“The Jordan Valley Innovation Center is a remarkable example of forward-looking, well-paying jobs that are creating a strong anchor for downtown Springfield’s economy,” CFO President Brian Fogle said. “That’s why we refer to our MRI program as a ‘double-bottom line,’ where the CFO recoups its investment for future projects while supporting development that will pay dividends for the community as a whole.”
MSU began working on the project in 2017 with the Vecino Group, a Springfield-based real-estate development firm that focuses on community development projects. The original plans have been further enhanced now that the IDEA Commons will bookend the north end of the Grant Avenue Parkway, a grant-funded City of Springfield multi-use corridor; and the City is moving ahead with plans to daylight Jordan Creek in that area of downtown.
“In this challenging financial time caused by the pandemic, we certainly appreciate the partnership with the Community Foundation of the Ozarks in assisting in this important community/university partnership,” said Brent Dunn, Executive Director of the Missouri State University Foundation.
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