U3A Advises on Anchor Strategies in South Africa

Funded by the Kresge Foundation, a team from U3A spent a week at the University of Pretoria last fall to advise on strategies to strengthen the precinct around the UP Hatfield campus.  Faced with rising unrest from students in the #feesmustfall movement and fiscal pressure on South African cities, many universities are beginning to understand the need to engage, invest, and partner in place-based initiatives.  In October, Jaime Flaherty, VP & CFO, was a keynote speaker at the University-City Building workshop in Cape Town, which included university and civic leadership from across South Africa.

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Collaborative Aims to Enhance Memphis Medical District

The newly established Medical District Collaborative (MDC), a nonprofit entity made up of stakeholders and executives in the Memphis Medical District, held its inaugural board meeting on February 1, 2016. U3A’s representative in Memphis, Tommy Pacello, was named the President of MDC. The MDC has plans for series of changes in the in the District beginning in May 2016, including streetscaping and public arts projects. The MDC anticipates that real estate development and parking management projects will be undertaken in the future. Click here for the latest coverage in the Memphis Daily News. 

U3 Advisors was hired by the District’s anchor institutions in summer 2014 to design and implement as anchor strategy in the area in an effort to focus its economic resources for the benefit of the entire district.  U3A has designed and implemented similar anchor strategies in Philadelphia and Midtown Detroit. 

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