UOIT’s Downtown Campus Initiative – Presentation to the Durham Region Association of Realtors

By: Matt Milovick, AVP-Finance & Operations, April 23, 2010

University of Ontario Institute of Technology

Growth in students, buildings and reputationFirst class in 2003 – 947 students

Today – More than 6,500 students

More than 500 full-time and contract employees

More than 3,000 alumni

A new five-year business plan (2010-2015) to build on our phenomenal success to date

Award-winning buildings and facilities

One of the most high-tech campuses in Canada

Growth in students, buildings and reputation

North Campus Projects

Automotive Centre of Excellence$99M, 140k sq.ft.Opening Fall 2010

Energy Research Centre$45M, 100k sq.ft.

Opening Spring 2011

Strengthening the downtown core

More than 1,400 UOIT students to be located in downtown Oshawa in September 2010

New building, renovations and historic recovery

Downtown campus playing a key role in revitalizing the urban core

Phase 1 – Faculty of Education

11 Simcoe St. North opened Sept. 2008

15 Year Lease / 37,000 sq. ft. / 5 floors

320 BEd and 25-50 MEd students projected for Sept 2010

Hi-tech, reconfigurable classrooms, library, student lounge/cafeteria, administrative space, research labs

Phase 2 – Regent Theatre

Acquired through private donation in November 2009

To be used as a lecture hall and performing arts venue beginningSeptember 2010

Next phase of renovations to include upgraded lighting, sound system, IT infrastructure, stage reconfiguration, extensive cosmetic improvements

Phase 2 – 55 Bond Street EastNew home of the Faculty of Humanities and Social Studies

30,000 sq. ft, / 5 floors

20 Year Lease / 50% Equity Stake

1100-1200 BA and 30 MA students projected for September 2010

Hi-tech classrooms, student lounge, administrative space, UOIT Boardroom, support space for Regent Theatre

Phase 2 – Victoria Street Urban Park

To be used as outdoor gathering space, farmers’ market, outdoor performances (stage area), other UOIT and community events

Links “Regent Square” to Hotel Genosha psychology labs

stage

Regent Theatre

55 BondSt.E

Phase 2 – 61 Charles StreetMulti-purpose building (87,000 sq. ft.)

Ready for occupancy September 2010

30 Year Lease / 100% Equity Stake

Hi-tech classrooms, extensive student study space, student services, research space, small café, 106 parking stalls

3rd floor to remain “shelled” for future expansion (ideal for classrooms)

Phase 2 – Hotel Genosha

Basement area (approx. 5,400 sq. ft)

4 psychology research labs

Anticipated occupancy September 2010

Student residences ready in May 2011

PartnershipsUOIT’s Downtown Philosophyis to work with downtown business and services

For example: - GM Centre- Oshawa Clinic- Property management- Library- Parking- Entrepreneurs- Local service providers

Phase 1 & 2 Impacts – By the Numbers:

• Created an urban park

• Contributed 600 temporary construction jobs

• Created 30 FT and 100 PT jobs

• $102M UOIT investment in downtown Oshawa + economic spin off benefits

• Repurposed and rehabilitated 145,500 square feet of underused or unused space in Oshawa’s downtown

• Newly built 30,000 square feet

• Added 106 parking stalls to downtown inventory

Phase 3 – What’s Next?

Business Plan addresses need for future expansion downtown

Discussions underway internally

Further expansion anticipated as early as 2012-13

Stay tuned! There’s more to come!

Questions?

For more information on our building projects

and downtown expansion, visit:

www.uoit.ca