X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

MT. PLEASANT, MI-A joint venture between a molecular research company and an Australian biotechnology company is the first new tenant for a high-tech research and incubator facility at Central Michigan University in Mt. Pleasant, Mich.

Dendritic Nanotechnologies Limited, a joint venture of chemist Donald Tomalia and Melbourne, Australia-based Starpharma Pooled Development Ltd., recently leased 808-sf of space in the new 12,000-sf multi-tenant research and incubator complex. The facility is part of the Center for Applied Research and Technology at CMU, a 300-acre certified technology park.

Dendritic Nanotechnologies’ space, which should be ready for occupancy in January 2002, will include incubator space, offices, several individual “secure zones” with controlled access and a conference area. The center will also give the scientists easy access to CMU’s nationally recognized research resources including faculty, students, labs, a powerful IBM supercomputer and high-speed Internet connectivity. Starpharma intends to invest up to $2.18 million over the next three years in the new company, which will employ Tomalia’s team of scientists. They will develop scientific and commercial uses for dendrimers, a unique molecular structure that Tomalia created. Potential uses include innovations in gene therapy, drug delivery and computer chips.

Created by CMU and the city of Mt. Pleasant, the Center for Applied Research and Technology at CMU is home to the Mt. Pleasant SmartZone, part of a network of technology-oriented business centers throughout the state. The center is also Michigan’s first certified technology park. The center is managed and developed by the private, non-profit MMDC, which represents Clare and Isabella counties in the central Michigan region.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt. NET LEASE Awards 2020Event

These awards honor the industry's most influential and knowledgeable real estate executives from the net lease sector.

Get More Information
 

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.