Benchmark to Relocate HQ to Rio 2100, Tempe
By AZBEX Staff for Arizona Builder’s Exchange Following a six-month site selection process, Benchmark Electronics has announced it will establish its new corporate headquarters in Tempe’s Rio 2100 office park. In April, Benchmark announced it planned to relocate to Arizona from Texas. The design, engineering and manufacturing firm currently occupies an interim HQ space near […]
Sun Devil Stadium Renovations to Top $307M
By Anne Ryman for The Arizona Republic The project to renovate ASU‘s Sun Devil Stadium is expected to cost an additional $38.9M, bringing the total price tag to more than $300M. Documents presented to the Arizona Board of Regents, which oversees the state universities, ask the board to approve the additional funds, bringing the total project cost to $307M […]
ASU Awarded $4M for Solar Solutions
By Saundra Wilson for Phoenix Business Journal Six projects out of Arizona State University’s Ira A. Fulton Schools of Engineering won awards from the U.S. Department of Energy this month, receiving a total of about $4.3M. The awards, part of the Department of Engery’s SunShot Initiatives, were awarded to projects working to develop affordable, inventive solar power […]
Backer Pulls Out of ASU Biomedical Center
By Brenna Goth for The Arizona Republic Plans to massively expand Arizona State University’s footprint on the downtown Phoenix Biomedical Campus with the help of a billionaire doctor are off, university officials confirmed Wednesday. ASU no longer is negotiating the development of about seven acres of city land with NantWorks, the company led by Dr. Patrick Soon-Shiong, a […]
NE PHX Quietly Abuzz with Development
By Roland Murphy for Arizona Builder’s Exchange For years Downtown Phoenix and anything near the light rail line have gotten the lion’s share of coverage when it comes to growth and development. As, probably, it should have. While generating something like $9B of new development since the start of light rail certainly warrants extensive attention, […]
Groundwork Coming for ASU/Mayo HSIC
By Roland Murphy for Arizona Builder’s Exchange CITY HOPES DEVELOPMENT WILL KICKSTART ARIZONA BIOMEDICAL CORRIDOR After years of planning, development and networking, the next major step in the creation of Arizona State University’s $75M Health Solutions Innovation Center will take place this week. On Wednesday, June 28, Phoenix City Council will consider a staff recommendation […]
ASU Facilities District Rumbling to Life
By Rebekah Morris for Arizona Builder’s Exchange The ASU Facilities District was announced in June 2015 with much fanfare and excitement, but the real work of real estate planning and executing development deals quietly revved up in the background. Catellus was named master developer for the 330-acre, 20-30 year build out. In that deal structure […]
ASU Zeroes in on Bond Money Projects
By Rebekah Morris for Arizona Builder’s Exchange Note: All projects listed below are in the preliminary internal planning stages, and the finance mechanism is not yet determined. One of the notable items in the budget passed by the Arizona state legislature last month was the authorization for the three state universities to sell an additional […]
Paving the Way for CANAMEX
By Ryan Santistevan for Cronkite News Imagine a road trip in 2030 on a super interstate highway that stretches from Arizona’s border with Mexico to the U.S.-Canada border in Montana. And it won’t be just a road on which you drive your car, but an economic investment to the communities through which is passes. Ian […]
ASU Tackles Future of Transportation
Source: Arizona State University/The Arizona Republic Roughly 40 percent of the nation’s roads and major highways are not considered to be in good condition, and about 70,000 of U.S. bridges are structurally deficient. During the 2016 presidential campaign both candidates seized on our failing transportation infrastructure, each promising heavy investments to rebuild roads and bridges. […]