Governor Kathy Hochul today announced that Harlem Biospace will open its second incubator space in the Mink Building at 1361 Amsterdam Avenue in West Harlem’s Factory District. Harlem Biospace is a biotech incubator that offers affordable shared wet lab space for early-stage small and mid-sized life science companies. The facility will help fulfill a need for lab space for biotech companies with growing teams and for those graduating from shared spaces and facilities. The Manhattanville Factory District is a 1.2mm rsf master-planned innovation campus developed by the Janus Property Company.
Harlem Biospace’s first incubator space is in the Sweets Building in the Factory District. This venture will importantly result in a 10,250 square foot step-out graduation incubator lab for approximately 12-15 companies that are too large for typical lab incubators but too small to lease a private commercial lab. It will have a total capacity for up to 210 researchers. The offices and lab space will be equipped with state-of-the-art facilities and amenities with access to equipment and resources that include incubators, centrifuges and biosafety cabinets, and biohazardous and chemical waste disposal. The project also includes 11,000 square feet of space for a life science anchor tenant, currently Volastra Therapeutics, a New York-based drug discovery and therapeutics company pioneering novel approaches to treating cancer.
Recognizing the importance of supporting the growing life sciences industry in New York State, this project was recommended by the New York City Regional Economic Development Council and awarded a $1.5 million grant from Empire State Development. This project aligns with the REDC’s regional plan to support growing life-science companies and bolster the life sciences workforce in New York City.
Through strategic investments, New York fuels the creation of cutting-edge advancements in biopharmaceutical, device and diagnostic research, development and manufacturing. New York City is home to innovative biomedical research companies that drives the thriving life-science industry in New York State. Previously, Governor Hochul announced the opening of the Factory District’s $700 Million state-of-the-art Taystee Lab Building, an 11-story, 350,000 rsf lab building to support the growing life sciences ecosystem in the West Harlem arts and innovation corridor. Harlem Biospace’s proximity to Taystee Lab and academic institutes, such as Columbia Morningside and Manhattanville campuses and CUNY’s City College provides the vital ecosystem required for life science companies to flourish. Through its support of projects like Harlem Biospace II and the Taystee Lab Building, New York is expanding its ability to commercialize research and spur the growth of a world-class life science industry in New York City and across the State.
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