GEORGE • HENRY • GEORGE • PARTNERS
21st Century University Leadership
in Economic Development
Research Park Feasibility
Strategic Campus Planning
Technology Development Strategies
Incubator Feasibility
Community Economic Impacts
Housing Needs and Feasibility
Workforce Development
Technology Transfer Systems
Continuing Implementation Services
Research and Technology Parks and Incubators
Services:
Research Resource Assessment Evaluates key researchers, their grants and their relationships with potential
corporate tenants for the park.
Market Demand and Marketing Strategies Combines the research resource assessment and our comparable
research park marketing experience model to predict floor space absorption. Recommends relationship
marketing program, needed collateral and other features.
Virginia Biotechnology Park
Location and Site Assessment Considers site characteristics and essential interrelationships with
researchers, as well as availability. Recommends the properties which will best support the development
program.
Feasibility Analysis Revenue estimates from the market analysis and cost estimates from the development
planning are input into our research park financial model used to determine cash flow and financial
requirements.
Piedmont Triad Research Park
Optimum Financing Approach Potential financing sources are identified, based on comparable research park
experience, and their availability explored. Recommends alternative financing approaches to meet capital
and operating needs. The recommendation of financing approaches for speculative multi-tenant buildings
is an important part of the services, including optimum use of creative private developer financing
approaches.
Organization and Governance Successful approaches from other parks are tested with the key participants
in the subject park. The optimum approach is recommended.
University "Value Added" Policies Potential park tenants seek committed access to university faculty,
facilities and services. Creating this "Value Added" approach requires both new and revised policies,
which we recommend.
Penn State Innovation Center
Technology Transfer Policies and Approach Documents the financial and recruitment benefits of effective
technology commercialization. Recommends the staffing and procedures which will be most cost
effective.
Continuing Implementation Services These services include: working with local leadership in putting the
implementation organization in place; identifying, screening and attracting key staff; gaining agreement on
the operating and capital financing approach; identifying and assisting staff in contacting high potential
marketing prospects; and other services as needed.
Recent Clients:
Denver Economic Strategic Plan
■ Illinois Institute of Technology, Park Market Reconnaissance
■ Ohio State University, Scitech, Assessment and Mid-Course Correction
■ Mississippi State University, Research Park Feasibility and Implementation Strategy
■ Maryland Technology Development Corporation Survey and Documentation of Post Incubator Company Wet-Lab
Space Needs
■ Los Alamos Research Park, Reconnaissance and Recommended Priority Institutional Marketing Initiatives
■ Scranton Economic Development Strategic Plan
Scranton, Pennsylvania
■ Delaware State University Incubator Feasibility and Business Plan
■ Denver Economic Development Strategic Plan
■ University of Georgia and Georgia Medical College Technology Transfer Enhancement Potential and
Management Plan
■ Auburn Research Park Feasibility and Business Plan
■ University of Maryland Biomedical Research Park Feasibility and Implementation Strategy
■ Cleveland Biotechnology Incubator Feasibility and Design Program Recommendations
University of Wisconsin Research Park
■ UNC G/ NC A&T Research Park Resource Analysis and Market Feasibility
GHG Research and Technology Assignments
■ Wisconsin/Madison Research Park and
Incubator Feasibility and Strategy
■ VCU Medical College of Virginia, Virginia
Biomedical Park Feasibility and Strategy
■ Princeton Forrestal Center Technology
and Business Park Feasibility, Fiscal
Impact and Public Approval
■ Miami Valley Research Park Feasibility
■ Oakland Technology Park ( Suburban
Detroit) Feasibility
■ Johns Hopkins University Human
Science Research Park Feasibility
■ Stapleton Tomorrow (Denver)
Technology Park Component Feasibility
■ Lowertown (St. Paul) Technology Park
Reconnaissance
■ University of New Hampshire Research
Park Feasibility and Implementation
■ Hershey Medical (Penn State/Hershey) Research Park
Feasibility
■ Colorado State University Research Park, Mid-Course
This map shows the locations of many of the research park,
incubator and technology strategy assignments carried out
by the partners of George Henry George Partners. Research
Park assignments are depicted by red circles, Incubators by
green and Technology Strategies with blue.
