New Office Development Activates Third Phase of Arizona State University’s Novus Innovation Corridor
Developer and builder, Ryan Companies along with joint venture partner University Realty LLC, announce the completion of the 84% preleased, six-story, multi-tenant office building, 777 Tower at Novus Innovation Corridor.
777 Tower at Novus Innovation Corridor, built by Ryan Companies, is located at the northwest corner of University Drive and Rural Road—adjacent to Arizona State University’s Tempe Campus. At completion, Novus Innovation Corridor will encompass more than 10 million square feet of mixed-use opportunities including the 2.1 million-square-foot Marina Heights campus co-developed by Ryan and Sunbelt Holdings and built by Ryan. Catellus Development Corporation is the master developer of the 355-acre, multi-phased project.
“Our team thoroughly enjoyed bringing 777 Tower to life knowing it will further activate the area and provide an innovative space for people to work,” said John Strittmatter, chairman, southwest region, Ryan Companies. “It has been an honor to co-develop and build within the Novus Innovation Corridor over the past several years, contributing to the 25,000 jobs that will be created upon completion of the entire development.”
The 160,000 square foot building features an open floor plan with penthouse office space, 8,000 square feet of ground floor retail and a public urban plaza. Architect of Record, DAVIS, created a unique design that will pursue LEED Silver Certification, to incorporate the Novus commitment to sustainable design and construction.
“Not only will this building be a creative and technologically sophisticated space, but it will also enhance the experiences of tenants, retailers, visitors, ASU employees and students alike,” said Don Couvillion, senior vice president, commercial development, University Realty LLC.
777 Tower is currently 84% leased. Floors one through three will be the new home to ASU’s Herberger Gallery, University City Exchange, University Real Estate Development, Master of Design, Master of Innovation and Venture Development and the Innovation Studio. Infosys, a global leader in next-generation digital services and consulting, is occupying the fourth and fifth floors at Novus.
The sixth floor is currently available, features 27,585 square feet of rentable space which can accommodate up to nine private offices, 14 conference rooms, 143 workstations and has a private balcony. For leasing information, please contact John Bonnell, Dave Seeger, Brett Abramson or Mark Gustin at JLL, 480-282-6300.
The Novus Innovation Corridor is unique to the ASU mission; its proximity to classrooms and labs creates opportunities for students and researchers to collaborate with industry leaders and boost the local economy. For more information on the Novus Innovation Corridor and development opportunities visit www.novusasu.com, call 480-566-9900 or email firstname.lastname@example.org.