The Virginia Tech Board of Visitors voted Monday on a resolution throwing their support behind creating the Virginia Tech Innovation Campus in Alexandria.
According to university leaders, they expect the campus to become a “global center of technology excellence”. They see the campus bringing together students, faculty, and industry leaders to come up with new ideas.
The campus will be built less than two miles from Amazon’s future headquarters at National Landing.
“In his 2014 installation address, Tim Sands laid out his binary star vision, which included a long-term plan to expand Virginia Tech’s 50-year presence in Northern Virginia by creating a campus there,” said Dennis Treacy, rector of the Virginia Tech Board of Visitors.
“His plan became the cornerstone of the Commonwealth of Virginia’s proposal for Northern Virginia to become the site for Amazon’s HQ2, and now has been fast-tracked as a result of Amazon’s decision to establish one of its two new headquarters at National Landing and the company’s need for talent to fill the 25,000 jobs that it expects to create.”
A university spokesman also released the following information about the board meeting:
During the nearly three-hour meeting, board members received reports on the overall project, including enrollment support and faculty start-up costs; the state’s higher education package; enrollment, faculty, and capital support in Blacksburg; and research and industry partners. Board members also reviewed memorandums of understanding between Amazon and the Commonwealth of Virginia, those signed between the university and the City of Alexandria, as well as the developer (Stonebridge Associates Inc.) and the owner (BRE/DP Alexandria LLC) of the proposed location.
In other business, the board approved a resolution to amend the comprehensive agreement for the Virginia Tech Carilion Research Institute Biosciences Addition in Roanoke, Virginia. Both Virginia Tech and Carilion Clinic sought to amend the agreement to recognize an increase in the funding authorization by the Commonwealth of Virginia to complete two laboratory spaces within the project, to align the project schedule, and to help mitigate cost overruns.