Moncton) 2013Rick Huijbregts
 
Smart Connected Cities Cisco Vision & Perspective by Ravinder Pal Singh
Smart Connected Cities Cisco Vision & Perspective by Ravinder Pal SinghSmart Connected Cities Cisco Vision & Perspective by Ravinder Pal Singh
Smart Connected Cities Cisco Vision & Perspective by Ravinder Pal SinghIPPAI
 
Internet of Things - ITAC/IDC Symposium
Internet of Things - ITAC/IDC SymposiumInternet of Things - ITAC/IDC Symposium
Internet of Things - ITAC/IDC SymposiumRick Huijbregts
 
Talk to MOE educators@Singapore Science Centre for Animate@South Zone
Talk to MOE educators@Singapore Science Centre for Animate@South ZoneTalk to MOE educators@Singapore Science Centre for Animate@South Zone
Talk to MOE educators@Singapore Science Centre for Animate@South ZoneJames Chan
 
Monetizing the Internet of Everything: Media Session fact sheet at Cisco Part...
Monetizing the Internet of Everything: Media Session fact sheet at Cisco Part...Monetizing the Internet of Everything: Media Session fact sheet at Cisco Part...
Monetizing the Internet of Everything: Media Session fact sheet at Cisco Part...Marc Musgrove
 
Data, Technology, and Innovation: Platform for Change
Data, Technology, and Innovation: Platform for ChangeData, Technology, and Innovation: Platform for Change
Data, Technology, and Innovation: Platform for ChangeCisco Canada
 
inovaDay - TIC e Concorrência Sustentável das Cidades
inovaDay - TIC e Concorrência Sustentável das CidadesinovaDay - TIC e Concorrência Sustentável das Cidades
inovaDay - TIC e Concorrência Sustentável das CidadesinovaDay .
 
George Brown College - TECH DAY 2014
George Brown College - TECH DAY 2014George Brown College - TECH DAY 2014
George Brown College - TECH DAY 2014Rick Huijbregts
 
Songdo, City of the Future
Songdo, City of the FutureSongdo, City of the Future
Songdo, City of the FutureSoleiman
 
Intelligent cities 4 - Strategies
Intelligent cities 4 - StrategiesIntelligent cities 4 - Strategies
Intelligent cities 4 - StrategiesNicos Komninos
 
Internet of Everything European Union presentation
Internet of Everything European Union presentation Internet of Everything European Union presentation
Internet of Everything European Union presentation Alison Stokes
 
Toronto Real Estate Board, Realtor Quest 2016
Toronto Real Estate Board, Realtor Quest 2016Toronto Real Estate Board, Realtor Quest 2016
Toronto Real Estate Board, Realtor Quest 2016Rick Huijbregts
 

Similar a Beyond Sticks and Bricks (20)

Cities of the Future: Where The Internet of Everything is Connecting the Unco...
Cities of the Future: Where The Internet of Everything is Connecting the Unco...Cities of the Future: Where The Internet of Everything is Connecting the Unco...
Cities of the Future: Where The Internet of Everything is Connecting the Unco...
 
Cisco presentation at CNA Openning at Thu Duc College of Technology on 28 Oct...
Cisco presentation at CNA Openning at Thu Duc College of Technology on 28 Oct...Cisco presentation at CNA Openning at Thu Duc College of Technology on 28 Oct...
Cisco presentation at CNA Openning at Thu Duc College of Technology on 28 Oct...
 
Business innovation rick huijbregts 16oct2013
Business innovation   rick huijbregts 16oct2013Business innovation   rick huijbregts 16oct2013
Business innovation rick huijbregts 16oct2013
 
CCET-GBC Fueling Innovation for Construction and Real Estate with IoE
CCET-GBC Fueling Innovation for Construction and Real Estate with IoECCET-GBC Fueling Innovation for Construction and Real Estate with IoE
CCET-GBC Fueling Innovation for Construction and Real Estate with IoE
 
Harvard GSD Exec.Ed Leading Organizations _ lecture, february 5 2014
Harvard GSD Exec.Ed Leading Organizations _ lecture, february 5 2014Harvard GSD Exec.Ed Leading Organizations _ lecture, february 5 2014
Harvard GSD Exec.Ed Leading Organizations _ lecture, february 5 2014
 
IoT / IoE for Cisco Connect (Regina, Fredericton, and Moncton) 2013
IoT / IoE for Cisco Connect (Regina, Fredericton, and Moncton) 2013IoT / IoE for Cisco Connect (Regina, Fredericton, and Moncton) 2013
IoT / IoE for Cisco Connect (Regina, Fredericton, and Moncton) 2013
 
