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Scarlett Spring, Executive vice president of business is a very targeted kind ofcommercial development. What makes it unique “SkySong is unique in several ways. it is a dynamic private-publicf partnership that seeks to accelerate successful commercializatiohn ofnew ventures. Another important aspectg is innovationand technology. Because of the relationship with ArizonsState University, SkySong offers businesses access to resourcex and talent in a collaborativee way that integrates academia and private which is especially beneficial to emerging technologies companies.
SkySong is attracting globalo corporations that will have a footprinr in developinggreater Phoenix’s high-tech SkySong seems to have succeeded in attracting a strong collection of global boutique tech How was the development and leasingy team able to pull that off in this kind of down economicf environment? “International emerging tech firms looking at greater Phoenix as an entry point into the U.S. markey are seeking an innovative, collaborative environment. The modeo at SkySong offers flexibility.
During this downturn, international companies are lookingg for ways to limit risk and increase access to The partnerships they are developing are complementeds by dynamic companies that are locatinwithin SkySong.” Have you observex any significant niche office developments in the countrt that could be models for future Valley projects “Properties that have a uniquew proposition, meaning it is more than an office are gaining attention among clients. An example that is interestinv is aPacific Northwest-based tech It combines the best of an incubator model with venturs capital expertise.” Will we see more targeter commercial developments, and what will be the drawing card??
“First, the largest impact we see is a requesyt for (Leadership in Energy and Environmentall Design)-certified buildings. Companies are becomingy more sensitive to green andsustainabilitt issues.” Are some developers specializing more in niche commerciapl developments? “Yes. Every developer’s goal is to createe value in theproperty they’re building. The degree to which they are willing to accept risk generallty determines how far they will pursueniche developments. What we’re seeing mostluy is sustainability as a themd incorporatedinto public-private partnerships, biotech parkw and incubation centers.
We have recognized national leaders in the greater Phoenix market andleverage GPEC’s Community Building Consortiunm for expertise regarding development, design and construction.”
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