News + Ideas

News

U3 Advisors Develops Real Estate Strategy for the University of Toronto

University of Toronto (UofT) is one of the largest landowners in its namesake city. The university’s Downtown (St. George) Campus occupies approximately 180 acres in the heart of Toronto. Under the leadership of President Meric Gertler, UofT has made a renewed commitment to its role as an anchor institution for Toronto and the Greater Toronto Area. U3A worked with a Steering Committee comprised of key university administrators and solicited feedback from stakeholder groups—including the university's Real Estate Advisory Committee, Business Board, and Principals, Deans, Academic Directors and Chairs—that informed decision-making. U3A ultimately developed a strategic framework built around identifying objectives for future real estate projects and developing strategies for the implementation and evaluation of those projects.

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News

U3 Advisors advances International House New York Project

U3A was engaged by International House – New York (I-House), a private nonprofit residence for graduate students and scholars, in 2016 to help the organization consider options for the significant expansion its Morningside Heights campus through the construction of a new building in an effort to fulfill key parts of its strategic plan for the 21st Century. Working closely with an internal team and a committee of Trustees, U3A led a detailed analysis of the range of options available to I-House, including comparing options to joint venture with a third party developer partner vs.

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Ideas

U3A's Jaime Flaherty co-authored article featured in Development Southern Africa

U3 Advisors' Managing Director & CFO Jaime Flaherty was recently published in the Development Southern Africa journal (Volume 35, #1) with an article she co-wrote with U3 Advisors' University of Pretoria client. “Integrating the Edges: University of Pretoria’s Neighbourhood Anchor Strategy” highlights the significant initiatives UP is undertaking to lead an urban renewal and social transformation project around its Hatfield campus in the City of Tshwane, South Africa. U3 Advisors worked on developing the framework strategy for UP and drew upon their deep experience with anchor institution strategies in the United States. The article grew out of Jaime’s presentation at the University-City Building Conference in Cape Town (October 2016) which hosted experts and key stakeholders around higher education initiatives in South Africa.

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Press

New Full-Service Animal Shelter Announced in the Bronx

Working with engineering firm Mott MacDonald and a team of animal shelter experts, U3 Advisors assisted the New York City Department of Health (DOH) and it’s contract operator Animal Care Centers (ACC) in the site selection and predevelopment planning for a new full service animal shelter in the Bronx.

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Press

Chattanooga’s Innovation District revived the city — but is it sustainable?

“This isn’t necessarily going to be a new building or a new street — it could be that, and I hope it is along with many other new things.” Read about U3 Advisors' latest engagement in the Chattanooga Innovation District. As in Chattanooga , U3A is engaged nationwide - supporting the institutions that anchor our communities.

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Ideas

U3 Advisors original research on Employer Assisted Housing Incentives published and presented at Congress for New Urbanism Seattle Conference

Anchor Institutions, such as universities and hospitals, have the power to bring about positive economic and physical change in their surrounding neighborhoods." U3A's Alex Feldman and Shea O'Neill contributed their paper, Live Local - Achieving Equitable and Sustainable Neighborhood Development through Anchor-Led Housing Incentives  to the Congress for New Urbanism's 25th annual convening.  Read the full research paper here

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Press

Milkboy ArtHouse opens in College Park

"Great cities are not made of few large projects but of many unique smaller projects. We believe Milkboy will be just that." MilkBoy ArtHouse, a collaboration between MilkBoy, a Philadelphia-based music and entertainment company, and the University of Maryland's Clarice Smith Performing Arts Center will feature multiple bars, restaurant areas with seating and two stages for artists to perform. U3A worked with the various university and community stakeholders to help bring MilkBoy to College Park. Since 2009, U3 Advisors has served the University of Maryland in College Park, advising on a variety of real estate and place-based economic development initiatives. 

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Press

Towson University seeks to improve downtown through stronger bonds with neighbors

The Baltimore Sun reports on U3A's work with Towson University to deepen connections between the University's campus and the surrounding community.
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Press

Two locally owned businesses find their biggest customers in the Memphis Medical District

“What we’re trying to do is really strengthen the core of the city—Downtown, the Medical District, and the areas around it. ” U3 Advisors Vice President Alex Feldman featured in High Grounds profile of the winners of the Operation Opportunity Challenge. The Operation Opportunity Challenge was presented by the Memphis Medical District Collaborative, U3 Advisors and the EPIcenter. The competition kicked off in late October 2016; winners were announced by mid-December.

Since 2014, U3 Advisors has been working closely with local partners to launch a series of initiatives aimed at revitalizing the Memphis Medical District. Read more about U3 Advisors' work in the Medical District here

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