Making a community together.
Innovation Square’s community is growing from an idea to reality.
Innovation Square’s community is growing from an idea to reality. The University of Florida is building on its 25-year track record of success from the Sid Martin Biotech Incubator in Alachua. Innovation Square is the next generation for UF to create more new business ventures from research emerging from the university and bringing companies to the community that are seeking Gainesville’s innovation ecosystem and culture.
The progress of Innovation Square very rapidly has become a significant force for growth and change to the area. The UF Development Corporation was quickly formed and completed the Innovation Square vision plan to set the course for building a new community. UFDC began early on by working with Innovation Gainesville to harness the resources of the City of Gainesville to create collaboration among a wide array of stakeholders. UF next affiliated with private development to open The Continuum residences to house professionals and graduate students. UF’s Research Foundation then set their sights on creating a super business incubator, and in record time, began moving new start up ventures into the Florida Innovation Hub along with UF’s Office of Technology & Licensing.
UFDC is currently renovating space in Ayers Innovation Plaza for an international technology firm, MindTree and more growing enterprises from the Florida Innovation Hub. Innovation Square’s next challenge has been finding the right location with Trimark Properties to build its new 150,000 Class A building, the Infusion Technology Center to open by 2014. UF has developed and accepted its first class of undergraduates for its new Innovation Academy program, which is focused on education of entrepreneurial skills to foster the next generation of ideas and innovation.
UFDC and a private developer are in the planning stages for unique residences, INSPIREation Hall, which will house entrepreneurs seeking to create new technology to be open by 2014. Innovation Square is also working with the Gainesville CRA to build urban open-space connections, as well as Gainesville Regional Utilities and City of Gainesville to complete the key communication and public infrastructure construction to support building a sustainable live, work and play research community. UFDC is in discussions with a number of private developers to plan to develop more space for luxury urban residences, a boutique hotel and retail featuring an urban grocery store to continue Innovation Square’s progression to build a community today.
Presently, the UF Development Corporation is continuing conversations with interested forward‐thinking companies, inducing new start‐ups to incubate and talking with real estate firms about developing innovative spaces for the future.