Fuchs’ Legacy in Cornell’s ‘New Campus for New Age’

Kent Fuchs’ egoless, warm and genuine personality combined with an uncompromising integrity and determination to win are some of the attributes that Fuchs will bring to the University of Florida. 

These attributes also helped Fuchs launch Cornell NYC Tech. This initiative is a $2.1 billion, 2-million-square foot project that spans over 30 years and will redefine Cornell University. Fuchs also took part in the negotiating team that secured a $350 million gift from Charles Feeney, an alumnus, and $133 million to fund Jacobs Technician-Cornell Institute.

Out of all his initiatives, Cornell NYC Tech is a transformative lifetime project. It will help commercial technology by constructing new companies and renovating the industry in New York. This type of project illustrates the kind of complex, big-ticket project Fuchs could bring to University of Florida.

Fuchs’ associates at Cornell believe the University of Florida is a good fit for Fuchs. His background as a world class engineer and his support of technological innovation and discovery will foster the university’s aspiration to grow from a top flight university to a world class university. Fuchs stepped into the position as President on January 1.

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Nick Banks

Nick created Front Street Commercial Real Estate Group in 2002 and spent the first eight years developing and acquiring office and retail projects in South Florida as well as North Central Florida. In 2010 the focus of the firm was shifted to primarily serve third party clients and perform brokerage, property management and mortgage banking functions. Nick has personally developed and acquired nearly 200,000 square feet of office and retail properties in markets throughout Florida. Prior to founding Front Street, Nick was the Director of Finance and Dispositions for Stiles Corporation in Fort Lauderdale where he financed and sold over $500 million in commercial real estate. Before joining Stiles, Nick was an Associate Director at GE Capital Real Estate where he sourced over $200 million in financing throughout Florida. Nick is a graduate of the University of Florida with a degree in Finance and a concentration in Real Estate. He serves as a board member and current vice-chair for the United Way of North Central Florida where he also chairs the Development Committee. Nick is actively involved with the Gainesville Area Chamber of Commerce where he serves as a board member and committee member for the Council for Economic Outreach. He is also a recent graduate of Leadership Gainesville which is a year long leadership program hosted by the Chamber. He is a member of Grace United Methodist Church where he has served as finance chair and as a member of the leadership council. Nick serves as an advisory board member of the University of Florida Bergstrom Center for Real Estate Studies. Nick was recently named chair of the Gainesville committee for the North Florida chapter of Urban Land Institute (ULI). He is a licensed real estate broker in the State of Florida and is a long time member of the International Council of Shopping Centers.

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