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Guidant Doubles Size of Arden Hills Campus

ARDEN HILLS, MN-The medical devices company bought the 640,000-sf Arden Hills Technology Center in the expectation it will eventually grow into it with production of a new device that is able to resynchronize the heart.

By Jim McCartney | Updated on March 25, 2001

ARDEN HILLS, MN-Guidant Corp. has more than doubled the size of its corporate campus in Arden Hills to 1.1 million sf on the assumption that its new product to treat heart failure will spawn significant growth. The Indianapolis-based medical device maker says it bought Arden Hills Technology Center, which is next to its existing campus at 4100 Hamline Ave. North.

Guidant’s cardiac rhythm management (CRM) business is based in Arden Hills, and the new building will add 640,000 sf to the 500,000-sf building it already owns there, says Dick Vogel, head of finance for the firm. About half of CRM’s 4,500 employees are based there. The business has doubled in the last five years, posting $1.2 billion in revenues last year, about half of Guidant’s total sales.

The Arden Hills Technology Center was built by Control Data in the 1960s and is nearly filled with such tenants as Syntegra, as well as Guidant, which occupies about 20% of the facility. By buying the building and the 37 acres around it, Guidant will have 1.1 million sf of office and manufacturing space and plenty of room to expand, Vogel says.

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