Arizona State University will add at least $317 million in buildings and infrastructure by November 2005, under a plan approved Friday by the Board of Regents.
Five new research buildings totalling $187 million will be funded through the infrastructure bill passed this year by the state Legislature. An additional $130 million in bonds and private donations will cover a new business school complex, renovations of laboratories and infrastructure improvement.
"This is the best package we’ve seen in a long time coming out of ASU," said Regent Don Ulrich.
Regent Fred Boice chimed in his support for the buildings, but asked for a more detailed analysis of how the university will pay annual maintenance costs of more than $5 million. ASU President Michael Crow said the university plans to cover the costs with grant money, and he will soon present more detailed finances.
The new buildings approved Friday include the $73 million second phase of the Biodesign Institute, and:
• A 180,000-square-foot life sciences and technology building, set for the center of the main campus next to the Engineering Center. The facility will house the life sciences, bioengineering and urban environment departments — three of the university’s "high profile" disciplines.
The $74 million building, set to be completed in November 2005, will offer laboratories, classroom space, and faculty and staff offices.
• A 60,000-square-foot geosciences and materials building that will house four disciplines: Geological materials, engineered materials, thermal sciences and nuclear magnetic resonance.
The university’s facilities are in poor condition and are not equipped for state-of-theart research in these areas, according to a report given Friday to the board. The $18 million building, set to be completed in April 2005, will be in the north end of campus, next to the facilities management building.
• By November 2005, ASU East will receive its first research facility, a $12 million building that will house the Applied Cognitive Science Institute, the Healthy Lifestyles Institute, the applied biological sciences and some biotechnology components of the Biodesign Institute.
• ASU will contribute $10 million toward the Arizona Biomedical Collaborative in downtown Phoenix, near the Translational Genomics Research Institute. All three state universities will participate in clinical research, applied research and biomedical education and training at the $27 million facility scheduled to be completed in November 2005.
• The new business school complex on the southeast corner of University Drive and Mill Avenue was approved Friday but will not be funded through the research bill. Instead, ASU has rounded up about $35 million of the $80 million needed through bonds, and Crow told the regents Friday that the university is looking for private donors.
The complex will include a residential, retail and academic component, with a density similar to the Brickyard on Mill project in downtown Tempe, Crow said.
Also on Friday, the regents gave preliminary approval to a new heat and power facility, which has not been priced yet but will be paid for by partnering with an energy services contractor. The building will accommodate the increased power needs of the laboratories on campus and will maintain power in case of a grid failure.
The infrastructure improvements approved Friday will go to all of the university’s campuses and will include $10 million to renovate about 33,000 square feet of outdated laboratories and $7 million for road and utilities work on the East and West campuses. An additional $32 million for telecommunication and infrastructure improvements already have been approved by the board. And $1.6 million already had been allotted to renovate the exercise and wellness building at ASU East.