Arizona State University & City of Phoenix Partnership: Creating a Downtown Campus
Raising Educational Attainment Location 2012 Population College Degree Income Scottsdale 223,514 51.9% $48,742 Chandler 245,628 39.0% $31,404 Gilbert 221,140 38.9% $30,254 Peoria 159,789 26.7% $27,802 Tempe 166,842 40.8% $25,357 Surprise 121,287 28.6% $23,618 Mesa 452,084 23.5% $23,387 Phoenix 1,488,750 26.0% $23,091 Avondale 78,256 20.2% $20,179 Glendale 232,143 21.7% $21,614 Tucson 524,295 24.3% $19,935 Arizona 6.5 million 26.7% $24,602 United States 311.6 million 28.6% $27,385 Source: U.S. Census Bureau, American Community Survey, 2010-2012
VISION FOR DOWNTOWN & ASU City s need for vitality, education and sustainable economy ASU s need for expansion to serve a growing state and demand for knowledge workers Phoenix City Council adopts the Downtown Strategic Vision and Blueprint for the Future in 2004 ASU & City execute IGA in 2005 and Master Lease in 2006
ASU Downtown Phoenix Campus Concept 15,000 students 3 million square feet of development; half academic 4,000 student beds Street level retail, mixed-use development Light rail integration
University City Partnership Acquire property for campus Develop initial phases of academic/support space & all necessary infrastructure (~$223M) Lease to ASU at no cost Allow ASU to purchase property for outstanding debt Commitments Transfer property at no cost upon retirement of debt
University City Partnership Fund renewal & replacement account for capital improvements Operate & maintain all facilities ~ $45M per year Fund furniture, fixtures & equipment for all facilities Develop student housing & parking Commitments Transfer Mercado to City Engage in fundraising to support campus
2006 BOND RECOMMENDATIONS 700 citizens volunteered on 14 subcommittees to review $3.2 billion in project and program requests to be paid by GO bonds with secondary property taxes (AV rising) $878 million allocated for public safety, education, streets, neighborhoods, libraries, and other city needs $223 million recommended for ASU Downtown Phoenix Campus improvements City Council approved recommendations Nov. 1, 2005; citizens approved on March 14, 2006 with over 63% of vote
Phase I (Fall 2006) ASU Downtown Phoenix 2,500 students; 250 beds Timeline 300,000 Sq. Ft. academic/support Phase II (Fall 2009) 7,000 students 1.2 M Sq. Ft. academic/support 800 student housing beds filled Build-Out 15,000 students, 1,800 faculty & staff 1.5 M Sq. Ft. academic/support 4,000 units student housing
ASU Downtown Phoenix Fall 2013 Degree Programs College of Health Solutions Cronkite School of Journalism School of Letters & Sciences College of Nursing & Health Innovation College of Public Programs Mary Lou Fulton Teachers College Graduate College Barrett The Honors College University College 10,000 students; 1,200 live-on campus 1.4 M SF ; 1,200 Faculty & Staff
Campus Growth & Progress Students on Campus 12000 10000 8000 6000 4000 2000 0 2006 2007 2008 2009 2010 2011 2012 2013
ASU Downtown Impact Citywide taxable sales down 15% from 07 to 12; Downtown City sales tax revenue up 81% same period Blight & brownfields removal; sustainable development, historic preservation, adaptive reuse, community services Leveraged $389M non-city investment in and adjacent to campus More than 20% all light rail trips associated with ASU
Other Downtown Activity $1.3B light rail 20-mile starter line $600M convention center expansion $350M development of state s largest hotel $690M CityScape mixed-use development 30-acre biomedical campus: home to every public university in AZ
Before ASU Student Housing
After ASU Student Housing
Before Campus Streetscaping
After Campus Streetscaping
ASU Funded Projects After Initial City Phases, ASU has developed: Nursing shell space ($12M+) Sun Devil Fitness Complex: $24M, 74K SF, open to YMCA members Student Center @ Post Office: $5M upgrade - social / club space Studio Arts graduate programs and exhibit space Bank, Service, Nonprofit, Classroom expansions
Evolution of Project Partnership Arizona Center for Law & Society: City provides land at low cost City invests $12M ASU designs, builds, maintains & operates 290K SF facility ASU finances $110M+ Relocating College of Law + retail amenities, public spaces, parking Construction start summer 2014; opens fall 2016
ASU Downtown Results Attracted significant private investment, transit users New jobs, facilities, students, housing, visitors and businesses Downtown revitalization & street activation More & better educational opportunities / attainment Ongoing economic impact
Thank You