University Of Missouri Announces A Development Plan For Its Discovery Ridge Research Park
University of Missouri officially announces its plan for a big development to its Discovery Ridge Research Park
Online, July 16, 2011 (Newswire.com) - University of Missouri officially announces its plan for a big development to its Discovery Ridge Research Park that will create an 80,000 square foot, glass-encased architectural building.
This planned development for the Discovery Ridge Research Park can potentially improve mid-Missouri's economy as it can generate more jobs, more revenue for the university and create new opportunities for the university's researchers to encourage more firms and investors to bring innovation to the marketplace.
Based on the initial responses from the developer's the university have chosen for this development, the expansion may appeal to numerous high tech businesses worldwide. In addition, Mike Nichols, vice president of research and economic development at the University of Missouri System, emphasizes that the development plan for the research park is just the initial part of the university's strategic economic expansion program. The program also comprises of financial incentives to its faculty, businesses and entrepreneurs that will contribute for the commercialization of the project researches of the university. This also includes new policy to allow its students to have their own intellectual property rights for their innovations.
The proposed development for the building will provide laboratories, office rooms for businesses that focuses on human health, nutrition, veterinary medicine, bioengineering, environmental sciences, biology and engineering. Occupants for this proposed 80,000 building will also have an exclusive opportunity to work with MU scientists at the country's highest powered university research reactor, which has had major growth in its production for high-quality radiopharmaceuticals distributed internationally.
When the building is fully leased, the university's developers and partners plan to develop additional structures of equal or similar size.
For more information, question or inquiries about this development project and its progress for the benefit of University of Missouri and its residents, city and businesses, feel free to contact Jennifer Hollingshead at (573) 882-0601 or email at hollingsheadj@umsystem.edu.