On Friday July 17th the City hosted a Real Estate roundtable. Ann Wylie, the Vice President of Administrative Affairs, was the primary presenter. There were many Campus and Local officials present and based on the lack of empty seats interest was high. The second speaker was Chris Warren providing details of local economic activity. Here are a few random highlights that I jotted down mainly from Mrs. Wylie’s talk. If you were there and have more to add please do jump in the comment section.
“We would like our Faculty and Staff to live in College Park”
This quote from Mrs. Wylie is music to my ears. She was very emphatic in the desire to encourage more more folks to Live and Work in College Park. This is personal to me becasue 10 years ago I took advantage of the “Live Near Your Work” program to move into CP. The developments proposed need to go forward to encourage more folks like me to put down long-term roots in the area.
East Campus will probably break ground in 18 months.
Of course the enonomy has hit the pause button on just about everything. However this project is moving forward and as soon as other financial hurdles are cleared the project will move ahead.
NOAA on hold.
As Chris already stated in the latest Economic Update the NOAA project has fallen victim to the economy. The primary developer Opus East is suing the General Services Administration and has also gone bankrupt in the process. This leaves the NOAA building 80% complete on the outside and 50% on the inside. The GSA is working to complete the structure however we do not have a completion date.
National Proton Therapy Center
This new center will be located on River Road near the Physics Center. This type of therapy is used for cancer treatments and will be the only center of its kind within a 100-miles. This is a joint venture with the University Medical School.
Mrs. Wylie stated that they were still discussing the effect of magnetic and vibration issues with regards to the campus route for the purple line. And here I thought this subject was put to rest already.
94th Aero Squadron is Done.
Last but not least. I have heard that the 94th has broken their lease and will not be re-opening.