University of Minnesota Looking at Developing Tech Park

MINNEAPOLIS-The $40 million project would be a

By Jim McCartney | Updated on September 25, 2000

MINNEAPOLIS-The University of Minnesota and the city ofMinneapolis are discussing the development of atechnology park, says university’s president MarkYudof.

The park, which would also be a businessincubator facility, could cost up to $40 million, andwould likely be located on a 13-acre site near theUniversity’s main campus in Minneapolis.

The project,which is tentatively called Minneapolis-UniversityResearch and Technology Park, would be apublic-private effort in which the city, with the helpof state and federal money, would buy the land andline up anchor tenants.

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