San Marcos' Texas State STAR incubator hatches 20 acresSan Marcos' Texas State STAR incubator hatches 20 acreshttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=31892014-09-03T14:35:00Z2014-09-03T00:00:00Z

SAN MARCOS - Texas State University will expand its Science, Technology and Advanced Research (STAR) Park business incubator following the acquisition of 20 acres adjacent to the San Marcos facility.

The TSU System board of regents approved the purchase for $1.7 million.

The expansion will bring STAR Park to a total size of just over 58 acres after the site is completely built out in approximately 20 years. The total facility would be able to accommodate 500,000 sf of engineering, laboratory and office space once completed.

The regents also voted to split an expansion of the STAR One building into two phases to allow the addition of six new lab spaces to begin sooner than a 16,000-sf expansion project.

STAR One was paid for with funding from the U.S. Department of Commerce Economic Development Administration, the City of San Marcos and Texas State University.

Businesses that operate out of STAR Park must be involved with TSU in product research, development, engineering, testing and/or scale production of a proprietary product, process or service.

Austin Business Journal
Austin-Round Rock
http://www.bizjournals.com/austin/blog/techflash/2014/08/star-park-incubator-to-get-20-more-acres-for-new.htmlRead more at {Source}

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