Arizona State University and Wexford Science+Technology broke ground in March of 2019 on a $77 million research building on the Phoenix Biomedical Campus. The public-private project will be owned by Wexford and is being created in partnership with Ventas and the city of Phoenix. Half of the seven-story, 225,000-sf facility will house research labs for ASU's College of Medicine, College of Health Solutions, and College of Nursing and Health Innovation. The remaining space will be leased to private companies and industry partners. Occupancy is expected in late 2020.