County Harbor near Torrance-The early stages of becoming a 15-acre bioscience technology park at the non-profit Lundquist Institute on the UCLA Medical Center campus could cause ground collapse within two years.
Former LA BioMed officials see Technology Park as the last element to complement existing facilities on the site, including a business incubator called BioLabs at the Lundquist Institute. Opened last year, it is now home to more than 20 life science start-ups.
The long-term lease of the Biotechnology Park was unanimously approved this week by the LA> County Supervisory Board.
With the development of the Biotechnology Park, the Lundquist Institute takes the next step, from lab-generated ideas to incubator start-ups to the permanent homes of mature companies, “a complete cycle of innovation. You will be able to provide a “house”. David Meyer, president and CEO of Tech Park, Institute, said in a press release.
“Now, from medical centers to research institutes, bioscience incubators, and finally, on one 72-acre campus, we are at full speed to create a campus that offers opportunities for bioscience innovation from soup to nuts. “This campus will be a hub for innovation,” he said, Tech Park.
Initially, three buildings with a total space of 250,000 square feet will be built on about eight acres in the northwest corner of the hospital campus with state-of-the-art laboratories, manufacturing, and office space, county officials told supervisors. Said in the report. ..
Several World War II era barracks were demolished, and the courthouses and workers housed there were institutes to make space for a new building at the intersection of Carson Street and Normandy Avenue. Move to another location at your expense.
Potential developers have already been screened.
Tech Parks in the Los Angeles area are considered competitors to similar hubs in the La Jolla and Bay Areas. Grouping world-class facilities in a central location provides the county with “all-new capabilities” to attract biotechnology companies that normally go elsewhere, the institute said.
“I’ve long advocated the establishment of a bioscience hub in Los Angeles, a concrete and catalytic advance to make that dream come true,” said county director Mark Ridley Thomas. Said. Between Carson and Torrance, where the medical center campus is located.
The discovery of the 68-year-old nationally recognized laboratory includes a government-approved treatment for sickle cell anemia for the first time in more than 20 years. More than 100 scientists are conducting more than 600 research studies on the 11-acre campus of the medical center.
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