ASU’s real estate expansion focuses on two key submarkets

By Corina Vanek | Phoenix Business Journal

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.

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