In Arizona, a new mixed-use development harnesses the power of universities to shape urban life.
Universities across the nation are facing a conundrum — how to maintain best-in-class sports facilities without using taxpayer or student dollars. Arizona State University (ASU) and Catellus Development Corporation may have found a solution.
The big idea: transform the last 355 acres on the university’s 100-year-old main campus in Tempe, Arizona, into a revenue-generating opportunity that benefits students and graduates, employers and the community at large. To that end, the Novus Innovation Corridor will encompass more than 10 million square feet of urban, mixed-use developments conceived and built with sustainability as a design condition and powered by smart infrastructure components to create a connected community.
The project has four pillars: To be an adaptive urban environment at the geographic crossroads of the Phoenix region; to become a global-caliber sports performance, training and entertainment destination; to make sustainability a design condition and be powered by smart city elements; and to be ASU-driven, with long-term alliances that create commerce opportunities and exceptional experiences…