William T. Phillips : An Oral History
Abstract/Contents
- Abstract
- Bill Phillips served Stanford as director of Real Estate through its transition from the University Treasurer’s Office to the Stanford Management Company. In this oral history, Phillips recounts how he came to Stanford and how real estate operations at Stanford have changed in size and structure during his tenure. Projects discussed include the Stanford Research Park, Sand Hill Road improvements, the Stanford Shopping Center, the Rosewood Hotel, the Stanford Redwood City campus, and the expansion of the Stanford Hospital and the Lucile Packard Children’s Hospital.
- Summary
- Growing up in Philadelphia, Pennsylvania • Attending University of Colorado at Boulder • Developing an interest in real estate • Attending MBA program at UC Berkeley in the 1960s • Impact of Professor Sherman Maisel • Working for Draper Companies, a shopping center development company • Traffic studies • Consulting work for a firm in Denver, Colorado • Returning to the Bay Area with Dillingham Corporation • Forming a new real estate consulting and investment management firm with ties to United Kingdom investors • Entitlement processes on the West Coast • 1980s dip in real estate values • Coming to Stanford as director of Real Estate • Decision to take a pay cut to work at Stanford • Treasurer’s Office on Hamilton Avenue • Working with Rod Adams, head of the Treasurer’s Office • Structure of the Treasurer’s Office in the 1980s • Stanford Research Park • Formation of the Stanford Management Company in 1990s • Working with Laurie Hoagland and Diane Healey after the creation of the Stanford Management Company • Changes in Real Estate Division under Curtis Feeny • Sand Hill Road improvement and expansion projects • Working with the City of Palo Alto • Land use in the Stanford Research Park • Risk in real estate • History of the Stanford Shopping Center • Decision to sell a managing interest in the Shopping Center to Simon Properties Group • Tenants in the Stanford Shopping Center, including Edwards Luggage • Changes at the Shopping Center • Political process of Sand Hill Road improvements, including ballot measures O and M • Building of the Rosewood Hotel in Menlo Park • Lands owned by Stanford • Dealing with City of Menlo Park • Complexities of building hotels • Impact of 2008 Recession • Stanford’s advantages in real estate • Stanford Redwood City land purchase and development • Stanford Hospital’s need for expansion and redevelopment • Town- gown relationships surrounding land use and development • New Stanford Hospital and Lucile Packard Children’s Hospital • Appreciation for Rod Adams, Laurie Hoagland, Curtis Feeny, and Andy Coe. • Reflections on growth of income from real estate and impact on university
Description
| Type of resource | text |
|---|---|
| Extent | 1 text file |
| Place | Stanford (Calif.) |
| Publisher | Stanford Historical Society |
| Date created | July 24, 2018 - 2018-07-25 |
| Language | English |
| Digital origin | born digital |
Creators/Contributors
| Interviewee | Phillips, William T. | |
|---|---|---|
| Creator | Phillips, William T. | |
| Interviewer | Horton, Larry N. | |
| Publisher | Stanford Historical Society |
Subjects
| Subject | Stanford (Calif.) |
|---|---|
| Subject | Land use |
| Subject | Real estate development |
| Genre | Interview |
Bibliographic information
| Biographical Profile |
Bill Phillips joined the Stanford Treasurer’s office as Director of Real Estate Investments in May 1987. He became Executive Director of Real Estate when Stanford Management Company was formed in 1991. In 2006, he became Senior Associate Vice President of Land, Buildings and Real Estate. He was granted emeritus status in 2015 on his retirement from Stanford.
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|---|---|
| Audio |
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| Finding Aid | |
| Location | https://purl.stanford.edu/qv258jh9816 |
| Location | SC0932 |
| Repository | Stanford University. Libraries. Department of Special Collections and University Archives |
Access conditions
- Use and reproduction
- The materials are open for research use and may be used freely for non-commercial purposes with an attribution. For commercial permission requests, please contact the Stanford University Archives (universityarchives@stanford.edu).
- Copyright
- Copyright © The Board of Trustees of the Leland Stanford Junior University. All rights reserved.
Collection
Stanford Historical Society Oral History Program interviews, 1999-2022
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