The certified technology park would be a joint local development financing authority, like those around the state that are high-tech clusters serving as centers on innovation and technology transfer. They have already attracted 21 companies and investment of more than $100 million statewide, and have six new business incubator facilities in operation or under construction.
One of the Troy parks will include the new Automation Alley headquarters, a planned 20,000-sf building in the 75-acre business and technology park now owned by Liberty Property Trust of Malvern, PA.The SmartZones are designed to attract high-tech companies, provide support by universities and research institutes and foster collaboration with local governments.
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