Using Schools as Centers for Urban Revitalization

Abstract

Summary

Universal Companies, a successful real estate developer in South Philadelphia, took the unusual step of getting into the business of education. Seeking to address at a holistic level the social ills that plagued the neighborhoods in which they operate, they set their sights on schools as a way to redevelop a sense of pride and ownership within communities.

By providing an education that meets all the needs of students, and making schools a center of resources for families and community members, Universal has developed a model that has not only turned around academic performance, but has begun rebuilding the fabric of communities. In joining their experience in real estate and commercial development with their educational model, Universal envisions a future where wealth is retained within the community by creating opportunity for employment and entrepreneurship.

With a federal Promise Neighborhood Planning Grant, Universal has partnered with the City of Philadelphia and the Philadelphia School District to fully develop their model of education by engaging stakeholders from all sectors to develop the means to identify, deliver, and evaluate the impact of services offered. This model will be scaled within the defined parameters of two South Philadelphia neighborhoods, based on the model of Harlem Children’s Zone.

Abdur-Rahim Islam has been President/Chief Executive Officer of Universal Companies since its inception in 1993. Universal has been a major influence in the revitalization efforts being undertaken in South Philadelphia by Kenneth Gamble. Under Islam’s direct leadership over the past 15 years, Universal Companies has developed more than $600 million of real estate; it manages six public schools and has a staff of more than 400 professionals. Islam is a graduate of LaSalle University with a dual degree in accounting and finance.