PROJECTCONTRACT AWARD

CREST Center Phase I budget

Arkansas State University System
Detected
Aug 7, 2026
92 days ago
Sector
Capital Projects
Est. value
Free account
Detected 92 days agoAug 7

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From the meeting

The Board approved a revised $18,000,000 budget for Phase I of the Career Readiness Education and Skills Training (CREST) Center at Arkansas State University. The project is a roughly 70,000-square-foot facility, with about 20,000 square feet in the initial phase. Funding includes $7,500,000 from the Arkansas Department of Commerce HIRED Grant Program, $2,500,000 in institutional reserves, $1,500,000 in other private or public funds, and $4,500,000 in loan proceeds.

Meeting date
August 7, 2026
Agency
Arkansas State University System

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