By Arizona State University and Viasat, Inc.
Arizona State University Research Park, Inc. announced Viasat Inc., a leading global communications company, is expanding its current footprint at the 324-acre ASU Research Park to accommodate the company’s future growth projections.
Viasat evaluated several major U.S. locations for expansion capabilities. The selection of ASU Research Park was driven primarily by the affordable cost and availability of technical talent, existing company strategic presence, and a favorable business climate.
With this step, planning is now underway to create a culturally aligned campus in proximity to Viasat’s existing ASU Research Park campus. In total, the expansion spans more than 16 acres, and is planned over several phases of development.
Phase 1, located south of ASU Research Park’s River Parkway and Viasat’s existing campus, sits on nearly 11.5 acres and will include a 135KSF building, an outdoor atrium, open space for events and employee recreation, and a parking structure. Current projections show a Phase 1 completion by June 2024.
Subsequent phases will largely be driven by the success of meeting Viasat’s hiring objectives but are expected to add three additional buildings totaling 260KSF, a conference area, a café, and another parking structure.
ASU Research Park currently has 50 corporate tenants that employ more than 6,000 people.