Collaborative Economy Lab

Embed Size (px)

Citation preview

  • 7/31/2019 Collaborative Economy Lab

    1/9

    A proposal for a multi-use, cross-sector development

  • 7/31/2019 Collaborative Economy Lab

    2/9

    I N T R O D U C T I O N

    The slow decline of industrial manufacturing in

    developed nations and recent failures of financial

    capitalism across the globe have sent us searching

    for a new model of economic growth. I see the two

    movements of Technology Entrepreneurship and

    Social Entrepreneurship beginning to converge

    into a promising solution. An increasing number of

    entrepreneurs are awakening to the possibility of

    combining the scalable tools and methodology of

    Technology Entrepreneurship with the world-centric

    value system of Social Entrepreneurship. Together

    they create a new type of entrepreneurship that could

    become our primary source of socioeconomic value

    creation. What do we call this movement? I propose

    we call it Transformational Entrepreneurship.

    Max Marmer

    B A C K G R O U N D

    The Beury Building is a 14-story, 112,000 square foot Art Deco skyscra

    completed in 1933 and listed on the National Register of Historic Places.

    Towering above the intersection of North Broad Street, West Erie Avenue, an

    Germantown Avenue, the Beury is the key property in the neighborhood and

    one of the most recognizable landmarks in North Philadelphia. A redeveloped

    Beury will serve as the commercial flagship of the revitalized Broad & Erie

    neighborhood.

    BROAD & ERIE

    Where North Philadelphia Comes Together The Beury sits atop the Broad & Erie Statio

    the third busiest stop on SEPTAs Broad Street line, and is located only two blocks nor

    of the Temple University Hospital and medical campus, a dominant economic presenc

    in North Philadelphia. The teams branding effortunder the slogan Where North

    Philadelphia Comes Togetherwill emphasize the role that the Beury Building plays

    critical hub tying together anchor institutions, the neighborhood, and the city as a who

    THE TIME TO REDEVELOP IS NOW

    A pro-development mayoral administration won reelection in Philadelphia in fall 2011

    and its citywide master plan through 2035 incorporates the Beury Building as the nort

    anchor of the Broad Street commercial axis stretching north from Center City.

    REBRANDING THE NEIGHBORHOOD

    The Beury Building is a widely recognized landmark in North Philadelphia, and the

    fortunes of the Broad & Erie district hinge upon its redevelopment. The team will devo

    significant efforts to engaging the community as part of its outreach effort, with a maj

    online presence devoted to spotlighting local retailers and residents, all under the W

    North Philadelphia Comes Together sloganwhich demonstrates place, purpose, an

    connection to the Broad & Erie neighborhood. In addition, the team sees the presence

    the Temple University medical campus as a source of valueas yet untappedthat c

    be leveraged to benefit the wider neighborhood.

  • 7/31/2019 Collaborative Economy Lab

    3/9

    A B O U T T H E B E U R Y

    The Beury Building is a

    landmark, with great transit

    access and proximity to

    medical and academic

    institutions that anchor the

    Broad & Erie neighborhood

    and North Philadelphia.

    The Beury Building was constructed between

    1929 and 1933 at 3701 North Broad Street.

    Originally home to the North Philadelphia

    National Bank, this 14-story, approximately

    112,000 square foot building is the only art deco

    skyscraper outside of Center City Philadelphia.

    The Beury sits atop the bustling intersection

    of North Broad Street, West Erie Avenue and

    Germantown Avenue. The building is adjacent to

    the Erie Avenue station, the third-busiest station

    on SEPTAs Broad Street line, and once boasted

    a direct underground connection to the station.

    For decades, the Beury served as a commercial

    anchor in North Philadelphia as a bank and office

    tower. In 1985, in recognition of its architectural

    significance, the Beury Building was listed on the

    National Register of Historic Places.

    The official designation of the Beury as a

    landmark came at the nadir of the neighborhoods

    fortunes in the 1980s, against the backdrop of

    Philadelphias decline in the decades after World

    War II. The crumbling of the citys manufacturing

    sector and flight to the suburbs led to the

    widespread abandonment of property. The Beury

    Building was no exception. Once the beacon for

    a prosperous North Philadelphia, the Beury lost

    all its tenants. Vacant for over two decades, the

    building became a target for vandalismand,

    towering over low-rise North Philadelphia, a clear

    symbol of the areas decay.

    Since the Beury Building is such a widely

    recognized landmark - and because its decay

    and abandonment have for so long been a visible

    sign of the neighborhoods healththe team

    believes that the Beurys redevelopment will

    determine whether the neighborhood revives

    rapidly or more slowly. With this in mind, the team

    will devote significant marketing effort to branding

    and promoting the Broad & Erie neighborhoodto

    emphasize the centrality of the location in North

    Philadelphias identity. We strongly believe that

    the Beury Building provides intrinsic value, and

    the foundation for successful redevelopment the

    entire Broad & Erie neighborhood.

  • 7/31/2019 Collaborative Economy Lab

    4/9

    A Collaborative Economy Lab

    O V E R V I E W

    Our cities, and Philadelphia in particular, face

    a large set of dynamic issues from youth

    unemployment to immigrant inclusion that

    are critical to the wellbeing of our communities.

    Fortunately, successful models exist around the

    world that address these issues, but they remain

    isolated examples that have yet to realize their

    full potential for working together.

    The economy of the future will have to work for both

    people and the planet, dissolving siloed approaches that focus

    only on the planet or only on social problems. Investing within

    planetary growth boundaries is complex and calls for new,

    multidisciplinary partnerships that break down traditional

    barriers across the many sectors of our economy and society.

    However Philadelphia is uniquely positioned to bringthese best practices and creative means into one unified

    place Beury : A Collaborative Economy Lab.

