Skanska Tapped to Build Radford University’s $102M Center for Adaptive Innovation
Global construction and development firm Skanska has been selected to build Radford University’s new Center for Adaptive Innovation and Creativity (CAIC) in Radford, VA.
The $102 million, 177,917-square-foot building will replace the existing space for the College of Visual and Performing Arts and create interdisciplinary student spaces. Skanska’s portion of the project is $80.5 million. The Center represents the largest capital construction project in the history of Radford University in terms of total project funding and square footage. The new building will allow for the cross-disciplinary collaboration of educational programs in the arts, health sciences, and technology.
“We are excited to enhance the educational experience of the students, faculty and staff at Radford University,” said Greg Peele, executive vice president responsible for Skanska’s North Carolina and Virginia building operations. “The new CAIC building will allow for the integration of programs for innovative research, study and socialization with modern amenities and spaces for students to prosper.”
The project is slated to begin in June 2021 and be completed by end of 2023.
- ◦Development