MI-HQ Acquires Eastern Michigan University College of Business Building for USD 2.6m.
MANews-(C)2009-2022
Michigan, US-based life science and technology workspaces developer Michigan Innovation Headquarters (MI-HQ) has agreed to acquire Eastern Michigan University's former College of Business headquarters, the Gary Owens Building, in Ypsilanti, Michigan for USD 2.6m, the company said.
The building will undergo an additional USD 10m renovation to build an innovative shared workspace for STEM companies. The space is estimated to open the first quarter of 2023 and will provide 300 new jobs to the city.
The building acquisition was a collaboration between Ann Arbor SPARK, Eastern Michigan University, the city of Ypsilanti, Washtenaw County, and Michigan Economic Development Corp.
The revitalised building...
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