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PROGRAM SUMMARY

April Program Summary:
Universities Partnering with Developers


Moderator:
Allison Prince
Director
Goulston & Storrs

Panelists:
Cathy Wood
Treasurer of the University and Vice President for Finance
Catholic University

Jim Abdo
President and CEO
Abdo Development

Alicia O’Neil
Senior Associate Vice President for Operations
George Washington University'

Peter Johnston
Senior Vice President and Regional Manager of the Washington, DC Office
Boston Properties

Diane Branch
Associate Vice President, Office of Real Estate Development and Asset Management
Howard University

Timothy Kissler
Principal
CastleRock Properties

Universities are often large landholders and, in recent years, they have begun to recognize the value of their real estate - not just as sites for new facilities, but also as important funding sources. Real estate is not the primary function of a university, however, so school administrators have turned to private companies to serve as development partners. CREW DC invited representatives from three local universities, along with their development partners, to discuss their recent experiences working together on capital improvements projects.

Catholic University is partnering with Abdo Development to redevelop an 8.9-acre across from its campus. Howard University is working with CastleRock Properties to construct the Howard Town Center with the purpose of re-activating the Georgia Avenue corridor near its campus. And George Washington University has joined with Boston Properties to build the mixed-use Square 54 on the former site of the George Washington Hospital complex.

Click here for a list of attendees.

 

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