Academy of Science and Arts
LETTER OF INTENT SIGNED
TO ACQUIRE THE “ICE HOUSE” CITY BLOCK IN DOWNTOWN PHOENIX
FOR A STRATEGIC CAMPUS OF THE ACADEMY OF SCIENCE AND ARTS AND MANYONE NETWORKS
Geographic Center in the Heart of the Internet Economy, the Historic Ice House for Arts and Entertainment
To Become a Primary National Campus for Scientists, App Engineers, Artists, and Special Events
FOR IMMEDIATE RELEASE
SALT LAKE CITY, UT, PHOENIX, AZ – MARCH 28, 2013 – The Academy of Science and Arts LLC and Ice House Arts and Entertainment LLC announced today the completion of a Letter of Intent for the Academy to acquire the historic, now-central hub hosting leading intellectual, creative, and entertainment pioneers in downtown Phoenix, Arizona. See http://AcademyIceHouse.Org for advance briefings and media resources.
“This rare campus-in-the-making embodies the core spirit of the Academy’s mission and vision, co-located within a few blocks of enormous capacities of telecommunications fiber, Internet commerce engineering experts, domain registrars, and federal and state service agencies,” said J.P. Firmage, Founder and CEO of the Academy of Science and Arts. “Combining with our facilities spanning the Wasatch Front around Salt Lake City, Utah, the new campus in Phoenix is expected to become a national focal point for several of our most important Institutes and Enterprises, including the Science Modeling Institute and the Sustainable Ecology Institute.”
While the specific terms of the Letter of Intent are not yet disclosable, it is expected the definitive agreement will be executed no later than April 5th, 2013, subject only to the terms of the agreement being finalized with strategic financial partners. “Our partners will enjoy a rare opportunity to support long-planned capital improvements with very few conventional risk factors, given the embrace of trust among the principal parties to this substantial convergence of exceptional talents,” concluded Firmage.
About the Academy of Science and Arts
The Academy of Science and Arts is an umbrella institution with the mission of advancing breakthrough science research, education and consequential sustainable economic development worldwide. The Academy is in the process of launching in several stages, and may be tracked at http://AcademyOfScienceAndArts.org.
About the Ice House of Arizona
Icehouse Arts in downtown Phoenix is a premier cultural centre devoted to promoting the Arts and humanitarian causes. The redeveloped center is known internationally as a showcase for the avant-garde, the historic Icehouse itself is a true work of art, and a rich meld of refined elegance and industrial edge. Further information is available at http://AcademyIceHouse.org.