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First phase of UM research complex tops off

September 15, 2010 03:15PM

University of Miami Life Sciences & Technology Park

The first phase of the new University of Miami Life Science & Technology Park has topped off at six stories, the developer, Wexford Science & Technology, officially announced. The 252,000-square-foot R&D Building One, which is pre-certified as a LEED Gold facility, is slated for completion mid-next year and will house labs, offices and retail space. The five-building project, which will contain between 1.6 million and 2 million square feet of space when finished, is situated on 8.8 acres off of Interstate-95, between NW 17th and 20th streets. The University of Miami is slated to take 80,000 square feet in R&D Building One, of which 50,000 square feet will go to the UM Tissue Bank. Jones Lang LaSalle has leased around 40 percent of the building, and The Real Deal got an exclusive sneak peek at the building last week with broker Richard Schuchts. See the video hereTRD