Skip to main content

Home/ MaRS/ Group items tagged Real Estate

Rss Feed Group items tagged

Assunta Krehl

U.S. firm to construct T.O. life science centre - The Star - 0 views

  •  
    MaRS Discovery District has selected Alexandria Real Estate Equities Inc, the largest publicly traded U.S. life science realty company, to develop a 900,000 square foot high-rise office and laboratory complex that will include an of the atrium in the MaRS building. Jun 27, 2007
  •  
    MaRS Discovery District has selected Alexandria Real Estate Equities Inc, the largest publicly traded U.S. life science realty company, to develop a 900,000 square foot high-rise office and laboratory complex that will include an of the atrium in the MaRS building.
Cathy Bogaart

Guardly lands partnership with largest REALTOR association in US - Techvibes.com - 1 views

  •  
    Toronto startup and MaRS client Guardly announces that it has entered into a partnership with the California Association of REALTORS (C.A.R.) to provide a smartphone app that helps real estate agents stay safe on the job.
Assunta Krehl

Tridel uses Internet Protocol to improve building security, energy efficiency - Daily C... - 0 views

  •  
    Greg Meckback, Digital Media Editor from Daily Commercial News states "Toronto real estate developer Tridel is partnering with Cisco Systems Inc. to use Internet Protocol (IP) technology to improve energy efficiency, security and entertainment systems in its buildings....TowerLabs with Tridel co-founded with the MaRS Discovery District, is getting feedback from focus groups on devices such as programmable thermostats or the possibility of putting programmable thermostat functions on a portable electronic device such as Apple Inc.'s iPhone."
Assunta Krehl

Test-tube industry - Canadian Business - 0 views

  • For Dr. John Evans, growing a strong biotechnology industry is much the same: cities must provide a nurturing environment where science and business can thrive together.
  • That's why Evans, former president of the University of Toronto and current chairman of Torstar Corp., is spearheading the $345-million Medical and Related Science initiative, or MaRS--a petri dish of sorts for commercializing science research. "A lot of intellectual property is being commercialized outside Canada," says Evans. "I think we've been slow in realizing just how important technology developments are to the economic future of the country. MaRS is an attempt to give this a kick into a higher gear." The centrepiece of the MaRS plan, which will officially launch May 12, is a 1.3-million-square-foot, five-building complex in downtown Toronto that will provide office and lab space for small and medium-size companies and incubators, including the not-for-profit Toronto Biotechnology Commercialization Centre. While Evans is reluctant to limit its scope, MaRS will generally focus on health-related technologies, from new drugs and genetic treatments to medical devices and imaging software. Branded a "convergence centre," it will also house a careful mix of support services: intellectual property lawyers, accountants, marketing experts, government funding organizations and venture capital financiers. Plus, start-ups will have access to all the latest equipment on site. For instance, MaRS is in talks with MDS Sciex to supply mass spectrometers, used in proteomics research.
  • But MaRS will be more than just a New Economy real estate development. Evans's intention is to funnel tenants' rent money into services--such as entrepreneurship seminars and angel-matching programs--that MaRS will offer to the broader biotech community. That's why MaRS's location is key: the centre will be built in the heart of what Toronto has dubbed the "Discovery District," a two-square-kilometre chunk of the downtown core, encompassing U of T and four major hospitals. From there, MaRS hopes to act as a network hub across Ontario, with links to research-intensive universities. "None of them," says Evans, "have the critical mass to put it all together on their own."
  • ...3 more annotations...
  • MaRS's primary goal is to get Toronto and the rest of Ontario on the global biotech map. Evans came up with the concept in the late 1990s with Dr. Calvin Stiller, CEO of the labor-sponsored Canadian Medical Discoveries Fund, and Kenneth Knox, a former deputy minister for the Ontario government who's now CEO of MaRS
  • As far as schemes to support fledgling industries go, MaRS is refreshing. To start, it's a nonprofit corporation, not a government program, which will hopefully ensure that it runs more efficiently. The feds and the province of Ontario have each doled out $20 million for MaRS, and Toronto has donated in-kind $4.5 million. More than $12 million has come from a small pool of corporations, including Eli Lilly Canada and MDS, as well as individual donors like Joseph Rotman and Lawrence Bloomberg (who both sit on the MaRS board). U of T pitched in $5 million, and MaRS also did some innovative bond financing to round off the $165 million needed to build Phase I. "It was very important for us to not belong to anybody," says Evans.
  • Now MaRS's challenge is to get the word out. Its posted rate of $26 per square foot is very competitive for prime downtown real estate and is sure to attract attention, especially considering its customized lab space. But MaRS's success won't be measured by a low vacancy rate; getting the right mix of scientists, entrepreneurs and professionals is critical if it plans to commercialize some sustainable businesses. It won't happen overnight--in fact, it may be 10 years before anyone can gauge MaRS's impact. Seems growing a biotech industry isn't quite as easy as growing E. coli in a petri dish.
  •  
    John Evans spearheads the MaRS project which will help to accelerate commercialization for scientific research. The official launch of the MaRS plan will happen on May 12, 2003.
Assunta Krehl

HAMILTON: TowerLabs turns tall buildings into 'laboratories of change' - The Star - Jan... - 0 views

  •  
    The Star states "TowerLabs is a company that focuses on relationship making and is a project manager that helps in getting the technology installed and measures its performance in both real-world and test scenarios. It plans to test its technologies at the tower being built as part of the expansion at MaRS."
Assunta Krehl

Diamond Schmitt Architects to design cancer research lab space at MaRS in Toronto - Dai... - 0 views

  •  
    "Diamond Schmitt Architects will design research laboratory space for the Ontario Institute for Cancer Research (OICR) at the MaRS Phase II west tower currently under construction in downtown Toronto." MaRS Phase II occupancy is slatted for 2013.
Miguel Amante

Brick box turns modernist palace - The Globe and Mail - August 5, 2010 - 1 views

  •  
    Architect Ivan Saleff's recent adaptive revamp of a mildly modern Forest Hill home is a marriage of distinct parts, in similar fashion to the ROM's Michael Lee-Chin Crystal or the MaRS Centre.
1 - 9 of 9
Showing 20 items per page