University of Maryland, Baltimore and Wexford Meeting Critical Demand for Wet Lab Space in Baltimore Region
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Thursday, September 22, 2022
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BALTIMORE, Sept. 22, 2022 /PRNewswire/ -- University of Maryland, Baltimore (UMB) and Wexford Science & Technology, LLC, announced today that 4MLK, the newest development project in the University of Maryland BioPark, is slated to move forward, with groundbreaking this fall (2022) and delivering in summer 2024. The 8-story, 250,000-square-foot building, Phase I of a two-phase project representing a $320 million total capital investment, will provide critical wet laboratory space in downtown Baltimore for researchers and companies, flexible lab and office/support space for start-ups, and Class A office space, along with areas for convening and a conference center.
Key Points:
- "The BioPark is a highly sought-after location for companies seeking commercial wet lab space as well as connection to UMB and the vast resources we offer.
- We are proud that 4MLK will deliver a high volume of new lab space to Baltimore, helping fill the severe shortage in our region."
- "4MLK is the result of our strong, long-term partnership with UMB and critical focus on providing much needed world-class research space to private industry.
- The UM BioPark offers high-quality lab and office space solutions for companies of all sizes, especially high-growth companies seeking connection with its academic partner, University of Maryland, Baltimore.