Smart Connected Cities Cisco Vision & Perspective by Ravinder Pal Singh
Smart Connected Cities Cisco Vision & Perspective by Ravinder Pal SinghSmart Connected Cities Cisco Vision & Perspective by Ravinder Pal Singh
Smart Connected Cities Cisco Vision & Perspective by Ravinder Pal Singh
 
Internet of Things - ITAC/IDC Symposium
Internet of Things - ITAC/IDC SymposiumInternet of Things - ITAC/IDC Symposium
Internet of Things - ITAC/IDC Symposium
 
PK ALEXANDRIA.pdf
PK ALEXANDRIA.pdfPK ALEXANDRIA.pdf
PK ALEXANDRIA.pdf
 
Talk to MOE educators@Singapore Science Centre for Animate@South Zone
Talk to MOE educators@Singapore Science Centre for Animate@South ZoneTalk to MOE educators@Singapore Science Centre for Animate@South Zone
Talk to MOE educators@Singapore Science Centre for Animate@South Zone
 
Monetizing the Internet of Everything: Media Session fact sheet at Cisco Part...
Monetizing the Internet of Everything: Media Session fact sheet at Cisco Part...Monetizing the Internet of Everything: Media Session fact sheet at Cisco Part...
Monetizing the Internet of Everything: Media Session fact sheet at Cisco Part...
 
Data, Technology, and Innovation: Platform for Change
Data, Technology, and Innovation: Platform for ChangeData, Technology, and Innovation: Platform for Change
Data, Technology, and Innovation: Platform for Change
 
inovaDay - TIC e Concorrência Sustentável das Cidades
inovaDay - TIC e Concorrência Sustentável das CidadesinovaDay - TIC e Concorrência Sustentável das Cidades
inovaDay - TIC e Concorrência Sustentável das Cidades
 
George Brown College - TECH DAY 2014
George Brown College - TECH DAY 2014George Brown College - TECH DAY 2014
George Brown College - TECH DAY 2014
 
Smart Markham 2014
Smart Markham 2014Smart Markham 2014
Smart Markham 2014
 
Smart City Strategy
Smart City StrategySmart City Strategy
Smart City Strategy
 
Songdo, City of the Future
Songdo, City of the FutureSongdo, City of the Future
Songdo, City of the Future
 
Intelligent cities 4 - Strategies
Intelligent cities 4 - StrategiesIntelligent cities 4 - Strategies
Intelligent cities 4 - Strategies
 
Internet of Everything European Union presentation
Internet of Everything European Union presentation Internet of Everything European Union presentation
Internet of Everything European Union presentation
 
Toronto Real Estate Board, Realtor Quest 2016
Toronto Real Estate Board, Realtor Quest 2016Toronto Real Estate Board, Realtor Quest 2016
Toronto Real Estate Board, Realtor Quest 2016
 

Más de Virtual ULI

Will balthrope, Multifamily Development Today
Will balthrope, Multifamily Development TodayWill balthrope, Multifamily Development Today
Will balthrope, Multifamily Development TodayVirtual ULI
 
Spencer stuart, Multifamily Development Today
Spencer stuart, Multifamily Development TodaySpencer stuart, Multifamily Development Today
Spencer stuart, Multifamily Development TodayVirtual ULI
 
Peter porraro, Multifamily Development Today
Peter porraro, Multifamily Development TodayPeter porraro, Multifamily Development Today
Peter porraro, Multifamily Development TodayVirtual ULI
 
Timothy mc entee, Multifamily Development Today
Timothy mc entee, Multifamily Development TodayTimothy mc entee, Multifamily Development Today
Timothy mc entee, Multifamily Development TodayVirtual ULI
 
Marc goldstein, Building Capital Stacks in Today's Market
Marc goldstein, Building Capital Stacks in Today's MarketMarc goldstein, Building Capital Stacks in Today's Market
Marc goldstein, Building Capital Stacks in Today's MarketVirtual ULI
 
Jeffrey bijur, Building Capital Stacks in Today's Market
Jeffrey bijur, Building Capital Stacks in Today's MarketJeffrey bijur, Building Capital Stacks in Today's Market
Jeffrey bijur, Building Capital Stacks in Today's MarketVirtual ULI
 
