Stanford University faced a dilemma in 1950: it had lots of land and nothing to do with it.
That changed when Frederick Terman, the university’s then-provost and dean of engineering, conceived his idea for the Stanford Business Park — a university-owned space near the school where businesses could grow and tap into Stanford’s resources for help along the way. What Terman didn’t know is that his idea would transform Santa Clara County and the surrounding region into Silicon Valley — an epicenter of development for the modern world.
David Adams, the University of Cincinnati’s chief innovation officer, envisions the same concept materializing just steps from UC’s campus.
The Uptown Innovation Corridor is a mixed-use development in Avondale in which the city hopes to attract businesses to open offices, retail spaces and residential accommodations. UC currently operates one building in the district, the 1819 Innovation Hub; and plans to open a second building, dubbed the Digital Futures Building, in 2021.