(Crystal Proenza is associate editor of Real EstateFlorida.)

PORT ST. LUCIE, FL- The Torrey Pines Institute for MolecularStudies (TPIMS) has received its certificate of occupancy for its103,000-sf facility at the Florida Center for Innovation, a150-acre research park under development here. This will be thefirst biotechnology organization attracted by Florida's InnovationIncentive program to complete and move into a building at thecenter, according to a press release published by developer CoreCommunities.

As part of the incentives, the City of Port St. Lucie built the$40-million facility for TPIMS. Suffolk Construction, which wasresponsible for building the LEED-certified structure, finished theproject months ahead of schedule.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.