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June 18, 2008

Elk Run to build 40,000 sq ft center, has tenant

Remember Elk Run's Biotechnology Center at Elk Run project?

Well, Tower Management has finalized the design of the nonprofit center aimed at housing companies in early stages of product development at the proposed Pine Island development

Today's announcement at the Bio2008 International Convention in San Diego, Calif. says expect ground to be broken for the 40,000 square foot center in the 4Q of 2008. The anticipated completion is targeted at mid-2009.

Here are some specs Tower highlights:

• Efficient management to ensure low costs
• An executive suite concept for development, quality and regulatory services
• 20 ISO class production clean rooms
• Support for cell/protein/tissue therapeutic platforms


While the number could change, Tower forecasts that about five biotech entities will staff that center.

And, most interestingly, one entity has signed up for space, but Tower is not giving out the name yet.


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I hear that many bio tech companies in Arizona, California, North Carolina, Colorado, and other places are cutting back. "Laying Off" scientist by the dozens.
Maybe some of them will end up on the elk farm.

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