Reconnaissance
■ Newark Science Park Feasibility
Average Multi-Tenant Park Absorption
■ Western Michigan University Research Park Feasibility
■ Dallas Economic Development Strategy
■ Piedmont Triad (Winston-Salem) Research Park Feasibility and
40,000
Site Selection
■ Eastern Tennessee University Med-Tech Corridor Feasibility
35,000
■ University of New Orleans Research Park Feasibility and
30,000
Strategy
■ University of Arkansas Research Park Feasibility
■ Louisville Medical Center Development Corporation, Developer
Selection and Negotiation
25,000
20,000
15,000
■ Riverside Center for Research and Technology (Roanoke)
■ Cornell (Geneva) Ag Tech Park Feasibility
■ Shady Grove Life Science Center (Maryland) Lease Analysis
■ University of South Florida Research Park Resource Analysis
■ Louisiana Incubator Development Strategy
■ Eastern Idaho Research and Technology Retreat
10,000
5,000
0
Built
Leased
Source: Survey of Actively Marketing Parks
Planned Pre-Leased
Floor Space By Type
■ University of Southern Indiana Research Park Feasibility
■ University of Connecticut Research Park Feasibility
Advance Mfg.
20%
■ University of Arizona Research Park Market Analysis and
Prof. Services
10%
Marketing Strategy
■ Montgomery County, Maryland, Biotechnology Site
Social Science
4%
Software
24%
Development Strategy
Business Services
6%
■ Oklahoma Health Science University Research Park and
Incubator
Univ/Gov
12%
■ Oklahoma State Biotechnology Strategy
Biomedical
18%
■ West Virginia High Technology Consortium, Development and
Other
6%
Marketing Strategy
■ University of Louisville Biotechnology Incubator Feasibility
■ Wayne State University Technology Park Business Plan
■ Research Triangle Foundation, Evaluation of the Local,
■ Texas Tech University Incubator Feasibility and Business Plan
Regional and State Fiscal and Economic Impacts of the Park
■ Northwest Louisiana Biomedical Research Park Feasibility and
Strategy and Surrounding Community (InterTech) Plan
■ SUNY Brookhollow Biotech Corporate Facility Financing
■ West Virginia State Technology Marketing Strategy
■ Southeast Massachusetts Advanced Technology and Marketing
Center Feasibility
■ Rockbridge County (Va) Technology Development Strategy and
Park Feasibility
■ Detroit Regional Technology Marketing Strategy
■ Lubbock Regional Technology Development Strategy
■ Worchester County Maryland Technology Park Feasibility
■ Southern New Jersey Technology Land Needs and Park
■ UC Davis Research Park Site Potential Analysis
■ Louisville Health Science Park Continuing Implementation
Strategy
■ West Virginia University Research Park Feasibility
■ Wisconsin/Stevens Point Economic Competitiveness Strategy
■ Downtown Phoenix New Economy Strategy
■ Albany Central Avenue Technology Corridor Leasing Strategy
■ Louisville Shelby Campus Telecommunications Park
■ Mississippi I 59 Technology Corridor Marketing Strategy
■ Buffalo Biomedical Strategic Plan
■ Los Alamos Research Park Feasibility
■ Oregon (Portland) Health Science University Research Park
■ Suburban Detroit Private Technology Park Market Analysis
Feasibility
■ Lehigh University Business and Technology Park Feasibility
■ University of Illinois (UC) Research Park Developer Selection
and Negotiation
■ Technology Park Conversion of the Syracuse Lockheed
Complex Feasibility
■ University of Southern Mississippi Research Park Feasibility
■ Sioux Falls Technology Park and Accelerator Feasibility
■ Medical College of Georgia Research Park and Incubator
Technology Park Tenant Mix
Feasibility
■ Florida Atlantic University Research Park Feasibility
Advance Mfg.
