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Creve Coeur Wet Lab Space Nears Approval

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It looks like a long-sought wet lab development project in Creve Coeur may finally be getting the go ahead. Baltimore-based Wexford Science & Technology, LLC announced early last year that it was interested in developing an 8-acre tract adjacent to the Danforth Plant Science Center. Since then, the firm has been campaigning for a package of public incentives, the last of which should fall into place in the coming weeks.

If everything falls into place, Wexford expects to complete a $36.1 million, 118,000-square-foot building by summer 2009. The new facility could become a new home for the Nidus Center, as well as a St. Louis Community College biotech training program. More established startups, such as Nidus Center client Divergence, could also receive their own space.

If Wexford manages to lease 65% of the first building, they claim they could begin work on a second, or possibly third facility at the same location.

(...more from stltoday.com)

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