Purdue University, Browning Investments partner on $1.2bn project

WCN Editorial Team 15 Jun 2016 NORTH AMERICA BUILDINGS

Purdue Research Foundation has partnered with Browning Investments for the $1.2bn project to transform the west end of the Purdue University in Indiana, USA.

The project, known as the Purdue Innovation District, involves the development of nearly 450 acres.

Browning will be responsible for a comprehensive master planning that will include student and non-student housing, a lab, research and other collaboration spaces.

It will also include office, discovery and entrepreneurial spaces, retail and public spaces, aerospace industry-focused research, and advanced manufacturing and light industrial space.

The development will complement other initiatives already taking place on the west side of the campus.

Purdue Innovation District director Jeff Kanable said that Indianapolis-based Browning was chosen because of its expertise in long-term development projects.

Kanable added: "Browning has a strong history in funding, creating, and executing comprehensive plans for major long-term projects. We are confident in their leadership in the development of the Purdue Innovation District as well as the Research Park Aerospace District."

The project is expected to commence late 2016 or early 2017 and is slated to take place over a 15-20 year period.

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