In just one year since Towson University opened its new SECU Arena, total student ticket sales have nearly tripled, from 5,226 to 15,002 tickets sold, increasing revenues for the Athletics department by 50%! For men's basketball alone, student attendance increased by 194% from last season and ticket sales jumped by 209%. Athletic Director, Tim Leonard, attributes the incredible growth in fan following to the 2013 opening of the SECU Arena and men's basketball team's strong performance.
The Avenue development in Washington DC includes commercial office space, retail, and residential units. The full transit-oriented development contributes an estimated $11.5 million in annual city tax revenue.
Since 2006, the University of Pennsylvania has made significant achievements implemented from Sasaki's Penn Connects plan. They've acquired $1.9 billion in new capital investment and $500 million in private real estate development dollars. The university has completed 10 new buildings, 12 renovation projects, and a 24-acre park—for a total of 4.8 million square feet of new and renovated space.
The courtyard at The Avenue eliminates the use of potable water, saving 76,000 gallons of water and approximately $730 per year. The landscape reuses runoff, features native and drought-tolerant plants, and incorporates high-efficiency irrigation systems, reducing water needed for irrigation by 62%.
A new 6.8 mile bus rapid transit corridor along Euclid Avenue in Cleveland, Ohio, helped generate $5.5 billion in public and private reinvestment by creating partnerships between multiple organizations and agencies. The new system resulted in a 58% increase in ridership over the previous line and served two million new riders in its first two years.
The new design of the Davenport in Cambridge maintains the historic character of the original brick and beam structure while incorporating a modern look and feel that appeals to dynamic young companies. Facing low occupancy before renovation, the building is now 95% leased and recently sold for $79 million.
In Oregon, Portland State University's Master Plan calls for high density mixed-use development, weaving commercial and academic activity to create a hub of innovation and entrepreneurship. Mayor Sam Adams proposed a new urban renewal district to support the plan with TIF financing.
Vision plan leverages $35 million in downtown investment
The Cedar Rapids Medical District Vision Plan enticed a large medical clinic to invest in a new $35 million facility, keeping 350 jobs in the heart of the city and drawing 400,000 annual visits. Clustering medical facilities will create greater growth opportunities and support development of related businesses and services.
Framework plan proposes 55% increase of campus trees
Adding over 7,200 native trees across The Ohio State University will provide 80+ acres of new canopy cover, combating the urban heat island effect. The trees will provide multiple benefits, including expected savings of over $21.6 million in stormwater-related infrastructure costs during the lifespan of the trees.
The value of properties abutting Waterway Square command a much higher rent than the greater Houston average. Rent per square foot for apartments shows an increase of 46%, and retail space shows an increase of 32%.
In Pennsylvania, the five acres of wild flower meadow planted for the Wilkes Barre River Commons needs to be mowed only once per year, as compared to traditional maintained lawns which require weekly mowing. The meadow also provides valuable natural habitat for local species.
Penn Connects sets out an exciting plan for the Penn campus. It has reinforced the university's mission and bolstered promotional and fundraising activities, guiding implementation of over 3.8 million gsf of construction and the transformation of former parking lots into Penn Park—a new community open space for the university and broader communities.