At Wednesday morning’s groundbreaking ceremony for the expansion of Massachusetts Biomedical Initiatives’ biomedical center, city and state officials and members of the state’s life sciences industry said the groundbreaking is the latest step in creating a life sciences hub in Central Massachusetts and a larger biomedical industry along the Massachusetts Turnpike.
Jon Weaver, CEO & President of MBI, said that MBI has worked with local and state partners to develop Worcester as a life sciences cluster and added the success from that initiative has come faster than initially thought. He said that when MBI celebrated the opening of the first project of the Briden Street center, it believed it would take three years to fill the space.
The expansion was made possible in part by a $3 million investment from Massachusetts Life Sciences Center’s research infrastructure program. The total project is estimated to cost around $5 million.