Industry News

The Art Academy of Cincinnati initiated construction on June 7, 2004 on its new campus in Over-the-Rhine in Cincinnati, Ohio. Slated for occupancy in less than 500 days, the $12.5 million project involves the transformation of an 80,000-sf industrial building and an adjacent 40,000-sf warehouse into one 120,000-sf facility. The new campus will consolidate the Academy’s two outdated, separate facilities.

Arizona State University is planning to develop the 1.2 million-sf  Scottsdale R&D Center on the 42-acre Los Arcos Mall parcel in Scottsdale, Ariz. To be constructed over the next 5 to 8 years, the $385-million center will focus on biosciences, engineering, and the arts.

Edison Community College is planning an $85-million facility on its Piqua, Fla., campus. Designed to accommodate “Regional Centers of Excellence,” the facility will house the Center for Business and Technology Innovation and Training, the Fine and Performing Arts Center, a library, and a learning center. Completion is expected in early 2007.

The University of Texas Medical Branch (UTMB) at Galveston has been designated by NIAID (National Institute of Allergy and Infectious Diseases) as the site of the $167-million Galveston National Laboratory. The seven-story facility will accommodate infectious disease research and could generate as much as $1.1 billion in regional economic impact over the next twenty years.

Electronics Boutique , the world’s largest retailer of electronic games, broke ground on a $13-million distribution center in Coatesville, Sadsbury Township, Pa. in early May 2004. The 315,000-sf facility will house 500 employees, with operations consolidated from two other sites. An additional 337 jobs will be added at the site over the next three years. Electronics Boutique is headquartered in West Chester, Pa.