EU Commission initiates trial endeavor in the realm of biotechnology within the Union
Dresden's Life Sciences Hub Expands with the Construction of BioZ 2
Dresden, Germany, is set to further establish itself as a hub for life sciences with the construction of BioZ 2, a new building that will provide 4,100 square meters of rentable space for life sciences companies. The groundbreaking for this project took place recently, and it is expected to be completed by the end of 2025.
The new building will be located near the University Hospital Carl Gustav Carus, making it an ideal location for collaboration and innovation in the life sciences sector. BioZ 2 is an expansion of the BioInnovationsCenter Dresden (BioZ), which was opened on Tatzberg about 20 years ago and is currently fully utilized.
The existing BioZ houses 190 tenants, and the demand for space has grown significantly, especially for startups and growing SMEs in the life sciences industry. The construction of BioZ 2 will help alleviate this demand and provide much-needed space for these companies.
The cost of constructing BioZ 2 is approximately 18 million euros. The funding for this new building will come from various sources, including GRW infrastructure grants, which will provide 6.7 million euros. Additional funding will be provided in the form of third-party funds.
The TechnologyCenter Dresden GmbH manages 539 companies in the industry, and the settlement of these diverse companies has directly created approximately 6,200 jobs. The construction of BioZ 2 is an opportunity for Dresden to further cement its position as a hotspot for life sciences.
Construction of the shell for BioZ 2 began in November 2023, and the project is progressing steadily. The exact details about who supports the financing of the new BioZ 2 building in Dresden are not yet available. However, the construction of this new building is a testament to the city's commitment to supporting the growth and development of the life sciences sector.
In conclusion, BioZ 2 is an exciting development for Dresden's life sciences sector. The new building will provide much-needed space for startups and growing SMEs, contribute to job creation, and help further establish Dresden as a hub for life sciences. The project is expected to be completed by the end of 2025, and we look forward to seeing the positive impact it will have on the city and the industry.
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