The school, which is currently located in Glendale, will move to the new building downtown upon its expected completion in 2021.
The building will sit between First and Second streets, becoming the sixth college based on the downtown Phoenix campus, according to a University press release.
“Locating Thunderbird with other ASU schools and departments on the Downtown Phoenix campus will provide greater community embeddedness and enhanced resources for Thunderbird students and faculty,” ASU President Michael Crow said in a press release Tuesday. “This move also brings Thunderbird closer to other university schools and departments and to the private- and public-sector forces in downtown Phoenix that are engaged in international business and non-profit organizational activity.”
“This is an incredible opportunity for Thunderbird to broaden its mission and have an even greater impact on students and the businesses and organizations with which the school partners,” said Allen Morrison, CEO and director general of Thunderbird, in a press release.
Editor’s note: This story will be updated as more information becomes available.