MSU approves $85M biomedical research center downtown
The Michigan State University Board of Trustees authorized today the school's plans to construct a biomedical research center downtown on the site of the former Grand Rapids Press building.
MSU said today that the project includes an $85.1-million budget to construct the 160,000-square-foot MSU Grand Rapids Biomedical Research Center on Monroe Avenue and Michigan Street.
That brings the project’s total up to $88.1 million, including the demolition of the Grand Rapids Press building, at 155 Michigan St. NW, which was approved by the board in December.
Demolition of the Press building is scheduled to begin in March.
Construction on the MSU Grand Rapids Biomedical Research Center will begin after the demolition.
The center will be part of the MSU College of Human Medicine and is slated to open in late 2017.
SmithGroupJJR, which operates nationally, including offices in Ann Arbor and Detroit, is the project’s architect.
MSU will follow a traditional, university-financed model for the project.
MSU said its assessment of public-private partnership proposals for the project “did not yield a compelling, value-added benefit for the university to pursue a developer-financed delivery option.
The multi-story research center will occupy about half of the parcel, leaving room for public-private partnerships that could complement the project, including commercialization.