    > Doing so will require bringing together valuable strangers

    Including young world-changing entrepreneurs, experienced investors, world-renowned

    scientists, distinguished academics, public servants with a long, proven track record,

    environmentalist, business professionals, activist, techies, artists, food systems professionals,

    hackers, educators

    > Doing so will require bringing together and using all forms of capital

    Including social, financial, intellectual, human, and natural to solve economic, social and

    ecological problems within a holistic framework.

    This will create the kind of environment where philanthropic funders focused on species

    extinction learn to partner with investors focused on market-based solutions to poverty.

    Partnerships such as these will lead to new forms of investment funds that will benefit the

    commonwealth of Philadelphia. By creating a single space for these private, public, and social

    sector actors to come together, we will be able to improve individual lives, boost the economy,

    and ensure the stability and shared prosperity of Phillys social economic fabric.

  • 7/31/2019 Collaborative Economy Lab

    5/9

    I D E A I N B R I E F

    We aim to make Philly the premier mosaic for collaborative

    innovation that once joined 13 colonies into what became the most

    powerful and prosperous nation by bringing together all of the

    community assets, experiences and collective wisdom from innovators

    and entrepreneurs around the city and country to bridge the gaps in each

    others innovations and strengthen our collective impact.

    By creating a center of collaborative innovation across sectors, disciplines and

    soci-economic demographics, we are building & fostering a culture & ecosystem

    to allow the north Philly community to think, discuss, collaborate and build

    the goods and services that lift people to higher socioeconomic status and

    create the solutions for the cities health, environmental, technical, social and

    economic needs.

    To be an inclusionary economic engine for north Philadelphia;

    creating economic empowerment and shared prosperity

    opportunities across class, race, sector and discipline to create a

    strong middle class and healthy, efficient and resilient local economy.

    V I S I O N

    M I S S I O N

    Make the top 4 floors residential partnering with thecosp

    The top floor is a social entrepreneur residency program for thos

    willing to commit to staying in Philly for 2 years. The 1st year the

    would be 100% subsidized by the profit making activities in the re

    the building. The 2nd year would be 50% subsidized.

    The other 3 floors are student and young professional housing fo

    people involved in the collaborative innovation that primarily ben

    Philly, with all rent at affordable rates.

    R E S I D E N T I A L

    > 4 floors

    P O T E N T I A L P A R T N E R S & B E S T P R A C T I C E

  • 7/31/2019 Collaborative Economy Lab

    6/9

    Uniquely designed space that provides a creative environment

    as well as a professional infrastructure to work, meet, learn

    and connect. We believe physical spaces are key to our impact.

    Whether you are already working on a concrete project, have the

    first sparks of an innovative idea or just the intention to contribute

    your time, energy and talent to make a positive difference, the

    Beury provides a carefully curated experience to help take your

    initiative to the next level.

    C O - W O R K I N G

    > 1 floor

    P O T E N T I A L P A R T N E R S & B E S T P R A C T I C E S

    A place where members from both the community and

    of the building may rent for their own events.

    E V E N T S S P A C E

    > 1 floor

    P O T E N T I A L P A R T N E R S & B E S T P R A C T I C E

  • 7/31/2019 Collaborative Economy Lab

    7/9

    One floor dedicated to organizations that provide infrastructure-

    building services to the tenants.

    The other 2 floors for rental, dedicated office space, for startups,

    small biz & non profits.

    S H A R E D O F F I C E S P A C E

    > 4 floors

    P O T E N T I A L P A R T N E R S & B E S T P R A C T I C E S

    Partner with the local community of moms, aunts & grandmas

    to work along side with students majoring in education and c

    development to create a nurturing place where the folks in th

    community can drop off their kids while they work or attende

    events at the building.

    Y O U T H I N N O V A T I O N C E N T E

    > 1 floor

    P O T E N T I A L P A R T N E R S & B E S T P R A C T I C E

  • 7/31/2019 Collaborative Economy Lab

    8/9

    L A B & I N C U B A T I O N S P A C E

    > 1/2 floor

    A place where R&D can be pursed, and nurtured. Where thecommunity can come try out ideas and co-create their owns

    solutions. This could also be a pipeline for the co-working space.

    P O T E N T I A L P A R T N E R S & B E S T P R A C T I C E S

    Partner with other organizations to create a rich and dyna

    community center focused on life long learning and perso

    development.

    Classes to benefit to community, which creates the foundation

    more innovation.

    L E A R N I N G C E N T E R

    > 1/2 floor

    P O T E N T I A L P A R T N E R S & B E S T P R A C T I C E S

  • 7/31/2019 Collaborative Economy Lab

    9/9

    Grocery store (with built in pharmacy)

    Co-op Retail store that sells social enterprise products made in Philly.

    Caf model after:

    R E T A I L

    > 2 floors

    Create energy via the following trifecta. Thus instead o

    energy bill you have an energy income.

    Solar Mosaic is an online marketplace that connects invest

    to solar projects in their communities and around the world

    investing in solar projects individuals can work together to c

    clean energy and prosperity. http://solarmosaic.com

    Altaeros Energies is developing a breakthrough airborne w

    turbine to produce abundant, low cost, renewable energy. A

    uses safe and reliable aerospace technology to lift wind turb

    operate at higher heights where winds are much stronger a

    consistent than on the ground. - http://www.altaerosenerg

    Partner with Penn, Temple & Drexel to subsidized cost to stu

    for the entire innovation lab. Lowering the cost of each univ

    to build their own center and increasing the quality of innov

    trough intercollegiate collaboration.

    E N E R G Y

    C O L L E G I A T E C O L L A B O R A T I