ASU to Reno. Wells Fargo Arena, Build Hockey Venue

By Anne Ryman for The Arizona Republic Arizona State University unveiled preliminary plans last week for a $160M renovation of Wells Fargo Arena with an adjacent indoor sports complex to house men’s hockey, wrestling and gymnastics. The plans were reviewed by the Arizona Board of Regents Business and Finance Committee, and members voted unanimously to send […]

Public to See Tempe Character Area Plan

By Roland Murphy for Arizona Builder’s Exchange The City of Tempe will unveil the draft for its Character Area 3 plan to the public Dec. 5 at the Tempe Transportation Center, 200 E. Fifth Street. The plan details design guidelines and placemaking principles for the Downtown Tempe, Rio Salado | Town Lake, Arizona State University […]

PHX Biomed. Campus Expansion Plan Released

By Stephanie Morse for Downtown Devil Early draft plans for the expansion of the Arizona State University Biomedical Campus were unveiled last week. The goal of the expansion is to create a multidisciplinary medical innovation space that not only benefits university students and professors, but also community members. To make sure the spaces are community […]

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 […]

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 […]