Novus news.
Conrner of University and rural, nothing special but 0' setback If anyone can post the rendering please do:
https://www.bizjournals.com/phoenix/...tml#i/11297846
"Dave Seeger and John Bonnell of JLL are the leasing team for the building, near the northwest corner of University Drive and Rural Road. The ceremonial groundbreaking for the project is set for May 2.
Ryan Cos. developed Marina Heights, the first phase of Novus, along with Sunbelt Holdings Inc., and partnered with University Realty LLC, an enterprise affiliate of ASU, on the new office building, called the 777 Tower.
Ryan will pursue LEED silver designation for the building, which will have ground-floor restaurant space and a sixth-floor private patio for the tenant that leases that space.
“This building has to be flexible to accommodate different tenants and different uses,” Strittmatter said.
Leasing space in the building will give companies a chance to work in close proximity to ASU and build relationships they would not have in other locations, Strittmatter said.
“Companies want to be affiliated and have a relationship with the most innovative university,” he said.
The building will be the second building to officially begin construction in Novus’ third phase. Mortenson began construction on a 259-room, dual-branded hotel in the district earlier this month.
At the time of the hotel’s groundbreaking, Charley Freericks, senior vice president at Catellus Development Corp., the master developer of Novus, said the project was “the first of several in a row,” to begin work in the third phase.
Aspen Heights Partners also has plans to develop a 262-unit luxury apartment complex in the corridor.
Novus, Arizona State University’s athletic facilities district, contains 330 acres of land controlled by the university that will collect in-lieu fees from private developers to help fund the university’s athletics programs. It is planned to be developed in seven phases.
Novus’ first two phases, the Marina Heights development that became the regional headquarters for State Farm, and the $307 million renovation of Sun Devil Stadium are already complete."