UOIT’s Downtown Campus Initiative – Presentation to the Durham Region Association of Realtors
By: Matt Milovick, AVP-Finance & Operations, April 23, 2010
University of Ontario Institute of Technology
Growth in students, buildings and reputationFirst class in 2003 – 947 students
Today – More than 6,500 students
More than 500 full-time and contract employees
More than 3,000 alumni
A new five-year business plan (2010-2015) to build on our phenomenal success to date
Award-winning buildings and facilities
One of the most high-tech campuses in Canada
Growth in students, buildings and reputation
North Campus Projects
Automotive Centre of Excellence$99M, 140k sq.ft.Opening Fall 2010
Energy Research Centre$45M, 100k sq.ft.
Opening Spring 2011
Strengthening the downtown core
More than 1,400 UOIT students to be located in downtown Oshawa in September 2010
New building, renovations and historic recovery
Downtown campus playing a key role in revitalizing the urban core
Phase 1 – Faculty of Education
11 Simcoe St. North opened Sept. 2008
15 Year Lease / 37,000 sq. ft. / 5 floors
320 BEd and 25-50 MEd students projected for Sept 2010
Hi-tech, reconfigurable classrooms, library, student lounge/cafeteria, administrative space, research labs
Phase 2 – Regent Theatre
Acquired through private donation in November 2009
To be used as a lecture hall and performing arts venue beginningSeptember 2010
Next phase of renovations to include upgraded lighting, sound system, IT infrastructure, stage reconfiguration, extensive cosmetic improvements
Phase 2 – 55 Bond Street EastNew home of the Faculty of Humanities and Social Studies
30,000 sq. ft, / 5 floors
20 Year Lease / 50% Equity Stake
1100-1200 BA and 30 MA students projected for September 2010
Hi-tech classrooms, student lounge, administrative space, UOIT Boardroom, support space for Regent Theatre
Phase 2 – Victoria Street Urban Park
To be used as outdoor gathering space, farmers’ market, outdoor performances (stage area), other UOIT and community events
Links “Regent Square” to Hotel Genosha psychology labs
stage
Regent Theatre
55 BondSt.E
Phase 2 – 61 Charles StreetMulti-purpose building (87,000 sq. ft.)
Ready for occupancy September 2010
30 Year Lease / 100% Equity Stake
Hi-tech classrooms, extensive student study space, student services, research space, small café, 106 parking stalls
3rd floor to remain “shelled” for future expansion (ideal for classrooms)
Phase 2 – Hotel Genosha
Basement area (approx. 5,400 sq. ft)
4 psychology research labs
Anticipated occupancy September 2010
Student residences ready in May 2011
PartnershipsUOIT’s Downtown Philosophyis to work with downtown business and services
For example: - GM Centre- Oshawa Clinic- Property management- Library- Parking- Entrepreneurs- Local service providers
Phase 1 & 2 Impacts – By the Numbers:
• Created an urban park
• Contributed 600 temporary construction jobs
• Created 30 FT and 100 PT jobs
• $102M UOIT investment in downtown Oshawa + economic spin off benefits
• Repurposed and rehabilitated 145,500 square feet of underused or unused space in Oshawa’s downtown
• Newly built 30,000 square feet
• Added 106 parking stalls to downtown inventory
Phase 3 – What’s Next?
Business Plan addresses need for future expansion downtown
Discussions underway internally
Further expansion anticipated as early as 2012-13
Stay tuned! There’s more to come!
Questions?
For more information on our building projects
and downtown expansion, visit:
www.uoit.ca
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