The building project construction was substantially complete in October 2007. The enhancement project to the clean rooms in the Advanced Technology Research Center was reported substantially completed on October 1, 2009. The University is presently coordinating for the reimbursement of project costs which is expected to occur after August 2010.
Background:
Vision 2025 funds are constructing the community’s first Advanced Technology Research Center (ATRC). The unique 180,000-square-foot facility will focus on the development of next generation composites and materials in demand for cutting edge applications within the aerospace, biotechnology, telecommunications, and manufacturing industries.
The ATRC will create new jobs and attract new industries to the Tulsa region. The center will produce an annual payroll of $8-10 million including federal and private research funds. However, the greatest impact should come from commercialization of technology developed from the research. Economic impact of these start-up companies could exceed $400 million annually within 10-15 years.
