Here's How ASU Does Innovation Zones In Scottsdale

Hmmm...this might be why ASU can't fork-over the funds for one $130M building here in Downtown Mesa. They've got HUGE development plans elsewhere. 
The 330-acre Novus Innovation Corridor located just east of the ASU Tempe campus
The 42-acre SkySong Facility at the corner of McDowell and Scottsdale Roads
The planned total buildout for the Corridor is 8 million sf office, plus retail, dining, lodging creating more than 34,000 JOBS.

ASU's Innovation Zones In the southern portion of South Scottsdale and within two miles of Scottsdale’s south border, there are two areas within ASU’s Innovation Zones with huge development plans. Todd Hardy, the Managing Director of ASU’s Innovation Zones, described the planned development of the 330-acre Novus Innovation Corridor located just east of the ASU Tempe campus and the 42-acre SkySong facility at the corner of McDowell and Scottsdale Roads. The planned total buildout for the Corridor is 8 million sf office, plus retail, dining, lodging creating more than 34,000 JOBS. SkySong is only partially built-out and already has more than 2,000 employees. Mark Paratore, City of Scottsdale’s Economic Dev. Project Manager, provided insight on many proposed apartments, condos, hotels, mixed use facilities and a 200,000+ sf office complex – all located from Chaparral Road to just below McDowell Road. A very significant mixed-use project will be in Museum Square (Marshall Way and 2nd St) that has been approved for 190 ft height. With more projects of this height, the skyline of southern Scottdale is about to change and land able to be zoned with this height will dramatically increase in value.   - Thanks to Kasten Lang Commercial Group for the heads up on this information