ASU, Chandler ink 50-year lease for 1,000 student campus - East Valley Tribune: East Valley Education News

ASU, Chandler ink 50-year lease for 1,000 student campus

Print
Font Size:
Default font size
Larger font size

Posted: Friday, February 24, 2012 3:38 pm

Chandler has approved a 50-year lease with Arizona State University for a planned downtown campus that is projected to handle up to 1,000 students in three years. The university will take over the former public works yard, 249 E. Chicago St., to house teaching and research programs from the College of Technology and Innovation.

The city will spend $2.9 million to renovate the aging 33,000-square-foot building. ASU will pay a nominal $1 a year to lease the site. The downtown campus is estimated to have a $23.8 million economic impact in the next five years.

More about

More about

More about

  • Discuss

CD9, Q1: Why are you running?

The Ahwatukee Foothills News hosts a forum with the 9th Congressional District US House of Rep...

Facebook

East Valley Education on Facebook

Twitter

East Valley Education on Twitter

RSS

Subscribe to East Valley Education via RSS

RSS Feeds

Your Az Jobs