Virginia Tech making quick work of its proposed Alexandria campus

Virginia Tech isn’t wasting much time on its proposed $1 billion innovation campus in Alexandria.

The university’s board of visitors gave unanimous approval on Monday at a special meeting held in Richmond to a resolution backing the creation of the campus.

“This new campus will provide a pipeline of talent to industry and is a natural extension of the university’s commitment to drive economic development throughout the state,” Horacio Valeiras, the board’s vice rector and CEO of Frontier Global Partners, said in a statement.

Virginia Tech announced its plans to build a $1 billion innovation package on Nov. 13 as part of the state’s incentive package that’s bringing part of Inc.’s second headquarters to Arlington.

The Blacksburg-based university already had a memorandum of understanding with developer Stonebridge Associates Inc., land owner BRE/DP Alexandria LLC and the city of Alexandria to expedite construction.

The 1 million-square-foot campus, to be…

Read the full story from the Washington Business Journal.

More from WTOP

Log in to your WTOP account for notifications and alerts customized for you.

Sign up