UALR willing to occupy Tech Park, chancellor says | Arkansas Blog

Tuesday, July 30, 2013

UALR willing to occupy Tech Park, chancellor says

Posted By on Tue, Jul 30, 2013 at 8:33 AM

Leslie Newell Peacock reports on an interview with UALR Chancellor Joel Anderson on a potential use of the facility to be built by the city-financed Little Rock Technology Park Authority:

University of Arkansas at Little Rock Chancellor Joel Anderson will address the Aug. 14 meeting of the Little Rock Technology Park Authority board of directors and here’s what he will tell them: UALR would consider moving its technology transfer office to a tech park building “if it were reasonably close to campus for easy access.” He said it would not make sense to move if the park were not nearby.

Anderson has been out of town since returning from a trip to technology parks with the authority board and Mayor Mark Stodola. He talked to the Times last week.

Would a shuttle, such as the ones used in the Wake Forest Innovation Quarter in Winston-Salem, N.C., to transport researchers to a medical school and hospital a little over 2 miles away, be “easy access”? Possible, Anderson said, but he expects a shuttle system won’t be feasible until there are “a lot of people riding back and forth and my prediction would be that would be a number of years” off.

Anderson did not say what constituted easy access. But he did say that whatever place the Tech Park authority chooses to locate, he said he would be “a cheerleader” and that the university, which is one of the sponsors of the park “will do all it can” to make the park a success.

The tech park delegation visited the 200-acre Winston-Salem facility, founded by Wake Forest University, and the Cortex research hub in St. Louis in early July. Anderson said a parallel could not be drawn between those parks, which are heavily occupied by university departments, and Little Rock’s future park. The universities in St. Louis (including Washington University and St. Louis University) and Wake Forest are private, with considerable endowments. UALR and the University of Arkansas for Medical Sciences, also a sponsor of the Little Rock park, are publicly funded and “in a different world.”

Both the St. Louis and Wake Forest parks also have significant private funding, including a $186 million investment from Wexford Science and Technology announced last year in St. Louis and R.J. Reynolds in Wake Forest.

Here, “development of a big project is going to have to be creative and entrepreneurial and go step by step” to make up for a lack of upfront private funding. “A great advantage we have is the vote of the people of Little Rock to make a major public investment in it.”

The Angle report on the feasibility of the tech park said the universities here will have to take a major role at first, becoming the major tenants. UAMS would theoretically lease space for embryonic companies that it has helped into being at its BioVentures technology center on campus, though its major capital contribution will be “intellectual” rather than monetary, its leadership has said. There will have to be investment from UALR, Anderson agreed, though how much would depend on location. “Certainly the farther away it is the harder to justify.”

Tags: , , , ,

From the ArkTimes store


Comments (7)

Showing 1-7 of 7

Add a comment

Subscribe to this thread:
Showing 1-7 of 7

Add a comment

More by Max Brantley

Readers also liked…

  • Federal judge wants John Goodson to explain class action maneuvering

    A show-cause order filed Monday by federal Judge P.K. Holmes of Fort Smith indicates class action attorney John Goodson has some explaining to do about the move of a class action complaint against an insurance company from federal to state court with an instant pre-packaged settlement that has been criticized as a windfall for Goodson.
    • Dec 22, 2015
  • Satanic Temple: Make Rapert pay for Ten Commandments monument

    A petition drive has begun to encourage a demand that Sen. Jason Rapert pay for the legal fees in defending his Ten Commandments monument proposed for the state Capitol grounds. It's more work by the Satanic Temple, which has fought church-state entanglement around the country.
    • Aug 28, 2016
  • Jason Rapert vs. Wikipedia

    Sen. Jason Rapert against the world: Wikipedia edition.
    • Jan 23, 2016

Most Shared

  • So much for a school settlement in Pulaski County

    The Arkansas Democrat-Gazette's Cynthia Howell got the scoop on what appears to be coming upheaval in the Pulaski County School District along with the likely end of any chance of a speedy resolution of school desegregation issues in Pulaski County.
  • Riverfest calls it quits

    The board of directors of Riverfest, Arkansas's largest and longest running music festival, announced today that the festival will no longer be held. Riverfest celebrated its 40th anniversary in June. A press release blamed competition from other festivals and the rising cost of performers fees for the decision.
  • Football for UA Little Rock

    Andrew Rogerson, the new chancellor at UA Little Rock, has decided to study the cost of starting a major college football team on campus (plus a marching band). Technically, it would be a revival of football, dropped more than 60 years ago when the school was a junior college.
  • Turn to baseball

    When the world threatens to get you down, there is always baseball — an absorbing refuge, an alternate reality entirely unto itself.

Most Recent Comments



© 2017 Arkansas Times | 201 East Markham, Suite 200, Little Rock, AR 72201
Powered by Foundation