Posted August 9, 20186 yr "Universities have always made money off the research products of their faculty, that’s not new...But increasingly, the need to monetize research has come to the fore, in a way that it wasn’t in the past" Universities, chasing the startup economy, reshape urban real estate Partnerships with the startup world have changed how universities invest in cities By Patrick Sisson Aug 7, 2018, 1:34pm EDT Dennis Lower, longtime president and CEO of Cortex, a self-styled innovation hub and technology district in St. Louis, calls the sprawling, 200-plus-acre development “a handshake to the millennial workforce” in this Midwestern city. Since 2010, when Lower arrived, Cortex, a nonprofit development and a public-private collaboration between local universities and businesses, positioned geographically between Washington University and St. Louis University, has become a nexus of the new economy. “Every major region is trying to recruit tech companies,” says Lower. “That’s not how we’re going to get where you need to be. We need to grow our own companies, which is one of the main goals of Cortex.” MORE: https://www.curbed.com/2018/8/7/17658662/university-real-estate-development-startup "In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck
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