By Rebekah Morris for Arizona Builder’s Exchange
Note: All projects listed 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 $1B in bond funds for new research facilities.
Naturally, the A/E/C industry would want to know details about any plans for using this new source of funds and what projects they might pursue.
Speaking with John Creer, Assistant Vice President of Real Estate for Arizona State University, he stated that the following projects are likely candidates if and when ASU sells the bonds to generate funds.
