Presentation on theme: "Current view of the West Northfield Drive focus area Real Estate Development & Reuse Indiana Economic Development Course Horizon Convention Center, Muncie,"— Presentation transcript:
Current view of the West Northfield Drive focus area Real Estate Development & Reuse Indiana Economic Development Course Horizon Convention Center, Muncie, Indiana Parkview Randallia Campus
Green is the New Granite Gen Y and the Baby Boomers have a strong preference for green amenities… and they’re the largest generations in history. Serving these 50 million potential homebuyers over the next years will dominate the U.S. economy. Nationally, consumers are paying premiums of 1.5 to 5% for green development. Surveys are indicating that green is the fastest way to sell a home, and that the neighborhood is more important than the house. Is green the new granite countertop? (Atlantic Monthly) Source: The Atlantic Magazine, Joe M. McIlwain
Green Building Megatrends U.S. Trends 1.Green building growth to rebound 2.Federal momentum has slowed 3.LEED-EBOM will gain momentum 4.Water issues grow in importance 5.Zero net energy to gain traction Global Trends 1.Green building movement will continue to grow 2.Performance disclosures 3.Global carbon ratings 4.Solar power stalls 5.Building management goes into the Cloud Source: Hanley-Wood Builder online
Creating a Dynamic Life Sciences Campus In the Heart of Fort Wayne, Indiana Randallia Campus Future Use Plan & Economic Development Strategy
While space programming and configuration activities are on-going, commitments of Parkview Health System to the Randallia Campus include: At least a 120-Bed Main Hospital Facility with a mix of inpatient acute care, post acute care and rehabilitation services, including skilled nursing facilities Full Emergency Room Services Family Birthing Services Outpatient Services Physician Practices Surgery Suites Parkview Behavioral Health (Will continue to be located on Beacon St.) These services will remain at the Parkview Randallia Campus after the opening of the Parkview Regional Medical Center in Understanding Parkview’s Projected Services at Randallia
HOBSON ROAD PARKVIEW MAIN HOSPITAL COMPLEX ST. ANNE’S RETIREMENT COMMUNITY VETERANS ADMINISTRATION HOSPITAL PARKVIEW BEHAVIORAL HEALTH CROSSROAD CHILDREN’S HOME PARKVIEW CAREW MEDICAL PARK CENTER Parkview Hospital in the Context of a Neighborhood of Institutions and Organizations IN TOTAL, A HEALTH AND MEDICAL CAMPUS OF APPROXIMATELY 150 ACRES ALREADY EXISTS IN THIS LOCATION. PARKVIEW OWNS APPROXIMATELY 65 ACRES. VARIOUS PARKVIEW SUPPORT BUILDINGS
Senior Care Behavioral Health Rehabilitation Orthopedics & BioMechanics Health Technology Life Sciences Education & Research HEALTH CARE DELIVERY EDUCATION & RESEARCH A CAMPUS POSITIONING STRATEGY Beyond a continued Parkview Hospital presence… WHAT IS OUR NICHE? Parkview Health believes that the Randallia Campus, in association with neighboring institutions, can become a National Center of Excellence in Senior Care, Rehabilitation and Behavioral Health Services.
THE FUTURE: A Center of Life Science Activity… Major Employment in higher paying jobs. Significant Education and Research Opportunities Focus on niche Areas and Themes for National Success Significant land for future Economic Development An Artist’s Conceptualization of a Year Vision of a Fort Wayne Life Sciences Campus
Indiana’s $69 billion health industry, defined as biopharmaceuticals, medical devices and instruments, healthcare delivery, laboratories and payors – accounts for over 20 percent of Indiana’s total state taxes and almost 10 percent of the state’s employment. Indiana is one of the nation's top four life sciences leaders as defined by number and concentration of life sciences-related jobs Getting in Alignment with Indiana Economic Development Strategy: An opportunity to tap the momentum and resources committed to Indiana’s Health and Life Science initiatives, such as BioCrossroads and OrthoWorx.
Getting in Alignment with Indiana Economic Development Strategy: An opportunity to expand the R&D capacity of Indiana’s Life Science initiatives 1 2, 3 4, 5, % of total university research in Indiana is in life sciences As the home to some of the best research institutions in the U.S., Indiana is unearthing innovative research, discovering the healthcare solutions of tomorrow. But, there is opportunity in Northeast Indiana. “Medical innovation has significant positive outcomes for the health of the nation, the health of the economy, and the health of Americans.” Battelle Institute
Indiana Adults with a College Degree: Indiana % Lumina Foundation Big Goal for % Additional number of degrees needed to meet workforce needs in ,737 Institutions can address these converging trends, with a more sustainable, cost-effective, public- private partnership model that integrates institutions into communities and leverages economic development strategies. Increasing Demand for Higher Education A State and National Challenge
Getting Started: Creating a Culture of Education and Research The Life Science Education and Research Consortium of Northeast Indiana In July 2011, 5 area education and research institutions agreed to form a consortium to create a culture of education and research at the Randallia Campus. Each institution is collaborating with each other to create dynamic and unique career paths or “ladders” for students – from K-12 through doctoral programs. The physical presence of the Consortium at the Randallia Campus will give unparalleled access for students, faculty and researchers to not only Parkview Hospital, but the tremendous health care assets of its neighbors, including the VA Hospital. Near-term activities are anticipated by Fall 2012, with full occupancy possible by 2013.
Reuse of Existing Buildings Provides Vessels for Jobs: Driving High Growth, High Wage Employment Source: Indiana Department of Workforce Development, 2011 High Growth and High Wage Employment: The Randallia Campus is an opportunity to align and support the implementation of local, regional and state economic development initiatives around life sciences. $33, Median Wage