By Angela Gonzales | Phoenix Business Journal
Arizona State University is planning to build an additional $100 million Biodesign Institute building on its Tempe campus.
This will be the third Biodesign Institute building on that campus. The first two were built in 2004 and 2006, costing about $150 million to develop. The third will be of similar size, but cost around $100 million, taking inflation into account.
ASU’s master plan always had four Biodesign Institute facilities comprising 800,000 square feet on the Tempe campus, but when the economy soured, those plans slowed down, and now ASU officials are determining whether to only build this third building, and just make it a larger.
Dr. Raymond DuBois, executive director of the Biodesign Institute at Arizona State University.
