Tucson, AZ — Congressman Raúl M. Grijalva announced today that the University of Arizona will receive funding under the American Recovery and Reinvestment Plan (ARRA) to build infrastructure for the Arizona Bioscience Park.
The University of Arizona will receive a $4.7 million Economic Development Administration (EDA) grant to build infrastructure to support phase-one development of the Arizona Bioscience Park.
The grant will fund on-site infrastructure improvements, including roads, water systems, utilities, telecommunications and landscaping. When completed, these improvements will make the Bio Park “development ready”.
The Bio Park is located at the corner of 36th Street and Kino Parkway.
“The University of Arizona continues to be in the forefront of bioscience research and technology,” said Grijalva. “The Arizona Bioscience Park will provide Southern Arizona with a top-notch training and research facility. This will provide workforce training, research and development opportunities, and private sector investment in the bioscience sector.”
EDA is an agency within the U.S. Commerce Department and supports the economic development needs of distressed communities throughout the United States. Its mission is to lead the federal economic development agenda by promoting innovation and competitiveness and preparing American regions for growth and success in the worldwide economy.
Additional information on how EDA investments are helping distressed communities create a positive and sustainable economic future can be accessed at: http://www.eda.gov.