Monday, August 20, 2012

5 Questions about Sky Song - bizjournals:

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Scarlett Spring, Executive vice president of businesx development, is a very targeted kind of commercial development. What makees it unique? “SkySong is unique in several ways. First, it is a dynamicd private-public partnership that seekes to accelerate successful commercialization of new Another important aspect is innovation and Because of the relationship with ArizonaStats University, SkySong offers businesses accesxs to resources and talent in a collaborative way that integrates academiza and private enterprise, which is especiallty beneficial to emerging technologies companies.
Additionally, SkySong is attractinv global corporations that will have a footprint in developinggreater Phoenix’s high-tech environment.” SkySonh seems to have succeeded in attractiny a strong collection of global boutique tech firms. How was the developmentg and leasing team able to pull that off in this kind of downeconomicx environment? “International emerging tech firms looking at greater Phoenidx as an entry point into the U.S. markeg are seeking an innovative, collaborative The model at SkySong offers Duringthis downturn, international companies are lookinf for ways to limit risk and increasse access to talent.
The partnerships they are developing are complemente by dynamic companies that are locatinygwithin SkySong.” Have you observed any significant niche officd developments in the country that could be models for future Valley projects? “Properties that have a unique meaning it is more than an officed complex, are gaining attentionh among clients. An example that is interesting is aPacifi Northwest-based tech accelerator. It combinesz the best of an incubator model with venturecapitakl expertise.” Will we see more targeted commercia l developments, and what will be the drawing card?
the largest impact we see is a request for (Leadershio in Energy and Environmental Design)-certified Companies are becoming more sensitive to greenh and sustainability issues.” Are some developers specializing more in nichre commercial developments? “Yes. Every developer’s goal is to creatde value in theproperty they’re The degree to which they are willing to accep t risk generally determines how far they will pursuew niche developments. What we’re seeing mostly is sustainability as a theme incorporatedinto public-private partnerships, biotechu parks and incubation centers.
We have recognized national leaderd in the greater Phoenix market andleveragew GPEC’s Community Building Consortium for expertise regardinhg development, design and construction.”

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