On 5 May 2025, the foundation stone for a 50,000 sq. ft. prefab structure was laid in Technopark. The honours were done by Col Sanjeev Nair (Retd), CEO Technopark, in the presence of Shri Madhavan Praveen, General Manager (Projects); Shri Vasanth Varada, Deputy General Manager (Marketing and Customer Relationship); Shri Vipin Kumar S, Chief Finance Officer of Kerala IT Parks; Shri Abhilash D.S, Assistant General Manager (Admin & IR); other Technopark officials and representatives from Wootz Structures Pvt. Ltd., the project’s executing agency.
The building that is expected to be completed in nine months is near Pamba-Periyar buildings in Phase I. IT building's architectural and structural design of the building has been approved by IIT Palakkad, while the College of Engineering Trivandrum (CET) verified the soil testing and other construction-related parameters.
Designed with a focus on sustainability and efficiency, the building will feature 80% space efficiency, open dining and recreational areas, and compliance with Kerala Municipal Building Rules (KMBR). The amenities will include office spaces, meeting rooms, conference halls, a pantry, restrooms, recreation areas, a reception zone, and service rooms.