Downtown Phoenix, Tempe are Key Parts for ASU’s Real Estate Expansion

Article originally posted on Phoenix Business Journal on November 16, 2020

Momentum in both Tempe and downtown Phoenix is driving Arizona State University’s future real estate expansion, as officials plan even more development to accommodate students, athletics and cultural growth.

In downtown, the university campus could grow to 20,000 students, ASU President Michael Crow said in a recent discussion with the Phoenix Business Journal. The university is currently under construction on a residence hall that will focus on entrepreneurship and the arts, the Thunderbird School of Global Management and an interdisciplinary science and technology building in downtown, with several other long-term projects in the works.

Crow said the university is in the early stages of working with a donor to create a museum downtown and will likely eventually need another academic building and another residence hall at the fast-growing downtown campus.

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