May 10, 2013 UBJ

Page 5

UBJ This Week

Contact Jennifer Oladipo at joladipo@communityjournals.com.

Clemson Receives $9M Space in ONE Building By Jennifer Oladipo | senior business writer

clemson university announced Tuesday that the Partners of Greenville ONE has gifted the school an in-kind donation of space worth about $9 million in the newly built ONE Building downtown. Hughes Development Corporation and GAB Properties will give four floors to Clemson’s College of Business and Behavioral Science and other centers. The Clemson Center for Corporate Learning, the Arthur M. Spiro Institute for Entrepreneurial Leadership and the Greenville Branch of the Small Business Development Center will also relocate, making the ONE Building a locus of business and entrepreneurial education. The total gift-in-kind includes 70,000 square feet, which will double the university’s space for those activities. It includes floors five, six, seven and eight and ground-floor space for a welcome center. The renovations are expected to be completed in December, with all of the units moved in and ready to open for the spring semester 2014 in January. Greg Pickett, associate dean of

the College of Business and Behavioral Science and director of the MBA program and Spiro Institute, said the move will bring between 400 and 420 new students downtown, and about 35 staff. Many of the students are expected to be living in the Greenville area, as has been the trend since Clemson began

moving business education to Greenville in 2010. Pickett said Clemson had been looking at various sites for more than a year. “The location and layout of the building are inviting in and of themselves, but it’s the technology and cutting-edge classroom spaces that will have the biggest impact for our students,” Spiro said in a statement. These include cutting-edge distance education and teleconferencing spaces, and classrooms outfitted with “technology pods” to facilitate collaboration. Ten dedicated classrooms will be designed so that they can be broken up into more spaces when needed. There will also be an incubator space intended for start-

ups coming out of the MBA program. Though many students already live in Greenville, their increased presence downtown could also have a positive influence on residential real estate in the downtown area. “Just as the advent of the medical school here in Greenville has galvanized the investor/rental market within shouting distance of the hospital system, the added influx of Clemson students, particularly graduate students, will further stimulate that corner of the market,” said Joan Herlong, owner of AugustaRoad.com Realty. “From the seller’s standpoint, it should create a positive ripple effect, which is a welcome change from the grim market that is finally mostly in our rear-view mirrors.”

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