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THE OLD HEAT BUILDING 3. Adaptive Reuse of State Resources <br /> The project revitalizes a historic public building. Instead of constructing <br /> Old Heat:A Multiplicative Enterprise for Regional Economic Development new facilities, Old Heat transforms an underused structure into a hub for <br /> innovation, training, and business development. It stands as a visible <br /> The Old Heat project involves re-purposing the facility to bridge the under- example of cross-regional collaboration that yields measurable economic <br /> leveraged capabilities of the Central Washington region to the needs and returns and expands access to opportunities for Washingtonians often left <br /> opportunities of the larger WA state economic ecosystem. In this respect, the out of the innovation economy. <br /> facility and the activity related to it serve as a funnel for high-value industry to <br /> successfully integrate their supply chain activity into regional resources and 4. Model for Statewide Replication of Strategic East—West Alignment <br /> capabilities. It also serves as an on-ramp for local industry and entrepreneurship The Old Heat project demonstrates how rural communities can convert <br /> to be competitive in national and international markets through activities such as legacy infrastructure into competitive, innovation-driven economies. By <br /> competitive technology integration, university resource collaboration, and supply strengthening Central Washington's connections to statewide manufacturing <br /> chain support. and technology supply chains, it makes the entire Washington economy <br /> more resilient and competitive. Old Heat provides a replicable model <br /> To guide this work, Old Heat is organized around four core objectives that define showing how rural and urban regions can function as one integrated system <br /> its purpose and ensure that every investment, tenant, and partnership advances by sharing talent, technology, and opportunity across the state. <br /> long-term prosperity for both the region and the state. <br /> Together, these four objectives establish the foundation for Old Heat's design <br /> OLD HEAT: MAIN OBJECTIVES and operations. Each translates directly into measurable actions that attract <br /> high-value industries, build local capacity, and ensure that technology, wages, <br /> 1. High-Wage Job Creation and Rural Economic Mobility and opportunity flow across regions rather than concentrate in one. The project <br /> Old Heat converts state investment into high-paying and technology- is intentionally structured to serve as an "accelerator of accelerators," both <br /> based jobs in areas such as advanced manufacturing, aerospace, ag-tech, through the programs it houses and through the broader regional innovation and <br /> and clean energy. It equips residents with technical skills that align with development initiatives it supports. <br /> Washington's innovation economy, helping rural communities participate <br /> in high-wage sectors that typically cluster in metro areas. This approach This approach is already gaining external validation. The National Science <br /> expands opportunity across the state without expanding urban sprawl. Foundation has funded Central Washington University to increase institutional <br /> and regional capacity for advanced technology and workforce development, a <br /> 2. Technology Commercialization and Statewide Tech Diffusion mission that aligns directly with Old Heat's purpose. The model guiding this effort, <br /> Through the activities of Central Washington University(CWU), Old Heat described in the following section, focuses on nurturing the dynamic agency of <br /> connects state research capacity to regional industry, commercializing the region's communities as the true engine of long-term competitiveness. <br /> technologies and spreading innovation beyond metro centers. By linking <br /> Central Washington to the state's major innovation hubs, it strengthens the Rethinking Economic Development in Distressed Regions <br /> overall Washington ecosystem, ensuring that breakthroughs developed in In regions such as Central Washington, economic development has often been <br /> one region create jobs and value across all regions. constrained by immediate challenges, such as limited housing, labor market <br /> mismatches, and underfunded infrastructure, which consume much of the <br /> attention and capacity of local decision-makers. This dynamic prevents long- <br /> Old Heat CERB Feasibility Study 127 <br />