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System office redesign on schedule; renovation financed through lease-cost savings
Summary
Vice Chancellor Mackey reported the Minnesota State system office renovation remains on schedule, aiming to be operational in the renovated space by July 1; the project is financed through lease-cost savings over five years following a reduction in square footage.
Vice Chancellor Mackey updated trustees on the Minnesota State system office redesign and renovation, saying the project remains on schedule and that the system intends to be operational in the renovated space on July 1.
Mackey said work on the third floor is underway, cubicles have been installed, and staff moves will be phased beginning in mid to late June. He said the renovation is financed through system-office lease cost savings realized over five years due to a reduction in square footage and that the remodel is intended to provide professional, equitable and flexible workspace for the Minnesota State system office and associated activities.
Mackey described no substantive new budget changes since the committee’s last meeting and directed trustees to the budget updates included in the meeting packet for additional detail.
