The Innovista is already starting to flex its economic muscle for the region and the state. Three construction companies from outside the state have been selected to oversee construction of Phase I of Innovista.
Phase I includes:
The Horizon Center Block bounded by Blossom, Main, Wheat and Assembly streets.
Watson Tate Savory Architects of Columbia is designing the USC research building. Jenkins Peer Architects of Charlotte is designing the private partner building. The Boudreaux Group of Columbia is designing the parking deck.
The Biomedical Block, bounded by College, Park, Greene and Lincoln streets.
Jenkins Peer will design both the USC and private partner building. The LPA Group of Columbia will design the parking deck.
The Public Health Block, bounded by Pendleton, Assembly, College and Park streets.
Little Diversified Architectural Consulting of Charlotte will design a USC research building.
Each of the five firms is working with its own team of subconsultants to design each project. Those subconsultants represent the bulk of the work for local firms.
Some of the local firms, such as landscape architects Grimball-Cotterill & Associates of Columbia, are on more than one team.
Economic impact:
912 construction jobs with a $41 million payroll.
$94.3 million in additional economic impact from construction and related job creation.
More than $5.8 million in new state income taxes.
More than $2.6 million in new state sales taxes.
Phase I will create 1,900 jobs with an annual payroll of about 130 million,. More than 6,500 jobs will be created by programs in the building, with an annual impact of $232 million.
The district will eventually cover 5 million square feet of research labs, office space, mixed-use retail and housing.
I can't wait to see it all unfold the city will never be the same after! Innovista