SPARC Kips Bay will proceed a legacy of profitable public-private partnerships to assist New York develop its life sciences business. Over the following 12 months, town and NYCEDC, working alongside the state and CUNY, will lead a grasp planning course of that can lead to a conceptual web site plan that can establish the location’s infrastructure wants, constructing massing, open area and city design, and potential zoning and different entitlement adjustments wanted to implement the challenge. The planning course of shall be knowledgeable by group engagement and subject material consultants, and supported by the architectural, city planning, and engineering agency Skidmore, Owings & Merrill.
This public-private partnership underscores Governor Hochul’s dedication to spur progress and innovation in New York’s healthcare and life sciences industries. The Governor continues to advance New York State’s $620 million Life Science Initiative to gas the creation of cutting-edge healthcare options and broaden the state’s capacity to commercialize analysis. The initiative features a $40 million New York State Biodefense Commercialization Fund created in response to the COVID-19 pandemic to capitalize on New York’s analysis and improvement property and experience.
Separately, Governor Hochul awarded the primary grant from state’s $350 million Long Island Investment Fund to the Feinstein Institutes for Medical Research and plans to launch a $50 million life sciences marketing strategy competitors by means of the Fund within the coming weeks. The Governor additionally labored with the State Legislature to safe a report $2.2 billion for capital enhancements at CUNY and SUNY colleges and an extra $500 million for working bills as a part of this 12 months’s finances. And in August, the Governor launched a $1.3 billion Health Care and Mental Hygiene Worker bonus program to recruit and retain high expertise for New York’s healthcare sector.
SPARC Kips Bay is anticipated to price $1.6 billion and shall be funded collectively by town and state with further non-public funding. SPARC Kips Bay is anticipated to interrupt floor in 2026 and be accomplished by the tip of 2031.
Representative Carolyn Maloney stated, “For years, this community has advocated for a major life sciences center at this site, and I’m thrilled that the day has finally come. There is no better place to be siting a state-of-the-art life sciences educational campus with some of the best medical schools, public hospitals, and research centers in close proximity. If we want to continue to be national leaders in the health care professions, we need to be making these types of investments and creating the pipelines that bring talented New Yorkers into the health care industry.”
Assemblymember Richard Gottfried stated, “This effort will strengthen health care and career opportunities in New York, especially in combination with New York’s expansion of the Diversity in Medicine program. This is also an important investment in public education and public higher education.”
New York City Councilmember Keith Powers stated, “After years of uncertainty over Brookdale’s future, today represents a big opportunity for New York City. It’s critical that our city continues to be a leader in the life sciences and that our next generation is ready to lead in cutting-edge industries. As this process continues, I look forward to receiving public input, reviewing this proposal with my colleagues, and having important conversations with the community.”
1199SEIU United Healthcare Workers East President George Gresham stated, “Life sciences are vital to the future of health care, jobs, and a growing economy. New York City has the resources to be a global hub for cutting-edge medical research and training that will be a boon for good, union jobs and economic growth throughout the region. CUNY is integral to training the health care workers of tomorrow and where many 1199SEIU members study, supported by our Training and Upgrading Fund. We look forward to continued collaboration with Mayor Adams and Governor Hochul on this initiative that will strengthen the delivery of health care in New York.”
Building and Construction Trades Council of Greater New York President Gary LaBarbera stated, “As New York continues to emerge from the pandemic, continued investment into critical development projects that not only improve our health care and life sciences infrastructure but also create thousands of good-paying jobs and career opportunities for our working-class people is crucial. This new public health and education hub in Kips Bay is yet another project that will establish New York as a leader in life sciences and health care and provide accessible middle-class career paths to hard-working New Yorkers. We applaud Mayor Adams and Governor Hochul for their continued commitment to driving forward these initiatives that position our city to come back stronger and drastically improve the lives of all New Yorkers.”
LEXEO Therapeutics CEO R. Noland Townsend stated, “As a CEO of a New York-based biotechnology company, I am excited to see this historic investment that should further catalyze growth of the life sciences sector in the city. Importantly, the ongoing collaboration of industry, academic, and government stakeholders has been critical to facilitating this acceleration in the pace and commitment to building and expanding the life sciences sector in New York.”
NewYorkBIO CEO Jennifer Hawks Bland stated, “Driving innovation and supporting the development and growth of New York State’s life science industry is core to our mission. Mayor Adams’ and Governor Hochul’s partnership in SPARC Kips Bay is an unprecedented collaborative investment in the advancement of education and career pipelines for this vital industry. This investment will capitalize on New York’s position as a life science leader and home for scientific excellence — paving the way for tremendous growth in talent and, eventually, start-ups and companies.”
Manhattan Community Board 6 Chair Kyle Athayde stated, “Manhattan Community Board 6 has long been advocating for a modernization of the Brookdale site and is delighted that our leaders are heeding our calls and proceeding in a new and forward-looking way. We thank Governor Hochul, Mayor Adams, Chancellor Matos Rodríguez, and President Raab for advancing and funding a plan that sets up Manhattan Community District 6 to lead in the life sciences industry and to prosper in the 21st century. Community Board 6 is also glad to see that the plan includes some community improvements, which we have advocated for throughout the years, such as an ADA-accessible pedestrian bridge over the FDR Drive to Waterside Plaza. Community Board 6 looks forward to being actively engaged with our government partners during the upcoming planning process.”
Albert and Mary Lasker Foundation Co-chair, Mayor’s Life Sciences Advisory Council, and President Claire Pomeroy stated, “We applaud Governor Hochul and Mayor Adams on this historic announcement. The new SPARC Kips Bay is a critical and inspiring investment in the current and future generations of scientists, clinicians, and public servants whose work advances the health of our New York City community and people around the globe. As co-chair of the Mayor’s Life Sciences Advisory Council, I am thrilled to support this new hub of education, career training, and innovation.”
Lewis Thomas University Professor of Medicine, Weill Cornell Medicine, Mayor’s Life Sciences Advisory Council Harold Varmus stated, “Today’s announcement by the mayor and governor is very welcome news to those of us who have been advising NYCEDC on its multiple projects to encourage the expansion of life science enterprises in the city through capital investments, real estate development, and training of local talent. A lot of progress has already been made, and the new plans can be expected to accelerate the pace of future development.”
Partnership Fund for New York City President and CEO Maria Gotsch stated, “This new research hub will accelerate the growth of life sciences in New York City and create an expanded hub in Kips Bay, currently anchored by the Alexandria Center. Thanks to major public and private sector investments, life sciences has become a bright spot in our city’s economy — creating thousands of jobs and attracting millions of additional dollars of private sector investment. The campus will also enhance the job training and workforce development initiatives needed to close the skills gap and create a pipeline of life sciences talent. We thank Mayor Adams and Governor Hochul for their continued support of the industry.”
Stuyvesant Town-Peter Cooper Village Tenants Association President Susan Steinberg stated, “We’re gratified that the partnership between New York State and New York City will utilize the Brookdale Site to expand the existing health and bioscience corridor between 23rd Street and 34th Street. We look forward to this collaboration providing for education, training, and medical services that will benefit the community.”
Waterside Tenants Association President Janet Handal stated, “The Waterside Tenants Association is very pleased to learn of the redevelopment plans for the Hunter Brookdale Campus, which will bring a new high school and professional training program to the community and high-quality jobs. We are especially pleased that a new ADA-compliant footbridge connecting Waterside to 25th Street will be built as part of the project. We look forward to working with NYCEDC on the community planning process to ensure the concerns and needs of the community are incorporated into the master plan.”
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