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Viasat, a California-based satellite telecommunications company, is expanding in Tempe and will develop more than 300,000 square feet of space in the ASU Research Park, where it plans to increase its workforce by about 1,500 employees.
The company already has a presence at ASU Research Park near Loop 101 and Warner Road. The site is one of Arizona State University’s “Innovation Zones”. The land is owned by the university and the offices are leased to private companies.
Viasat has plans for three phases of new development on 16 acres near the middle of the ASU Research Park, said Morgan Olsen, ASU’s chief financial officer.
The first phase will begin construction this summer and is expected to be completed by June 2024. It will include 135,000 square feet of space with an outdoor atrium and parking structure. Future phases will include additional parking, a conference area and a café.
Types of jobs it will bring
Bob Rota, vice president of facilities and security for Viasat, said jobs will include engineering positions, particularly software engineering, and operational and back-office roles.
Company officials said the company’s existing presence at ASU Research Park, along with affordability, talent availability and a favorable business climate led them to expand to Tempe after evaluating several other expansion markets.
Olsen said the rental fees the university collects from tenants of ASU’s research park fund research park operations and fund ASU’s budget for licensing and patented inventions at the university. .
Construction of the approaches to the ASU research park
The Viasat expansion will occupy one of the last two remaining development sites in the park, which has around 50 corporate tenants.
“We were looking for the right tenant to occupy the site,” Olsen said, noting that buildings in the 320-acre park are 98% occupied. “The occupancy is very high; this has been a very popular site. Viasat is a great employer, these are high quality employment opportunities and we are delighted with their increased level of engagement.
Most office buildings in the park are built to suit a specific tenant. Web hosting company GoDaddy recently moved its headquarters to ASU Research Park, and other companies with a strong presence there include Amazon, Edward Jones, and Amkor Technology.
When seeking tenants for the park, ASU seeks companies that would make a long-term commitment and benefit from a relationship with the university, as well as create employment opportunities for ASU graduates and counseling opportunities for teachers.
Olsen said there is still one development site left at ASU Research Park, on the southwest corner of the site. The university is in talks with a developer to build a multi-storey office building on the site and is marketing this opportunity to potential tenants.
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