Biomedical Frontiers: Winter 1995, Vol.2, No.2
First Audubon Building Complete

Construction is now complete at New York City's first commercial biotechnology incubator facility. The Audubon Business and Technology Center-a Columbia University, city, and state project-is ready for tenant outfitting and is offering subsidized rents and services to start-up biotech companies.

Located across from Columbia-Presbyterian Medical Center on Broadway between 165th and 166th Streets, the six-story Audubon Business Center has 60,000 square feet of core and shell laboratory space for pharmaceutical and biotech companies and 10,000 square feet of ground level space for retail firms.

"Audubon can house companies that want to expand or relocate, companies that want to be close to an academic center, such as Columbia, or young companies," says Dr. William A. Polf, deputy vice president, external relations and strategic programs.

"Developing new companies is key to developing a strong biotech industry in New York City," says Mitch Gipson, executive director of the Audubon Biomedical Science and Technology Park, where the Audubon Business Center is located. "Many of the small firms that make up the commercial biotech industry are in need of a strong business support structure, which we can provide," says Mr. Gipson, who is responsible for commercial development. Prospective tenants can contact Mr. Gipson.

Storefront tenants are moving into the facility. Mr. Gipson reports that scheduled tenants include Chemical Bank, a bookstore, and a restaurant with evening entertainment. A pizza parlor and coffee bar also are planned.

The Audubon Business Center is the first structure in the Audubon Biomedical Science and Technology Park, a five-building, $300 million complex under development.

Audubon facade detail, above left. The completed Audubon Business and Technology Center, right.