July 14, 2020
Ryan Companies along with JV partner University Realty LLC, completed 777 Tower at Novus Innovation Corridor, a six-story, multi-tenant office building in Tempe. The 84%-preleased building is located at the northwest corner of University Drive and Rural Road, adjacent to ASU’s Tempe Campus.
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. 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 is occupying the fourth and fifth floors at Novus.
Novus Innovation Corridor eventually 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.
For comments, questions or concerns, please contact Dennis Kaiser