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City of Scottsdale & ASU SkySong Receives Excellence in Economic Development Award from the International Economic Development Council

SCOTTSDALE, Ariz. - Oct 12, 2015 City of Scottsdale & ASU SkySong received a Silver Excellence in Economic Development Award for its 2015 project in the category of Partnerships with Educational Institutions for communities with populations of 200,000-500,000 from the International Economic Development Council (IEDC).

The honor was presented at an awards ceremony on Tuesday, October 6, during the 2015 IEDC Annual Conference, which was held October 4-7, in Anchorage, Alaska.

“From localized community projects, to large scale endeavors, economic development efforts have played a vital role in the global economy,” said JoAnn Crary, CEcD, Chair of the International Economic Development Council and President of Saginaw Future Inc. “As we address new and longstanding challenges, these efforts continue to take on even greater importance. The award serves as a salute to pacesetting organizations like the City of Scottsdale & ASU SkySong for leading the charge."

The development of SkySong, the ASU Scottsdale Innovation Center, is a public/private partnership between a local municipality and a leading higher educational institution which addresses and impacts real estate development, economic growth, technology transfer and entrepreneurship. Located in south Scottsdale, Arizona, at the major intersection of Scottsdale Road and McDowell Road in the City’s Los Arcos Redevelopment District, SkySong is a creative solutions-oriented model designed to revitalize a geographic area while offering regional impact with a focus on entrepreneurial development. The partnership is between the City of Scottsdale, Arizona State University, and the ASU Foundation for the New American University for the development of a 1.2 million sq. ft. commercial project also housing university business units and entrepreneurial programming. The City acts as the property landowner, the ASU Foundation as the development partner, and ASU as the programmatic and economic development operational partner. It is estimated that at full buildout by or before 2038, SkySong’s overall economic impact will total $9.2 billion.

“The outstanding partnership among the City of Scottsdale, ASU and the ASU Foundation has allowed us to positively impact local, regional and global businesses in an invigorating and inspiring physical location,” said Sethuraman Panchanathan, Senior Vice President of the Office of Knowledge Enterprise Development at ASU.  “SkySong has already proven its value to the community, and we look forward to its continued growth and impact on the economic development of the City and the metropolitan region.”

Recipients of IEDC's Excellence in Economic Development Awards demonstrate to an experienced panel of judges that they are at the forefront of the economic development profession. They are recognized as the world’s best economic development programs and partnerships, marketing materials, and the year’s most influential leaders. These awards honor organizations and individuals for their efforts in creating positive change in urban, suburban, and rural communities.

About the City of Scottsdale

Scottsdale, one of Arizona’s 10 largest cities, is a premier visitor location as well as a tremendous place to live and do business. It is home to 125 golf courses, 220 tennis courts, dozens of parks and hundreds of miles of bike paths and hiking trails, and a Downtown with more than 20 hotels, 90 restaurants, 320 retail shops and 80 art galleries. Scottsdale Airport and its surrounding Commerce Airpark area is headquarters to nearly 2,500 businesses with more than 48,000 jobs. The high-tech innovation center SkySong, located just a few miles from Downtown, is designed to help companies grow through a unique partnership with Arizona State University. Scottsdale was recently named one of the Top 100 Best Places to Live in the United States, and was honored as Arizona’s 2013 “eCity” by Google. For more information, visit ChooseScottsdale.com.

 

About the International Economic Development Council

The International Economic Development Council (IEDC) is a nonprofit membership organization serving economic developers. With more than 4,600 members, IEDC is the largest organization of its kind. Economic developers promote economic well-being and quality of life for their communities, by creating, retaining and expanding jobs that facilitate growth, enhance wealth and provide a stable tax base.  From public to private, rural to urban and local to international, IEDC’s members are engaged in the full range of economic development experience. Given the breadth of economic development work, our members are employed in a wide variety of settings including local, state, provincial and federal governments, public private partnerships, chambers of commerce, universities and a variety of other institutions. When we succeed, our members create high-quality jobs, develop vibrant communities, and improve the quality of life in their regions. www.iedconline.org.

 

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Media Contact:

Christian Green

Economic Development Manager

City of Scottsdale

cgreen@scottsdaleaz.gov

Phone: (602)363-2306

 

 

 

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