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Originally Posted by Panner
Anyone guessing where this $10B Micron research campus is going to be built? I hope downtown. Also, $10B!? Isn’t the downtown St Luke addition $1B?
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Of course it would be really cool to see Micron set up a downtown campus, however $10b is an insane amount of money to throw at a project, especially if you are cramming it downtown. For context, JUMP/Simplot HQ cost around $250 million from what I could find. Or in New York, for example, the cost to build the new JP Morgan Tower came in around $3 billion. Obviously a research lab will have a lot of high-end research equipment and other purpose-driven features that would drive up the cost compared to a more typical skyscraper, but as far as I can tell, $10b would still be an insanely large investment.
With all of its new additions, the main Micron campus is now roughly the same size as downtown Boise (the large fab building alone spans more than 4 downtown city blocks). Even with that, there is a still lot of space around the main campus that could easily be filled in.
I guess it also depends how that $10b figure is being allocated. I don't know if that number is the total construction cost or if it's factoring in other investments. Definitely something to keep an eye on though.