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Press
Release
October
8, 2002
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|
Cool
Springs Life Sciences Center Groundbreaking
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| Franklin,
TN--October 8, 2002--The Cool Springs Life Sciences Center will be
home to research and development-focused operations for biotech, pharmaceutical
and medical device companies and support services, providing companies
within the same industry an environment of collaboration and shared
resources. |
| SPECIFICATIONS: |
| |
-
-
10-acre
site on Nichol Mill Lane, Franklin, Tenn.
-
State-of-the-art
wet labs, clean rooms and common support area
-
Three
buildings:
Building 1: 32,000 sq. ft.; Building 2: 42,000 sq. ft.;
Building 3: 60,000 sq. ft
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|
|
| |
- 600 direct and indirect
jobs
- $15 million spendable
payroll
- $1.2 million local
tax revenue annually
|
| LEAD
TENANTS: |
| |
- BioMimetic Pharmaceuticals
Inc. - Biopharmaceutical company focused on development and commercialization
of protein therapeutics for tissue and organ regeneration (8,000
sq. ft.).
- Vanderbilt University
Medical Center- Will establish a biotech business incubator for
sublease to start-up biotech companies (8,000 sq. ft.).
- VDDI Pharmaceuticals
- Developing products for cancer, cardiovascular and infectious
disease indications. Awarded $23 million federal grant to develop
antibiotics to treat anthrax (2,000 sq. ft. initially, with potential
for an additional 2,000 sq. ft.).
|
| SUPPORTING
ORGANIZATIONS: |
| |
- BioMimetic Pharmaceuticals
Inc.
- Middle Tennessee State
University
- Nashville Health Care
Council
- Tennessee Biotechnology
Association (TBA)
- Tennessee Office of
Economic & Community Development
- Tennessee Technology
Development Corporation
- Tennessee Valley Authority
- Vanderbilt University
- Williamson Works
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