EL PASO - The Medical Center of the Americas Foundation received a $1 million grant from the U.S. Commerce Department's Economic Development Administration.
The goal of the investment is to help expand the biomedical field in the El Paso region by helping to pay for the design and engineering of a new biomedical research and technology commercialization building.
The new 80,000-sf, four-story building will feature office suites, wet and dry laboratories, incubator space, and other flexible workspaces available for companies in the biomedical field.
The building, which will be on Gateway Blvd. East between Raynolds and Chelsea streets, will be the first laboratory in the area that will lease space to private research companies.
Read more at the El Paso Times.
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