Initiatives - December 2018

Page 21

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from leased space to their own building;  HudsonAlpha opens their fourth building on campus, The Paul Propst Center;  Aerojet Rocketdyne refurbishes and moves into the old Boeing facility on Explorer Blvd;  BAE Systems announces 200 jobs and a new 200,000-square-foot facility in the Park;  Radiance Technologies is also building a new facility in CRP; 8 UAH hits record enrollment for a third year in a row, sitting at 9,700+ students; and 9 One of our oldest buildings in CRP that has been vacant for many years is demolished. But maybe the best indicator of just how far we’ve come is looking at the data again. In late Spring, our occupancy rate was just over 90 percent for the first time in years. In looking at the data through November, we’re now over 91 percent occupied parkwide. In multi-tenant occupancy alone, we are 80 percent occupied in East and 91 percent occupied in West. As seen in this perspective, efforts by the City, Chamber, IDB, the County and the many stakeholders inside and outside of the Park have all worked hand-in-hand to revitalize the crown jewel known as Cummings Research Park. We are slated for additional

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growth in 2019, too – with more announcements and continued implementation of the master plan, and creating the all-important sense of place that attracts great employees and great companies to CRP. A great Alabamian once said: “Alone we can do so little. Together we can do so much.” Cummings Research Park’s past, present, and future are the epitome of Helen Keller’s wise words. Erin Koshut Executive Director, CRP A HUNTSVILLE/MADISON COUNTY CHAMBER PUBLICATION

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CPCS.uah.edu/PDSolutions | 256.824.4430 dec 2018 initiatives 21


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