The Real Deal Miami

Biotech bonanza burgeons

July 01, 2008 09:06AM

Scripps Florida, the medical research hub of scientists and graduate students, is pushing forward with its plan to develop 683 acres in Palm Beach County. The county government and the tract’s landowners — the Lester family — are working out plans for the so-called Briger tract in Jupiter. The stretch of vacant land is located across Donald Ross Road from Florida Atlantic University, home of the Scripps Research Institute’s first labs in Florida. A proposal calls for about 2,700 homes and 4.5 million square feet of commercial space, with 1.6 million square feet set aside for Scripps and 2.4 million square feet available for other biotech companies.