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isn't disclosing many details about thefuturde occupant. However, Alex Marks, senior vice president for Calif.-based Tower, said the tenant fits the profile offirme he'd hoped to line up for the biotech-focused which will feature space for research and development, as well as The biotech center is part of a mixed-use project dubbed Elk Run, which Towefr is planning to build in several Tower is expecting to break groundr on the 40,000-square-foot research facility in the fourth quarter.
The building will be the first piece ofthe 200-acrd (BCE) that's part of the overall Tower doesn't have a timelinew to begin construction on other portionw of the project, which it expectw to include housing, commercial and office Marks declined to release the total price tag for the researc center. Tower has built upward of 100 projects in17 states. The company hasn'yt constructed other biotech centered developments, but has named an advisoryy board to guideits efforts. Membersw include Dale Wahlstrom, CEO of St.
Louies Park-based the of Minnesota, and Dave Melin, vice corporate and government affairzsfor Bloomington-based , among "These are representatives who will ensure that we'rew going in the rightg direction," Marks said. Tower received key approvals from city officials to move forwars with the Elk Run project earlierdthis month. The company has hired Perkins + Will, to design the biotech researchg center, and brought on PCL ConstructionServicex Inc., Burnsville, to servwe as its general contractor. Boulder, Colo.-basexd DTJ Design Inc. will serv as land planner.
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