Land Development Today - July/August 2007 - (Page 28)

LAND USE In addition to the traditional Defense Department-type tenants, Banashefski said planners envision the PARC will also welcome non-traditional tenants, such as those involved in Homeland Defense and high-tech fields that still have Picatinny-mission relevance, such as nanotechnologies, sensor technologies and acoustics. Within the 1.1 million square feet of space, planners envision about 40 per- cent lab area, 50 percent engineering and office space and 10 percent high-tech manufacturing and final assembly, said Banashefski. All the tenants will be involved in one way or another with the Picatinny mission, said Banashefski. Future phases of PARC call for the development of over one million square feet on an additional 120 acres at the United States Army base. Anticipated CLASSIC SERIES STANDARD HVF THE MASTERS SERIES® VALHALLA CELESTIAL FOUNTAINS® GEMINI VOLCANO & OXYMAX® AERATION SYSTEMS DIFFUSED AIR SYSTEMS AQUAAIR TM AERATION SYSTEMS AIR INJECTORS/HYDROMIXERS ULTIMAX® MASTERCLEAR BACTERIA THE MASTERS SERIES® MEDINA WATER FEATURES FOUNTAINS MASTER THE POWER AND BEAUTY ® OF W ATER WITH AQUAMASTER All AquaMaster® products are available in both 60 and 50 Hz, from 1/3 to 25 HP, in whatever voltage you require. With thousands of successful projects around the world, we know you’ll be pleased with your AquaMaster® product’s performance. Choose The Industry Leader for quality and dependable Fountains, Aerators and MasterClear System Bacteria Products for all your aquatic requirements. Let us help you Master the Power and Beauty of Water we guarantee it! 16024 CTH X, Kiel, WI USA 53042 • 1-800-693-3144 • FAX 920-693-3634 w w w. a q u a m a s t e r f o u n t a i n s . c o m • a q u a m a s t e r @ n i g r e l l i . c o m Circle 122 • or www.LandDevelopmentToday.com/adinfo 28 July/August 2007 Sustainable Land Development Today demand is expected from government contractors at Picatinny and from its main tenant, ADREC, as well as research universities, communications, electronics, nanotech and emerging technology companies worldwide. “This deal makes use of Picatinny Arsenal’s non-excess land to augment our R&D mission through collaboration with the commercial sector,” explained Picatinny commander Major General Paul Izzo. “It also creates income for the base, as the arsenal could reap $500 million in services during the 50-year deal and revenue sharing agreement with InSitech and Advance.” The overall PARC development plan includes one- to three-story build-to-suit and multi-tenanted buildings with labs, office space and multi-purpose space for high tech, defense and academic tenants and users. The PARC design also includes landscaped open space and pedestrian and bicycle pathways. PARC tenants will have access to the amenities of Picatinny Arsenal, which include food services, recreational fields and an 18-hole golf course. In addition, Advance’s plans for PARC include videoconference capabilities, meeting rooms, an auditorium, and classrooms. These amenities will help spur formal and informal collaboration between employees and government workers, further enabling the exchange of information among various tenants and groups in concert with the concept of technology transfer envisioned by Advance and InSitech. Ironically, there has been such high demand for this space by government contracted and non-contracted companies that Advance is considering beginning Phase 2 much sooner than anticipated. Already 30,000 square feet for Phase 1 and 70,000 for Phase 2 has been tentatively reserved for pre-qualified organizations. “When completed, the PARC will be a state-of-the-art, high-tech campus like no other in the country,” said Teen, president and CEO of InSitech. “It will offer significant ‘technology infrastructure amenities’ in a collaborative manner that will foster innovation. As an outstanding example of a public/pri- http://www.aquamasterfountains.com http://www.aquamasterfountains.com http://www.LandDevelopmentToday.com/adinfo

Table of Contents Feed for the Digital Edition of Land Development Today - July/August 2007

Cover Contents Our Voice: Industry Advocates Your Voice: Reader Response Cover Story: Preparing Your Tax Strategy The Rules of the Game Historical Redevelopment Project Profile: Seattle’s High Point Retention: From Ravine to Road Land Use: Picatinny Arsenal Mixed Use: Florida Offices Industry News Products/Services Showcase Classifieds Recommended Reading Advertiser Index Editorial Board The Last Word: What? Me Plan… Urban Development

Land Development Today - July/August 2007

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