Curbed.com
Universities, Chasing the Startup Economy, Reshape Urban Real Estate
August 09, 2018
Universities have always been anchor institutions, large landowners, and significant economic forces in their cities. But shifts in the economy and academia have left many seeking new financial partners: According to Sharon Haar, a professor of architecture at the University of Michigan and author of The City as Campus, universities’ public funding stream has dried up, the tuition funding stream is tapped out, and they invest an inordinate amount of their own money in research.