SPI Insights

Iowa – Plans at Iowa State University to renew or replace 2.3 million square feet of buildings on its Ames Campus encompass 700,000 square feet of new construction on more than 40 buildings over the next 30 years.

Most of the new square footage will come from already planned projects, such as the $54 million Therkildsen Industrial Engineering Building, which will provide new space for teaching and research labs, classrooms, and offices.

Designs for the building included a four-level structure and dining space on the lower floors. Construction on the 77,000-square-foot building will conclude in fall 2024. Funding for this project will come from university funds and private giving.

The university will also improve the parking next to Jack Trice Stadium for $25 million. This project will renovate and expand about 40 acres between Iowa State Center and Jack Trice Stadium, adding new lighting and installing underground infrastructure. This would include new water, power, gas, phone, storm sewer, and sanitary lines.

Another project in this 30-year plan include $25 million in improved parking for the Iowa State Center and for daily commuters.