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Front Page
AED
Thursday, March 27, 2008
Combined Efforts of Government Entities, Private Sector Have Made Science Park a Success
By Andrew Webb
Copyright © 2008 Albuquerque Journal; Journal Staff Writer
A few years ago, Jackie Kerby Moore, executive director of the Sandia Science and Technology Park, got the first sign that quarterly picnics thrown for tenants were starting to pay off.
"I remember the first time I drove back to the office after lunch and saw two company presidents walking together," she recalls. "We wanted to create a technology community to do business and grow and succeed together, so that was a special moment."
The southeast Albuquerque tech park, a massive collaboration between Sandia National Laboratories, the city, the state and multiple land owners and funding sources, turns 10 this year.
And by all accounts, the project has been a success.
"Everything fell together like a hand in a glove," said Dan Hartley, a now-retired former vice president of development at Sandia National Labs, who began discussing the idea of a tech park with local and state officials in the early 1990s.
"Today, I think it's viewed as one of the most successful science and technology parks in the country," he said.
1 million square feet
Today, the park's 27 tenants account for just under 1 million square feet of office, lab and manufacturing space, spread over roughly 70 acres and linked by a high-tech fiber optic telecommunications system, a network of new roads and small landscaped "pocket parks" with shade structures and fitness activities.
The park and its remaining 100-plus developable acres front the eastern edge of Kirtland Air Force Base and Sandia National Labs, and are surrounded by housing developments to the north and east.
Back in the 1990s, this was the edge of town empty lots that gave way to a network of dirtbike paths and illegally dumped trash abutting the labs' massive backlot.
"We saw that big piece of land out there on Eubank every day, and we thought, 'Let's pull those land owners together and pull together a tech park,' '' Hartley said.
Hartley, whose work at Sandia involved the transfer of lab-developed technology to the private sector, discussed the concept with other tech commercialization promoters like Sherman McCorkle, who founded Technology Ventures Corp. in 1993 to match would-be entrepreneurs with venture capital and would later become chairman of the park's nonprofit governing board.
In the beginning
Beginning in the 1950s and intensifying as government funding for nuclear weapons research slowed after the Cold War, national laboratories around the country were looking for ways to interact with, and in some cases, cooperate on research with, or license technology to private sector businesses.
Using as a model the Raleigh-Durham, North Carolina's Research Triangle Park, labs and universities in the 1980s began in earnest to build launchpads for private companies "spun out" of government-funded research.
And Albuquerque, where many high-tech companies are closely tied to business with the labs, appeared to have just such a location.
Moore, then Hartley's business manager at Sandia, says she reluctantly agreed to begin contacting landowners, which included Albuquerque Public Schools, the State Land Office, the Department of Energy and a patchwork of private owners.
Then, in December of 1997, tech park backers got an enviable break Emcore Corp., a publicly traded materials firm then based in New Jersey, decided to buy MicroOptical Devices, or MODE Inc., a lab spinoff company whose tiny lasers held much promise for the telecommunications industry, for $30 million.
"Literally, the next day, they said they wanted to begin building in nine months, right outside the (labs') gate," Moore said. "We hadn't even put the land together yet."
Ground was broken for Emcore in May of that year, the city soon thereafter agreed to widen and improve Eubank SE to allow access, and the labs sponsored a two-day business conference to lure companies to the park.
"There has been a project under construction ever since," Moore said.
Diverse arrangements
Ownership of the park's buildings is as diverse as the land they sit on. Some buildings are owned by their tenant companies, while others are built and leased by local developers, like Build New Mexico and private landowners within the park.
Today, the park's list of tenants includes: