Gainesville and University of Florida Attracting Praise for Innovation Square

1, July 2013

The growing technological presence in Gainesville and Innovation Square are receiving state-wide attention for developing a model for efficient, sustainable economic growth. A recent article in the Jacksonville Business Journal praises Innovation Square's ability to cultivate an energetic environment and attract international companies by combining access to the university’s talent pool with the synergy of a research park and the lifestyle of new urban millennials

Below is an exerpt from Carole Hawkins' article in the Jacksonville Biz Report:

Master plans to redevelop urban cores and fill them with high-growth companies are great.

Results are better.

Two years ago the University of Florida and Gainesville business leaders envisioned a master-planned urban tech district where research and innovation would flourish. Today that idea is taking off.

Over the past 18 months, four tech companies, including software developers Mindtree of Bangalore, India, and Mobiquity, based in Boston, have moved into Innovation Square with more than 100 jobs, and promises of hundreds more as business operations expand. Two additional companies are poised to announce within weeks.

“It’s exciting. It’s happening a lot quicker than I even imagined it would,” said Ed Poppell, a former UF vice president who today oversees the Innovation Square project.

The idea of the 40-acre development, located between UF’s main campus and downtown Gainesville, is to draw top tech companies by combining access to the university’s talent pool with the synergy of a research park and the lifestyle of new urban millennials.

The district’s seed project was The Florida Innovation Hub, a $13.5 million university-owned tech incubator that opened last year and is now occupied by 25 tech startups.

A new 150,000-square-foot technology office center, Infusion, will break ground next quarter, and a live-learn apartment complex for entrepreneurs, Inspiration Hall, will follow.

Read the entire article at http://www.bizjournals.com/jacksonville/print-edition/2013/06/28/gainesville-and-uf-grow-tech-industry.html


The Gainesville community welcomes Mobiquity to Innovation Square.
Photo Credit: Gainesville Area Chamber of Commerce

TRIMARK PROPERTIES | STAFF | 01-JUL-2013