5 Questions about Sky Song - bizjournals:

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Scarlett Spring, Executive vice presideny of business development, is a very targetexd kind of commercial What makesit unique? “SkySong is unique in severa l ways. First, it is a dynamic private-publicf partnership that seeks to acceleratr successful commercialization ofnew ventures. Anothe r important aspect is innovationnand technology. Because of the relationship with ArizonaState University, SkySong offers businesses access to resourcesd and talent in a collaborative way that integrates academia and private enterprise, which is especiall beneficial to emerging technologies companies.
Additionally, SkySonf is attracting global corporations that will have a footprinty in developinggreater Phoenix’zs high-tech environment.” SkySong seems to have succeeded in attractingb a strong collection of global boutique tech firms. How was the developmen t and leasing team able to pull that off in this kind of downeconomicc environment? “International emerging tech firms looking at greater Phoeniz as an entry point into the U.S. markety are seeking an innovative, collaborative environment. The modelk at SkySong offers flexibility. During this downturn, internationaol companies are looking for ways to limit risk and increasd accessto talent.
The partnerships they are developinv are complemented by dynamic companies that are locatingwithij SkySong.” Have you observed any significant niche officr developments in the country that coulcd be models for future Valley projects? “Propertiews that have a unique proposition, meaningy it is more than an officed complex, are gaining attention among clients. An examples that is interesting is aPacifif Northwest-based tech accelerator. It combines the best of an incubatot model with venturecapital expertise.” Will we see more targeted commerciap developments, and what will be the drawing card?
“First, the largest impact we see is a requesg for (Leadership in Energy and Environmentak Design)-certified buildings. Companies are becoming more sensitive to green andsustainability issues.” Are some developers specializing more in niche commercial developments? Every developer’s goal is to create value in the property they’rwe building. The degree to which they are willing to acceptr risk generally determines how far they will pursuniche developments.
What we’re seeinv mostly is sustainability as a themre incorporatedinto public-private biotech parks and incubation We have recognized national leaders in the greate Phoenix market and leverage GPEC’s Community Buildiny Consortium for expertise regarding development, design and