U3 Advisors was engaged by the Hyde Family Foundations beginning in 2014 to understand the economic and physical impact of eight major anchor institutions in the Memphis Medical District 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. Together, these anchors employ 16,000 people, educate 8,000 students, have $1.2 billion in collective purchasing, and control 250 acres of property. U3 Advisors found that despite the significant size of these anchors, their potential impact within the Medical District has not been fully realized.
U3 Advisors and Sasaki were selected in summer 2016 to develop an innovation district master plan for Arizona State University’s Polytechnic campus, located in Mesa, AZ. As part of its work, U3A conducted market and demographic analysis, defined the value proposition for the Polytechnic campus, identified partnership opportunities with the private sector and allied industries, and prepared an implementation and funding strategy for the district.