EL PASO - Groundbreaking is today for the $29 million Cardwell Collaborative biomedical research building in the Medical Center of the Americas Tech Park near Raynolds and I-10 in Central El Paso.
The three-story building is named after Jack Cardwell, a local businessman who made a substantial donation for construction of the 60,000-sf biomedical institute.
The 13 acres sold for $2 million.
It will house the RedSky biomedical institute, labs for the Texas Tech University Health Sciences Center in El Paso, and lab space for startups.
With a price tag of $29 million, the project is supported by city impact funds for the purpose of advancing the already biomedical cluster nearby, including the Texas Tech Paul Foster School of Medicine and University Medical Center.
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