Kips Bay Science Park and Research Campus Plans Revealed
The master plan for a Science Park and Research Campus (SPARC) was recently revealed by Governor Hochul and New York City Mayor Eric Adams. The new life sciences hub will transform an entire city block on Hunter College’s Brookdale Campus at East 25th Street and 1st Avenue in the Kips Bay neighborhood. The project is expected to generate an economic impact of $42 billion over 30 years and create over 15,000 jobs. Focusing on workforce and educational opportunities, the up to 2 million square feet of space will offer state-of-the-art dedicated academic, public health, and life sciences facilities for institutions like the Hunter College School of Nursing and the City of New York (CUMY) Graduate School of Public Health, as well as public spaces to ensure community engagement and accessibility. Expected to break ground in late 2025 with anticipated construction completion by 2031, a Request for Proposals (RFP) has been issued for the first phase of the project that aligns with New York State’s $620 million Life Science Initiative.
Source: https://newyorkyimby.com/2023/11/master-plan-revealed-for-sparc-life-science-and-public-health-innovation-hub-in-kips-bay-manhattan.html