Kennesaw State University renames street to honor outgoing Foundation chair

NJR 6246_hires (2).jpg

Norman Radow served as chair of the KSU Foundation from 2007-2012

Click here for a downloadable photo of Norman J. Radow

KENNESAW, Ga.  (Oct. 26, 2012)  —  Kennesaw State University has renamed a street within the newly-developed sports and athletic complex “Radow Way” in honor of longtime Foundation trustee and former chair Norman J. Radow.

Radow served as chair of the Kennesaw State University Foundation Board of Trustees for five years starting in 2007.  His contribution to the University was honored last night during the Foundation’s Annual Dinner at the Four Seasons Hotel in downtown Atlanta. Radow joined the foundation as a trustee in 1999 and has been instrumental in the University’s growth. The event also recognized and celebrated the election of the new chair, Connie L. Engel.

“Norman Radow has been a tireless supporter of Kennesaw State University and we thank him for his leadership, his vision and his determination,” said Kennesaw State University President Daniel S. Papp. “He has helped the Foundation substantially increase its endowment. If not for Norman’s expertise, we would not have been able to expand the University’s footprint. Norman was with us when we acquired the properties that we needed. He was here for the planning of many of our facilities, the construction of several of our buildings and the opening of our student housing. He has helped make us what we are today.”

Radow’s time on the Foundation has meant tremendous and dynamic change for Kennesaw State. In 2007 the University launched its first comprehensive capital campaign. The campaign’s goal was to raise $75 million in five years. It reached that goal 15 months ahead of schedule, despite the slowing economy.

“Kennesaw State has benefited tremendously during Norman Radow's leadership, transforming from a commuter school into the residential university on the cusp of national prominence,” said Richard Corhen, chief operating officer of the Foundation.

Radow’s commitment to the University is seen throughout the campus. He has played a role in several improvements such as: the $26-million residence hall University Place II, which brought the total number of student beds on campus to 3,500; the Central Parking Deck, which added 2,700 spaces; and The Commons, the $21-million student culinary center.

Another major project Radow influenced was the expansion of Kennesaw State’s sports and recreation facilities.This past April, the University opened Phase III of the 88-acre Sports and Recreation Park at George Busbee Parkway and Big Shanty Road.  The complex includes fields, an NCAA-regulation track, a .92-mile walking/jogging trail and a nine-acre lake. They all are adjacent to an 8,300-seat stadium that hosts sporting events and concerts. Radow Way is within the complex.

The Foundation furthers the interests of Kennesaw State by helping support, guide and protect it and by  assuming fiduciary responsibility for private gifts to the University.

The Kennesaw State Foundation made its first real estate acquisition in 1999, when it purchased the former Outlet Limited Mall for the University’s Continuing Education facilities. Today, the Foundation has operating revenues of more than $40 million and more than $400 million in assets under its management.

Radow is the founder and CEO of The RADCO Companies, which was established in 1994. The company’s first project was the redevelopment of the 53-story Grand Hotel Office and Condominium Tower in Atlanta. The property was in distress when RADCO acquired it and transformed it into the Four Seasons. The company has redeveloped distressed properties in major U.S. cities including New York and Los Angeles.

Radow earned his J.D. from New York Law School and his B.A. from the State University of New York, Plattsburgh. He is admitted to practice law in Georgia and New York. He has been an adjunct professor at Emory Law School and lectures frequently on real estate law.

The University System of Georgia Board of Regents approved the name change in October.

# # #

Kennesaw State University is the third-largest university in Georgia, offering more than 80 graduate and undergraduate degrees, including doctorates in education, business and nursing and a new Ph.D. in international conflict management. A member of the 35-unit University System of Georgia, Kennesaw State is a comprehensive, residential institution with a growing student population of more than 24,600 from 130 countries.