17%
Prof. Services
8%
Social Science
6%
Software
32%
Business Services
4%
Univ/Gov
6%
■ University of the Virgin Islands Research Park Feasibility
■ Northern Virginia Private Technology and Business Park
Feasibility
■ Jefferson Parish (New Orleans) Technology Strategy
■ Rowan University Technology Park Feasibility
Biomedical
32%
Other
7%
■ Southeast Raleigh Virtual Incubator Business Plan
Other Important University Economic Development Initiatives
Services:
Technology Development Strategies Governments and universities optimize technology-based economic
growth by working with us to assess their research and technology strengths, prepare the
communications and total infrastructure plan, focus the educational system, create the venture capital
resources, and put in place an effective marketing system.
Community Economic Impact Many universities find it important to carefully document their economic and
fiscal benefits to their communities. Using detailed data from the institutions and our economic impact
models, the impacts are analyzed and presented in reports and graphically effective summaries.
Oklahoma Biomedical Strategy
Strategic Campus Planning Traditional physical campus planning is being challenged in this time of fiscal
stress to ensure that all of the university's real estate is most effectively deployed to generate income as
well as to meet academic needs. We carefully project academic space needs and then draw on our
extensive real estate expertise to assess income potentials and recommend development strategies.
Housing Needs and Feasibility Our university clients are turning more and more to the private sector to
meet housing needs. We analyze the needs and effective demand and then recommend the optimum
development approach.
Princeton Graduate Student Housing
Retail, Athletic and Other Ancillary Services In these times of keen competition for students, our university
clients often ask us to define the needs and analyze the financial implications of building and operating
ancillary, retail and athletic facilities.
Workforce Development Our role in this important aspect of economic competitiveness is to analyze the
existing and future economy and clearly describe future technical and total workforce needs, and to
benchmark existing programs in the process of developing the strategy.
University Neighborhood and Community Strategies The relationship between a university, its neighborhood,
and local jurisdictions needs to be a partnership with effective communication, sound university
development, and neighborhood planning.
New Orleans Teleplex
Recent Clients:
■
Princeton Forrestal Graduate Student/Faculty Housing Feasibility
■
Davidson College Campus Plan
■
University of Connecticut Graduate Student Housing Feasibility
■
Indiana University-Purdue University Natatorium Feasibility
■
Howard University Faculty Housing Feasibility
■
Syracuse University Campus Retail Market
■
University of Pennsylvania Campus Retail Market
■
Wesleyan University Conference Center Feasibility
■
Duke University Land Resource Utilization Strategy
■
Kent State University Conference Center Feasibility
■
Indiana University Campustown/Downtown Reconnaissance
■
University Circle (Case/Western Reserve) Hotel and Conference Center
■
Cleveland State University Campus Development Economic, Potential Analysis
■
Los Alamos Conference Center Feasibility
■
UNLV Consultation
■
Montgomery College (Maryland) Technology Park Strategic Planning, Market Analysis and
Marketing Strategy
■
Locational Assessment for U.S. Dataport Communications Hotel
CU Health Sciences Strategic Campus Plan
GWU Red Lion Row Adaptive Retail Reuse
The Forrestal Center at Princeton
What an Effective Economic Development Effort Brings
To the University:
■
■
■
■
■
■
Enhanced Research Funding
Recruitment Success
Stronger Budget Support
Enhanced Relationships with the Community
More Productive Use of Real Estate Assets
Enhanced Student Experience
To the Community:
■
■
■
■
■
Fully Competitive Economic Development Effort
Focused Technology Growth Strategy
Effective Workforce Development
Successful Outreach Marketing
Quality Jobs to Retain the College Educated
GHG Technology Mission
Technology-led development is the foundation of the economy and the quality of life it supports.
Universities, communities and companies partner in various ways to apply their resources to advance
the tech-led economic development objectives. The partners of George, Henry, George Partners
continue to work closely with them in this effort. Research assessment, feasibility analysis, financing
and organizational strategies and continuing implementation support are among the tools they use to
work closely with top leadership to achieve impressive results
GEORGE • HENRY • GEORGE • PARTNERS
Vernon George • Clifton Henry • Timothy George
1038 Dead Run Drive, Suite 101
McLean, Virginia 22101
703-286-6334 phone
703-734-9148 fax
info@ghgpec.com email
www.ghgpec.com