New York Medical College
Dana Road Laboratory Business Plan
U3A was selected by New York Medical College through a competitive process to develop a business plan for the renovation and programming of a 120,000 square-foot laboratory facility with a mix of private tenants and research programs. U3A completed an analysis of the local market and identified three primary development options. Working with an architect, U3A developed the capital budget, identified financing sources, and prepared a complete financial analysis of the development options. U3A also assisted NYMC to identify and negotiate with potential development partners and service providers.
NIH Extramural Research Facilities Improvement Program
U3A was retained by New York Medical College in 2009 to revise the plan and program for the Dana Road laboratory facility and assist the Medical College in its application for National Institutes of Health infrastructure grant monies available under the American Recovery and Reinvestment Act. Working with an architect and Medical College staff, U3A developed a project narrative, an updated capital budget, and an implementation strategy.