Perry reader, What Is the Recipe for Community Development-Let's Stir the Pot
Perry reader, What Is the Recipe for Community Development-Let's Stir the PotPerry reader, What Is the Recipe for Community Development-Let's Stir the Pot
Perry reader, What Is the Recipe for Community Development-Let's Stir the PotVirtual ULI
 
Jack cecil, What Is the Recipe for Community Development-Let's Stir the Pot
Jack cecil, What Is the Recipe for Community Development-Let's Stir the PotJack cecil, What Is the Recipe for Community Development-Let's Stir the Pot
Jack cecil, What Is the Recipe for Community Development-Let's Stir the PotVirtual ULI
 
Don whyte, What Is the Recipe for Community Development-Let's Stir the Pot
Don whyte, What Is the Recipe for Community Development-Let's Stir the PotDon whyte, What Is the Recipe for Community Development-Let's Stir the Pot
Don whyte, What Is the Recipe for Community Development-Let's Stir the PotVirtual ULI
 
Andy cohen, Rethinking Office
Andy cohen, Rethinking OfficeAndy cohen, Rethinking Office
Andy cohen, Rethinking OfficeVirtual ULI
 
Martha o'mara, Rethinking Office
Martha o'mara, Rethinking OfficeMartha o'mara, Rethinking Office
Martha o'mara, Rethinking OfficeVirtual ULI
 
Tom caputo, Repositioning and Restructuring Retail
Tom caputo, Repositioning and Restructuring RetailTom caputo, Repositioning and Restructuring Retail
Tom caputo, Repositioning and Restructuring RetailVirtual ULI
 
Robert grossman, Repositioning and Restructuring Retail
Robert grossman, Repositioning and Restructuring RetailRobert grossman, Repositioning and Restructuring Retail
Robert grossman, Repositioning and Restructuring RetailVirtual ULI
 
Michael carroll, Repositioning and Restructuring Retail
Michael carroll, Repositioning and Restructuring RetailMichael carroll, Repositioning and Restructuring Retail
Michael carroll, Repositioning and Restructuring RetailVirtual ULI
 
Anthony chang, Making ULI Work for you
Anthony chang, Making ULI Work for youAnthony chang, Making ULI Work for you
Anthony chang, Making ULI Work for youVirtual ULI
 
Michael smith, Urban Environments Built on Innovative Thinking
Michael smith, Urban Environments Built on Innovative ThinkingMichael smith, Urban Environments Built on Innovative Thinking
Michael smith, Urban Environments Built on Innovative ThinkingVirtual ULI
 
Urban Environments Built on Innovative Thinking
Urban Environments Built on Innovative ThinkingUrban Environments Built on Innovative Thinking
Urban Environments Built on Innovative ThinkingVirtual ULI
 
Ron kimble, Urban Environments Built on Innovative Thinking
Ron kimble, Urban Environments Built on Innovative ThinkingRon kimble, Urban Environments Built on Innovative Thinking
Ron kimble, Urban Environments Built on Innovative ThinkingVirtual ULI
 
Cats: Issues/Challenges for the Future
Cats: Issues/Challenges for the FutureCats: Issues/Challenges for the Future
Cats: Issues/Challenges for the FutureVirtual ULI
 
South Corridor Development Summary
South Corridor Development SummarySouth Corridor Development Summary
South Corridor Development SummaryVirtual ULI
 

Más de Virtual ULI (20)

Will balthrope, Multifamily Development Today
Will balthrope, Multifamily Development TodayWill balthrope, Multifamily Development Today
Will balthrope, Multifamily Development Today
 
Spencer stuart, Multifamily Development Today
Spencer stuart, Multifamily Development TodaySpencer stuart, Multifamily Development Today
Spencer stuart, Multifamily Development Today
 
Peter porraro, Multifamily Development Today
Peter porraro, Multifamily Development TodayPeter porraro, Multifamily Development Today
Peter porraro, Multifamily Development Today
 
Timothy mc entee, Multifamily Development Today
Timothy mc entee, Multifamily Development TodayTimothy mc entee, Multifamily Development Today
Timothy mc entee, Multifamily Development Today
 
Marc goldstein, Building Capital Stacks in Today's Market
Marc goldstein, Building Capital Stacks in Today's MarketMarc goldstein, Building Capital Stacks in Today's Market
Marc goldstein, Building Capital Stacks in Today's Market
 
Jeffrey bijur, Building Capital Stacks in Today's Market
Jeffrey bijur, Building Capital Stacks in Today's MarketJeffrey bijur, Building Capital Stacks in Today's Market
Jeffrey bijur, Building Capital Stacks in Today's Market
 
