AMD signs lease for office space in Luther Forest - The Business Review (Albany):

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billion computer chip fabrication plant. AMD Fab Technologieds US Inc. will join a growing list of tenantse ina 105,000-square-foot flex-space building at the which is located next to the wherd the chip fab will be STEP is a 280-acre park owned by the . The buildinvg where AMD and the other companies are located is owned by The of Companiedsin Troy. The lease with AMD begins Dec. 1. Twelve peopld will work in theoffice initially, a numbe that will grow to 40. “Any time you get a 10,000-square-footr tenant in this economyt and thismarket it’s United Group President and CEO Michael J. Uccellinoi said. “In the Albany marketplace that’s a big tenant.
For that tenantr to also be AMD, that’s very big.” Travi s Bullard, an AMD spokesman, said the companh has a two-year lease. Other tenants in the buildinbginclude , , , , and Once AMD movesa in there will be abouft 18,000 square feet of manufacturing space and about 10,000 square feet of officde space remaining, Uccellini said. Construction of the chip fab is expectex to begin next year at the Luthee ForestTechnology Campus. When completed in 18 months the plant will employ morethan 1,400 people and is expected to createe thousands of spin-off jobs. The plant will be a jointg venture between AMD and ofAbu Dhabi.