$565 Million on Tap for Downtown Biotech Campus
As classes begin at the University of Arizona College of Medicine in downtown Phoenix, medical school officials are looking to raise $480 million for two additional buildings on the campus.
At the same time, The Plaza Cos. is preparing to develop an $85 million biomedical plaza nearby with "wet labs" -- extensive research facilities fitted with specialized ventilation systems and sinks. This will provide a key element in establishing a biotech hub downtown.