Current News Releases
Oct. 31, 2008
Innovista’s private partner developer signs pact with KIRCO
Innovista Holdings Inc., the private sector development partner for Innovista, has signed a contract with KIRCO, a commercial real estate development and construction company based in Michigan. KIRCO, which has a significant presence in the Carolinas, will serve as the contractor for the Horizon II building.
“We’re pleased to announce this next step in the building process for Horizon II,” said John Parks, executive director of Innovista and associate vice president for economic development at The University of South Carolina. “With this step, we are continuing to move forward in establishing a truly integrated, urban innovation district that establishes a vibrant, knowledge-based community and attracts the brightest minds and most innovative companies in the world to Columbia, South Carolina.”
Kale Roscoe of Innovista Holdings LLC, the private sector development partner, said, “We are ready to begin work on Horizon II and will mobilize construction beginning the week of November 3.”
“The Horizon II project is a natural fit for our company,” said Mathew Kiriluk II, president of KIRCO. “With numerous projects throughout the Southeast, including the developing of Carolina Pines, a 2-million-square-foot Class A master planned industrial park in Blythewood, we are committed to the Carolinas.”
Horizon II, a 110,000-square-foot building, is estimated to cost between $20 million and $25 million. The five-story building will serve as office space for private companies and other entities that are collaborating with University of South Carolina researchers.
Three structures at Innovista have been completed and are operational. These include the public health research building and two parking decks.
Three other structures will be completed in 2009, including the Horizon I, a five-story academic and research building under construction at Blossom and Main streets; Discovery I, a five-story academic research building under construction on Greene Street across from the Colonial Life Arena; and Horizon II, a private partner building adjacent to Horizon I.
A rendering of the Horizion II, foreground, and Horizon I buildings
Image: Sasaki Associates
About KIRCO
KIRCO is a full-service real estate company providing services such as real estate development and acquisition, construction services, and asset and property management.
With more thanfour decades of real estate experience, KIRCO has planned and developed more than 12 million square feet of Class A office, retail, industrial, residential, institutional and municipal developments totaling in excess of one billion dollars.
KIRCO has the development, construction and management experience to serve the unique equirements of its customers; from small manufacturing facilities to large-scale distribution centers.
