Stimulus Grant Aiding Arizona Bioscience Park
(Click to enlarge) The Arizona Bioscience Park will be located on 54 acres of land at the corner of 36th Street and Kino Parkway.
The UA is receiving a $4.7 million grant to fund phase one infrastructure improvements at the new Arizona Bioscience Park.
U.S. Department of Commerce Secretary Gary Locke announced Monday that The University of Arizona will receive a $4.7 million grant to construct phase one infrastructure improvements at the Arizona Bioscience Park.
The grant is being awarded through the Economic Development Administration and funded under the American Recovery and Reinvestment Act.
As part of the federal stimulus legislation passed, this project is "shovel ready" with all infrastructure improvements designed. This grant will fund critically important on-site infrastructure improvements at the Bio Park including: roads, water systems (potable, waste, storm and reclaimed), dry utilities – including gas, electricity and telecommunications – and perimeter landscaping.
When completed, these improvements will make the Bio Park "development ready."
"The Obama Administration is committed to creating jobs, encouraging innovation and improving our nation's economic competitiveness," Locke said. "The Arizona Bioscience Park will provide the Tucson region with a comprehensive training and research facility that will work to boost workforce training, research and development opportunities, higher-skilled, higher-wage jobs, and private sector investment in the bioscience sector."
The Bio Park is located on 54 acres of land at the corner of 36th Street and Kino Parkway. The Park is part of larger master- planned, mixed-use development known as The Bridges that includes retail and residential development. The land was acquired in August 2007. The Arizona Board of Regents approved the Bioscience Park Master Land Use Plan in June 2009.
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