Arizona Technology Council Will Relocate to SkySong.SCOTTSDALE, Ariz. -- The Arizona Technology Council, the largest technology association in the state, will relocate re·lo·cate v. re·lo·cat·ed, re·lo·cat·ing, re·lo·cates v.tr. To move to or establish in a new place: relocated the business. v.intr. its operations to SkySong, the ASU ASU Arizona State University (Tempe, AZ) ASU Appalachian State University ASU Arkansas State University ASU Angelo State University ASU Alabama State University ASU Australian Services Union Scottsdale Innovation Center. SkySong's unique design as both a center of technological innovation and a portal for expanding global trade was critical to the council's decision to relocate there. SkySong, located on a 37-acre site at the southeast corner of Scottsdale Road and McDowell, is a catalyst for revitalizing re·vi·tal·ize tr.v. re·vi·tal·ized, re·vi·tal·iz·ing, re·vi·tal·iz·es To impart new life or vigor to: plans to revitalize inner-city neighborhoods; tried to revitalize a flagging economy. southern Scottsdale and attracting innovation-based companies to the area. Donna Kent, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of the Arizona Technology Council, said the council is enthusiastic about SkySong because it is a high-profile place to showcase the region's vibrant technology sector. "SkySong will be an advantageous location for the Arizona Technology Council because its physical facilities and mixed-use environment will encourage and support our events, as well as conferences, meetings, lectures, seminars and festivals organized by others." Hosting approximately 70 events a year, the Arizona Technology Council will support the networking goal of SkySong, helping bring not only tenant innovators innovators people who will try new things. early innovators important figures in the farming or client community because they are the leaders in the introduction of new techniques and management systems. together, but also facilitating connections between tenants and non-SkySong-based companies. The presence of the Council will also increase the breadth and depth of educational workshops and seminars available to tenants. The Council's connections to global technology companies also align with the mission of SkySong to be a dynamic global portal for innovation and commerce. "Adding the Arizona Technology Council to the mix at SkySong will help draw innovative companies to the site," said Sharon Harper, president and CEO of the Plaza Companies, co-developer of the project with Higgins Development Partners in partnership with ASU Foundation and USAA USAA United Services Automobile Association USAA Urban Superintendents Association of America USAA United States Achievement Academy USAA United States Arbitration Act of 1925 USAA United States Axemen's Association USAA United States Air-Table-Hockey Association Real Estate Co. "With the presence of the Council and some of ASU's most innovative research and entrepreneurial units, we believe SkySong will be a magnet attracting global technology-based enterprises and the knowledge workers who are key to the long-term growth of Scottsdale's and the Valley's economies." Arizona Technology Council Chairman Todd Bankofier commented, "SkySong's environment of global collaboration will allow technology companies, individual entrepreneurs and ASU researchers to connect and thrive. The Council works very closely with many of ASU's research, innovation and entrepreneurial units that will be located at SkySong and we anticipate greatly increasing the connections we make between the University and the technology community as a result of our SkySong affiliation." SkySong is a mixed-use development Mixed-use development refers to the practice of allowing more than one type of use in a building or set of buildings. In planning zone terms, this can mean some combination of residential, commercial, industrial, office, institutional, or other land uses. that will consist of 1.2 million SF of research, office and retail space at full build out in addition to proposed residential units. It will combine technology, innovation, education and business in a collaborative environment that integrates state-of-the-art digital infrastructure into flexible office and research space. Organized around a grand boulevard Grand Boulevard may refer to one of the following:
Through the collaboration of the development team, ASU Foundation, Arizona State University Arizona State University, at Tempe; coeducational; opened 1886 as a normal school, became 1925 Tempe State Teachers College, renamed 1945 Arizona State College at Tempe. Its present name was adopted in 1958. and the City of Scottsdale, the mission of the project is to create an environment where innovation, technology and business interact. It will position Greater Phoenix, Scottsdale and ASU as global leaders of the knowledge economy and substantially benefit the residents and businesses of southern Scottsdale. The center will be home to organizations and activities that co-mingle and stimulate new forms of global commerce, research, technology, art, education and economic development. In addition to an 80,000-square-foot pre-leasing commitment by the ASU Foundation, the development team has also initiated marketing and leasing activities with CB Richard Ellis CB Richard Ellis Group, Inc. NYSE: CBG is a multinational real estate corporation currently based in Los Angeles, California, U.S.A.. On December 20, 2006, the corporation, also known as CBRE, completed acquisition of Trammell Crow Co. in a transaction valued at $2. to bring major corporate tenants that are compatible with the office/research character of the center. "SkySong is ahead of schedule," Harper explained. Construction commenced in April 2006 for Phase I & II, consisting of more than 320,000 square feet of commercial space (more than 25% of the total project), with anticipated occupancy in summer of 2007. The agreement with the City of Scottsdale only requires a minimum of 150,000 square feet of office, research and retail be started every three years. About the Arizona Technology Council Since its inception in 2002, the Arizona Technology Council has stood as the largest association of technology companies in Arizona, whose shared vision is for the state to be recognized as a top-tier center for technology-based businesses. The Council works to carry out this vision by driving partnerships, policies and programs that advance the business climate for Arizona's technology community and by representing, supporting and advocating for member companies through initiatives, advocacy, networking and effective communications. The Arizona Technology Council represents 30,000-plus employees at more than 400 of the leading technology companies across Arizona. Represented industries include advanced manufacturing, aerospace, biotechnology, e-learning, environmental technology, software, Internet applications, semiconductors, and telecommunications Communicating information, including data, text, pictures, voice and video over long distance. See communications. . About the Developers Higgins Development Partners and The Plaza Companies are co-developers of the project in partnership with Arizona State University Foundation and USAA Real Estate Co. Higgins Development Partners is a national real estate and development company headquartered in Chicago with offices throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and in Toronto. The company has created more than $4 billion in development value since 1980. It has extensive phased campus development experience. www.higginsdevelopment.com The Plaza Companies is an Arizona-based full-service real estate company started in 1977. The portfolio of projects and communities developed and managed by the company is valued at more than $1 billion. www.theplazaco.com USAA Real Estate Co. has more than $3.4 billion of assets under management Assets Under Management (AUM) is a term used by financial services companies in the mutual fund and money management or investment management business to gauge how much money they are managing. and provides acquisition, build-to-suit and development services for corporate and institutional investors Institutional Investor A non-bank person or organization that trades securities in large enough share quantities or dollar amounts that they qualify for preferential treatment and lower commissions. . The USAA portfolio consists of office, industrial and hotel properties as well as investments in real estate operating companies operating company A business that engages in transactions with outsiders. . Our annual volume of transactions is in excess of $500 million. www.usaarealco.com About the ASU Foundation The ASU Foundation is an independent non-profit organization A non-profit organization (abbreviated "NPO", also "non-profit" or "not-for-profit") is a legally constituted organization whose primary objective is to support or to actively engage in activities of public or private interest without any commercial or monetary profit purposes. that acts as the principal agent through which gifts are made to benefit the Arizona State University. The mission of the ASU Foundation is to solicit, manage and disburse dis·burse tr.v. dis·bursed, dis·burs·ing, dis·burs·es To pay out, as from a fund; expend. See Synonyms at spend. [Obsolete French desbourser, from Old French desborser the proceeds of gifts made to ASU. |
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