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 The new campus will consolidate the Academy’s two outdated, separate facilities.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.

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.

Harley Davidson will build a $95-million museum, restaurant, and office building complex in Milwaukee’s Menomonee Valley. Representing the single largest corporate investment in the City of Milwaukee, the museum project is expected to generate up to $78 million in annual economic impact based on an estimated 350,000 visitors per year.