On June 9 President Steven Leath, Lt. Governor Kim Reynolds, the Iowa Board of Regents, local legislators, and hundreds of others celebrated the opening of the new Iowa State Economic Development Core Facility; a 42,000 square foot building intended to serve as the 'front door' to doing business with Iowa State University.
The building was funded in 2013 through a $12 million appropriation from the Iowa General Assembly.
Investment in this facility reflects the importance that Iowa State and the State of Iowa place on economic development. As home to the university's economic development enterprise, it will greatly enhance the university's impact on the state economy by providing easy access to the comprehensive array of economic development services offered by the university.
The Economic Development Core Facility is the first building to be completed in the Iowa State University Research Park's (ISURP) next major expansion phase. ISURP currently sits on approximately 220 acres and consists of eleven buildings with more than half a million square feet of office and lab space. The Core Facility is on the northern edge of an additional 180 acres of developable land that will support another one million square feet of offices and labs. This newly completed building joins other recent additions to ISURP including the Boehringer-Ingleheim building, Vermeer's new Advanced Technology Hub, and Workiva's state-of-the-art facility all completed within the last two years. These new buildings represent the types of facilities that help companies attract the talent they need to grow and prosper.
Providing excellent work space for those who will be housed there, the Core Facility was designed with a large amount of collaboration and meeting space available for ISURP tenants, the university, and external partners. This is essential for establishing a true innovation community at ISURP and fostering the partnerships that drive economic prosperity.
The Core Facility was also built with sustainability in mind and includes a rainwater capture system, geothermal system for heating and cooling, spandrel window panels, and natural lighting for 80% of the building.
President Leath, Lt. Gov. Reynolds, members of the Board of Regents,
and local legislators join in the ribbon cutting for the new
Economic Development Core Facility.
Iowa State's Mission: Create, share, and apply knowledge to make Iowa and the world a better place.
The Alliance for Iowa State is a coalition of Iowa State alumni, parents, students, faculty, staff, and friends. The Alliance advocates Iowa State University's land grant mission throughout Iowa while focusing its advocacy on state legislators and public policy makers.