U3 Advisors is a nationally recognized consulting practice that provides real estate and economic development solutions to the institutions that anchor our communities.

Services

U3 Advisors advises our clients on a wide variety of real estate issues so that they can better understand how their real estate portfolio can best serve their institutional core mission. Universities and non-profit organizations may wish to determine whether there are opportunities to consolidate their real estate assets and operate more efficiently. They may also ask whether it is better to own or lease facilities.
U3 Advisors believes that anchor institutions - universities, medical centers, and non-profit and civic organizations – are important economic engines that can be leveraged to regenerate and strengthen their surrounding neighborhoods.
U3 Advisors assists organizations and institutions in planning for new facilities – from a single building to an entire master-planned campus. We also have expertise in many specialized types of facilities, including student and faculty housing, laboratories and teaching facilities, performance venues, and hotels.
U3 Advisors' planning strategies are based on the core philosophy that anchor institutions – universities, medical centers, and non-profit and civic organizations – provide critical economic and social support for the communities of which they are part.

Featured Projects

  • U3 Advisors was engaged by the Hyde Family Foundations beginning in 2014 to understand the economic and physical impact of 8 major anchor institutions in the Memphis Medical Center including Baptist College of Health Sciences, Memphis Bioworks Foundation, Methodist/LeBonheur, Regional One Health, Southern College of Optometry, Southwest Tennessee Community College, St. Jude Children’s Research Hospital/ALSAC, and the University of Tennessee Health Science Center.

  • Beginning in fall, 2014, U3 Advisors was engaged by JTS as the lead project manager and real estate advisor to undertake an ambitious project to reshape JTS’ campus in Morningside Heights. U3A worked closely with JTS leadership to complete an intensive programming phase with its selected architect, execute the land transaction with a third-party developer, and navigate the construction management process. In addition, U3 Advisors led a solicitation processes to select a world-class design architect for the development site. 

News + Ideas

Ideas

Building A Greater College Park Together

"The University of Maryland is working with partners to create the modern land-grant university. Research and industry in lockstep. Public and private enterprise working in close collaboration. An academic and economic engine for our region and our nation. " Read about the latest developments in Collage Park, Maryland here

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Press

Huge new retail and residential complex coming to College Park

The Washington Business Journal reports on the latest developments in the revisioning of College Park, Maryland. The University of Maryland selected the Bozzuto Group and Willard Retail Group, in partnership with the University of Maryland Foundation, to develop a $110 million mixed-use site along U.S. Route 1. Plans for the site include a 300-unit luxury apartment building with more than 100,000 square feet of ground-floor retail on the 4.5-acre site. 

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Press

11-Story Apartment Building Planned To Replace Harlem Church At 20 West 116th Street

Plans have been filed to develop an 11-story apartment building on the Harlem Baptist Temple Church’s property at 20 West 116th Street in Harlem, NY. The church would return to the site, which was partially demolished in 2009, taking up 5,800 square feet in the cellar and first floors of the new development. Twenty-eight apartments would be stacked on top, spread across 29,540 square feet of residential space. U3 Advisors has served as Harlem Baptist Temple Church's Development Advisor since 2014.

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Ideas

Planning for Higher Education Journal: Breaking the Mold Cornell Tech and the 21st-Century University

U3 Advisors Principal & Co-founder Karen Backus and Senior Advisor Steven Jacobs contributed to Planning for Higher Education's profile of Cornell University's winning bid in New York City Mayor Michael Bloomberg's Applied Sciences Campus competition. Read the full article here.

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