The main campus of Arizona State University in downtown Phoenix will soon see the construction of new and sorely-needed dormitory space.
Members of the Arizona Board of Regents have given their approval to what will be a $50 million project that will go up at the southwest corner of Fillmore Street and N. 1st Avenue.
The dorm will be a part of the school’s larger entrepreneurial center, and will house collaborative space, as well as both design and fabrication labs.
The sleekly designed building will have sixteen floors, and a combination of both two- and four-bedroom units, not to mention studios.
Altogether, the new dorm will house up to 532 beds.
ASU has announced plans to purchase for around $1 million the property for the project. That site is currently the home of a Bank of America outlet, which will be demolished.
Construction of the dorm building could begin either late this year, or early next year, with a fall 2021 completion date.
There are currently more than 12,000 ASU students in downtown Phoenix, with projections that that number could rise to around 20,000 in the not-too-distant future.
Last year, ASU President Michael Crow said he thought that ultimately the school will need two new dorms to accommodate its epic growth.
By Garry Boulard