Sunday, 19 September
6:00 p.m. – 8:00 p.m.
Grand Opening Reception
Celebrating The Authenticity of Place
'That Which Cannot Be Conjured or Kindled'
Live jazz, artistry and the flavors of Phoenix set a desert-warm tone for the kick-off of the CoreNet Global Summit in Phoenix on Sunday evening. Many of the 1,600 corporate real estate (CRE) industry professionals attending the Summit crowded into the Sheraton Hotel here to celebrate a more upbeat CRE industry vibe, and to appreciate how things are so different in the American Southwest – like the splendid palate of a desert sunset or the seemingly infinite views of the horizon. Phoenix, like so much of the wide-open and vast Southwestern landscape, could compete for the title, "Land of the Big Sky."
The Gala theme, "The Art of the Reception," conveyed the texture of the Phoenix lifestyle, a feeling that many locals claim "cannot be conjured, landscaped or kindled with twinkling bulbs." John Ford knew that. So did Frank Lloyd Wright. These creative giants left their mark on Phoenix. Today, the works and performances of local artists on display at the opening event carried the same feeling of authenticity melded from fire and wood, sky and sun, sand and stone reflected from nearby Camelback Mountain and Squaw Peak. And, of course, the desert.
– Richard Kadzis
2:00 p.m. – 3:00 p.m.
Sponsor Appreciation Reception
Sponsors are Recognized for Their Vital Support to CoreNet Global
LEFT: Sponsors were appreciated at a Sunday afternoon reception in Phoenix. From left to right, Chair-elect Matt Fanoe of Coca-Cola Enterprises, Nancy Sanquist of Manhattan Software, Charlotte Coleman of CoreNet Global, and Robin Ronne of Greater Ft. Lauderdale Alliance joined in the fun.
RIGHT: CoreNet Global Chairman Lee Utke of Whirlpool Corporation with CEO Angela Cain and Gray Swoope (right) of the State of Mississippi at the Sponsor Appreciation event.
3:00 p.m. – 4:00 p.m.
New Member Reception
Membership Rebound Leads CoreNet Global Growth Trend
It's proving to be an upbeat year for CoreNet Global, and the Sunday afternoon New Member Reception turned out to be a primary indicator that the association and the corporate real estate (CRE) industry are back on the upswing. More than 150 new members turned out for the reception, the highest number since the last pre-recessionary Global Summit was held in Orlando in the Fall of 2008. The turnout marked a continuation of a robust new member recruiting wave also seen this past Spring at the New Orleans Global Summit New Member Reception.
But the really big news here is the near-record level of corporate end users registered for the Phoenix Global Summit, a hefty 50% of the total audience of 1,600 industry professionals convening here in the Valley of the Sun to compare notes, share war stories, hear about common problems, and maybe even take home a couple of solutions in the form of best practices or lessons learned from the wide array of case studies to be presented here in what has become the industry's most significant knowledge sharing, learning and networking event of 2010.
In fact, the strong proportion of end users or occupiers to service providers and economic developers approaches record percentages set in headier times like the San Diego Global Summit or the Chicago Global Summit some 6-7 years ago in the midst of the Dot Com crash rebound.
CoreNet Global Treasurer Dino Piccini of DTZ will offer supporting metrics when the Summit closes on Tuesday afternoon, September 21. Piccini will report that CoreNet Global's financial health has improved substantially compared to the bottom realized by the association and the industry in 2009, and the current membership growth trend is a key driver of the trend.
Global membership bottomed out in mid-2009 at 6,100 worldwide. The Board asked staff to meet a baseline goal of 6,700 members by the end of the fiscal year in March, 2011. But Piccini will report that the basic goal of 6,700 has already been reached, and that the organization is within range of its stretch goal of 7,000 members - the highest total count attained in the past. A goal of at least 1,000 net new members is also now well within reach, with more than 600 recruited year to date. In addition, membership retention is fueling the upward trend. Retention bottomed out at 61% in 2009, but it's back up to 80% in recent consecutive months and still climbing. The strong growth of the Corporate Partners and Strategic Partners programs is a contributing factor, Piccini will also report. There are 100 corporations and service provider firms in the Partner program today.
"The bottom line," according to Piccini and the positive financial audit recently completed is that, "we project a positive operating income and cash flow for the fiscal year ending March 31, 2011."
– Richard Kadzis
8:00 p.m. – 10:00 p.m.
Salute, A Celebration of Accomplishment
11th Annual Global Innovator’s Award Goes to Space Matrix
for Bangalore Sustainable Housing Development
A project proving that sustainable living in the urban areas of India is not only economically and technically viable, but can also be comfortable and manageable for individuals was selected today as winner of the 11th Annual CoreNet Global – H. Bruce Russell Global Innovator’s Award.
Space Matrix received the honor for its design and implementation of a residential campus in Bangalore that provides living infrastructure for India’s fast-growing sector of service workers.
It’s the first-ever such recognition of an actual case from a developing nation awarded by CoreNet Global, the world’s leading professional association for corporate real estate and workplace executives, as well as for service providers and economic developers.
“In a direct sense,” commented CoreNet Global Vice President of Knowledge Services Tim Venable, “Space Matrix addressed all three key sectors represented within CoreNet Global, accommodating the needs of employees in a sustainability context extending to economic development and service provision.”
In winning the prestigious award, Space Matrix joins an impressive list of past winners with global brand recognition including the Royal Bank of Scotland, Cisco Systems, McKesson, Johnson Controls Inc. and Sun Microsystems (now Oracle).
An important deciding factor in the award judges’ selection of the winner was Space Matrix’s TZED (Towards Zero Energy Development) model, India’s first LEED® Platinum-rated housing development in Bangalore, which houses 80 residential units and 15 stand-alone homes.
“Consensus among the judges in selecting Space Matrix was they left no brick unturned in their presentation,” according to Venable. “Numerous thinkers and designers in developing systems and innovations that clearly were in the realm of out-of-the box ideas and thinking, most notably the fact that they looked at off-site construction waste.”
Leading practitioners from the real estate industry judged the competition and commented on the winning case.
“In addition to the process/approach being the innovation, many of the specific solutions they delivered were, in their own right, innovative and also represented transferable thinking to the industry at large,” said Daniel Johnson of Accenture.
Frank Robinson with McKesson added, “Firms can learn a lesson from TZED, in terms of taking the same approach of looking at every aspect of the project from a sustainability standpoint. And it has a financial payback.”
The five presenting finalists were: Space Matrix, FXFOWLE, Greater Waco Chamber of Commerce, Kansas City Area Development Council and WICELY.
– Richard Kadzis with David Heaton
For photographs and more information about those honored at Salute! 2010, click here.
For more information about the Global Innovator's Award winner, read the CoreNet Press Release (19 September 2010).