Perry reader, What Is the Recipe for Community Development-Let's Stir the Pot
Perry reader, What Is the Recipe for Community Development-Let's Stir the PotPerry reader, What Is the Recipe for Community Development-Let's Stir the Pot
Perry reader, What Is the Recipe for Community Development-Let's Stir the Pot
 
Jack cecil, What Is the Recipe for Community Development-Let's Stir the Pot
Jack cecil, What Is the Recipe for Community Development-Let's Stir the PotJack cecil, What Is the Recipe for Community Development-Let's Stir the Pot
Jack cecil, What Is the Recipe for Community Development-Let's Stir the Pot
 
Don whyte, What Is the Recipe for Community Development-Let's Stir the Pot
Don whyte, What Is the Recipe for Community Development-Let's Stir the PotDon whyte, What Is the Recipe for Community Development-Let's Stir the Pot
Don whyte, What Is the Recipe for Community Development-Let's Stir the Pot
 
Andy cohen, Rethinking Office
Andy cohen, Rethinking OfficeAndy cohen, Rethinking Office
Andy cohen, Rethinking Office
 
Martha o'mara, Rethinking Office
Martha o'mara, Rethinking OfficeMartha o'mara, Rethinking Office
Martha o'mara, Rethinking Office
 
Tom caputo, Repositioning and Restructuring Retail
Tom caputo, Repositioning and Restructuring RetailTom caputo, Repositioning and Restructuring Retail
Tom caputo, Repositioning and Restructuring Retail
 
Robert grossman, Repositioning and Restructuring Retail
Robert grossman, Repositioning and Restructuring RetailRobert grossman, Repositioning and Restructuring Retail
Robert grossman, Repositioning and Restructuring Retail
 
Michael carroll, Repositioning and Restructuring Retail
Michael carroll, Repositioning and Restructuring RetailMichael carroll, Repositioning and Restructuring Retail
Michael carroll, Repositioning and Restructuring Retail
 
Anthony chang, Making ULI Work for you
Anthony chang, Making ULI Work for youAnthony chang, Making ULI Work for you
Anthony chang, Making ULI Work for you
 
Michael smith, Urban Environments Built on Innovative Thinking
Michael smith, Urban Environments Built on Innovative ThinkingMichael smith, Urban Environments Built on Innovative Thinking
Michael smith, Urban Environments Built on Innovative Thinking
 
Urban Environments Built on Innovative Thinking
Urban Environments Built on Innovative ThinkingUrban Environments Built on Innovative Thinking
Urban Environments Built on Innovative Thinking
 
Ron kimble, Urban Environments Built on Innovative Thinking
Ron kimble, Urban Environments Built on Innovative ThinkingRon kimble, Urban Environments Built on Innovative Thinking
Ron kimble, Urban Environments Built on Innovative Thinking
 
Cats: Issues/Challenges for the Future
Cats: Issues/Challenges for the FutureCats: Issues/Challenges for the Future
Cats: Issues/Challenges for the Future
 
South Corridor Development Summary
South Corridor Development SummarySouth Corridor Development Summary
South Corridor Development Summary
 

Beyond Sticks and Bricks

  • 1. Beyond Sticks and Bricks: Projects Producing Structural Economic Change Friday, October 15 9:15 a.m. – 10:30 a.m.
  • 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. © 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. © 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. © 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. © 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. © 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. © 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. © 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. © 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. © 2010 Cisco Systems, Inc. All rights reserved. Cisco ConfidentialC25-452149-00 11 Waterfront Toronto A Comprehensive Smart+Connected Approach
  • 12. © 2010 Cisco Systems, Inc. All rights reserved. Cisco ConfidentialC25-452149-00 12
  • 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. © 2010 Cisco Systems, Inc. All rights reserved. Cisco ConfidentialC25-452149-00 14
  • 15. © 2010 Cisco Systems, Inc. All rights reserved. Cisco ConfidentialC25-452149-00 15 SongDo Community+Connect Services
  • 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. © 2010 Cisco Systems, Inc. All rights reserved. Cisco ConfidentialC25-452149-00 17 Community+Connect: Delivering New Services To Constituents in New Ways
  • 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. © 2010 Cisco Systems, Inc. All rights reserved. Cisco ConfidentialC25-452149-00 19
  • 20. Beyond Sticks and Bricks: Projects Producing Structural Economic Change Friday, October 15 9:15 a.m. – 10:30 a.m.
  • 21. Driving Economic Benefit Tom Murcott Executive Vice President, Chief Marketing Officer Gale International
  • 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. Songdo International Business District $35B/100M SF Development
  • 24. Songdo International Business District in 2003 1,500 Acres Reclaimed Land 600 Hectares 1,500 Acres
  • 25. Integrated Master Plan and Development Phasing Songdo International Business District
  • 26. Songdo International Business District LEED-ND Pilot Program Project
  • 28. 300,000 SF/28,000 SM of Exhibition and Meeting Space Songdo Convensia
  • 29. Songdo Convensia LEED Certified for New Construction
  • 30. The # First World 1,600 Residential Units
  • 31. The # First World Home to 8,500 Residents
  • 32. The # First World Mixed Use: Residential, Retail, and Officetel
  • 33. The # First World Units Outfitted with the Latest Technology
  • 34. Northeast Asia Trade Tower Tallest Building in Korea at 68 Storeys
  • 35. Northeast Asia Trade Tower Prime Location Overlooking Central Park
  • 36. Northeast Asia Trade Tower 2.1M SF Commercial, Retail, and Residential
  • 39. Faculty to Student Ratio of 1:10 Chadwick International School
  • 40. Innovative Learning Spaces for Grades K-12 Chadwick International School
  • 41. State of the Art Facilities Chadwick International School
  • 42. POSCO E&C Headquarters Two 39 Storey Towers
  • 43. POSCO E&C Headquarters 3,200 People Will Work In Towers
  • 45. Songdo Central Park 100 Acres of Open Green Space
  • 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. Songdo Central Park Hybrid Solar Water Taxi Transit System
  • 48. Sheraton Incheon Hotel 319 Guest Rooms and Suites
  • 49. Sheraton Incheon Hotel First Five-Star Hotel in Incheon
  • 50. Sheraton Incheon Hotel LEED Silver Rating for New Construction
  • 51. Jack Nicklaus Golf Club Korea 18 Hole Championship Golf Course
  • 52. Jack Nicklaus Golf Club Korea Hosted 2010 PGA Champions Tour
  • 53. Jack Nicklaus Golf Club Korea Only Jack Nicklaus Signature Course in Korea
  • 54. Canal Walk 800 Meter Low Rise Mega Block With Integrated Retail and Residential
  • 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. The # Central Park I 3 High-Rise Apartment Towers
  • 58. The # Central Park I 729 Residential Units
  • 59. The # Central Park II 650 Residential Units
  • 60. The # Expo 1,400 Residential Units
  • 61. The # Harbor View I 845 Residential Units
  • 64.
  • 65. Beyond Sticks and Bricks: Projects Producing Structural Economic Change Friday, October 15 9:15 a.m. – 10:30 a.m.
  • 66. 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
  • 67. MISSION BAY San Francisco Redevelopment Agency
  • 68. MISSION BAY San Francisco Redevelopment Agency Historic Mission Bay
  • 69. MISSION BAY San Francisco Redevelopment Agency Historic Mission Bay
  • 70. MISSION BAY San Francisco Redevelopment Agency 1990
  • 71. 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
  • 72. 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
  • 73. 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
  • 74. 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
  • 75. 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
  • 76. MISSION BAY San Francisco Redevelopment Agency 10 Years of Progress
  • 77. 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
  • 78. 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
  • 79. MISSION BAY San Francisco Redevelopment Agency
  • 80. 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
  • 81. 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
  • 82. 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
  • 83. MISSION BAY San Francisco Redevelopment Agency
  • 84. Beyond Sticks and Bricks: Projects Producing Structural Economic Change Friday, October 15 9:15 a.m. – 10:30 a.m.
  • 85. The “Science City” Life Sciences Cluster Vision – Plan – Execution Montgomery County, MD October 2010
  • 86. Maryland Regional Context Map A “World Class” Life Sciences Cluster
  • 87. Great Seneca Science Corridor Master Plan Key Land Use Elements of the “Science City” Plan: Mixed Use Density at New Transit Stations
  • 88. 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
  • 89. 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
  • 90. 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
  • 91. 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
  • 92. 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
  • 93. Montgomery County’s Economic Development Plan to Advance and Commercialize Applied Life Sciences
  • 94. 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
  • 95. 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
  • 96. 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
  • 97. 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
  • 98. 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
  • 99. For additional information Please Contact: David McDonough Johns Hopkins Real Estate dmcdonough@jhu.edu
  • 100. Beyond Sticks and Bricks: Projects Producing Structural Economic Change Friday, October 15 9:15 a.m. – 10:30 a.m.