ABSTRACT

All industrial parks require a management structure. They may come from the developer, an industrial estate authority, an economic development organisation, a property management firm or the co-located industries themselves. In many ways, the management requirements of an eco-industrial park (EIP) are even more critical to success than they are in traditional industrial real estate. Although there are much more active industrial parks where the management provides other functions, a park where recruitment is based on placing a sign on the perimeter or link solely to attract commercial real estate brokers that are looking to locate prospects often requires administering minimum codes, taking care of the roads and collecting the fees. Industrial park managers have enhanced these roles by providing common sewers and rubbish collection, organising social events and providing canteens, among other strategies. What an ecoindustrial approach requires is stretching the boundaries of common activity by actively seeking connections and beneficial opportunities among participating companies, pro-

actively working with the community and looking to necessary and value-adding functions at the central level.