Posts Tagged ‘Spaceplex 2’
NMSU Wins $1.5 Million for Further Improvements to Arrowhead Drive, Research Park
Release courtesy of NMSU News Center
July 26, 2010
NMSU photo by Harrison Brooks
WRITER: Justin Bannister, 575-646-5981, jbannist@nmsu.edu
CONTACT: Vickie Galindo, 575-646-5265, vigalind@nmsu.edu
The U.S. Economic Development Administration has awarded New Mexico State University’s Arrowhead Center a $1.5 million grant for infrastructure improvements to the Arrowhead Business and Research Park and to expand the newly created Arrowhead Drive.
The Arrowhead Business and Research Park covers 224 acres at the southern end of NMSU‘s Las Cruces campus between Interstates 10 and 25. Its goal is to link scientists, technologists and entrepreneurs in developing emerging technologies that contribute to the state’s economic development.
“This funding will help the park continue its expansion and aid us in attracting companies seeking to work with NMSU faculty members and students,” said Pam Wood, research park director.
The university completed a mile-long extension of Payne Street through the research park earlier this year. This new grant will allow the university to expand that section of road, now named Arrowhead Drive, from two lanes to four. The grant will also allow NMSU to finish the park’s wastewater system, to install street lighting and to conduct an engineering study to help better plan for the next stages of development.
The Arrowhead Center won a similar, $900,000 grant from the EDA to help pay for construction on the first part of Arrowhead Drive and its accompanying utilities. Other money for that project came from the state of New Mexico, local road funds, the New Mexico Department of Transportation and NMSU.
“These investments by the Economic Development Administration and other partners are not only making the park more accessible and attractive to new businesses, they’re also helping lay the groundwork for a lot of exciting developments yet to come,” said Vickie Galindo, Arrowhead’s director of business development.
The Arrowhead Business and Research Park’s most recently completed building, Spaceplex 2, is home to General Dynamics and opened last summer. The park’s next building will be more than 8,000 square feet and broken into smaller, 1,700-square-foot pads for businesses intending to establish themselves before jumping into larger spaces. That building is currently under construction and scheduled for completion in the coming weeks.
Other plans for the research park include working with the Las Cruces Public School District to construct an early college high school where high school students could take college-level courses for credit.
NMSU Opens Payne Street Extension through Arrowhead Business and Research Park
Article courtesy of NMSU News Center
Photo by Fred Shepherd
April 27, 2010
WRITER: Justin Bannister, (575) 646-5981, jbannist@nmsu.edu
CONTACT: Vicki Galindo, (575) 646-5265, vigalind@nmsu.edu
A mile-long extension of Payne Street through New Mexico State University’s Arrowhead Business and Research Park is now open. The new road, and its accompanying underground utilities, will allow for the park’s continued growth and better connect it with the rest of campus.
“Without this road, we couldn’t continue developing the park,” said Garrey Carruthers, dean of the NMSU College of Business and vice president for economic development. “This road lays the infrastructure necessary to help us attract the kinds of companies that hire our students, offer internships and create jobs in the region.”
The 257-acre business and research park is located on the south end of NMSU’s Las Cruces campus between Interstates 10 and 25. The new road extension stretches south, through the park, from the intersection of Payne and Wells streets to Sam Steel Way.
“Academically, this research park is a place where our students will eventually be engaged in hands-on applications, working with companies in search of solutions that they have identified in the classroom,” said Kevin Boberg, CEO of the Arrowhead Center. “Economically, it’s estimated that once fully developed, the entire research park could contain more than two million square feet of office and lab space where 5,000 to 6,000 people would work. This road enables us to realize those benefits.”
The road project represents nearly $2 million in investments, including a $900,000 grant from the U.S. Economic Development Administration. Other money for the project came from the state of New Mexico, local road funds, the New Mexico Department of Transportation and NMSU.
Photo by Fred Shepherd
The first 11 acres of the park under development are adjacent to the new road. The most recently completed building, Spaceplex 2, is home to General Dynamics and opened last summer. The park’s next building will be more than 8,000 square feet and broken into smaller, 1,700-square-foot pads for businesses intending to establish themselves before jumping into larger spaces. That building is currently under construction with an occupancy date set for later this summer.
Other plans for the research park include working with the Las Cruces Public School District to construct an early college high school where high school students could take college-level courses for credit.
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Paving NMSU’s Road to Future Business Development
Release Courtesy of NMSU Communications & Marketing Services
Photo Courtesy of NMSU
Bulldozers are rolling through a chunk of desert owned by New Mexico State University. The heavy equipment is building a new road and laying utilities to better connect NMSU’s Arrowhead Business and Research Park with the rest of campus. The project is also expected to help attract new investments, new clients and eventually thousands of high-paying jobs to the park.
The road will extend south for approximately one mile from the intersection of Payne and Wells streets to Sam Steel Way, which runs parallel to Interstate 10. Construction is scheduled to be complete in March 2010.
The project represents nearly $2 million in investments, including a $900,000 grant from the U.S. Economic Development Administration. Other money for the project came from the state of New Mexico, local road funds, the New Mexico Department of Transportation and NMSU.
“The road will really open up the whole park,” said Kevin Boberg, Arrowhead Center’s CEO. “We can’t do any other development without the utility backbone the road delivers.”
The business and research park is located on the south end of NMSU’s Las Cruces campus between Interstates 10 and 25. The first 11 acres of the 257-acre park are already in development. The most recently completed building, Spaceplex 2, is home to General Dynamics and opened last summer. The next building scheduled for construction will be nearly 8,000 square feet and be broken into smaller, 1,700-square-foot pads for businesses intending to establish themselves before jumping into larger spaces.
Other plans for the research park include working with the Las Cruces Public School District to construct an early college high school where high school students could take college-level courses for credit.
“Without the infrastructure, we wouldn’t be in a position to take advantage of these opportunities,” said Vickie Galindo, Arrowhead Center’s director of workforce innovation and business development. “We would not have been able to make this happen without the EDA and help from New Mexico Secretary of Economic Development Fred Mondragon.”
