An agreement has been reached for two vacant buildings on Pfizer’s Groton campus to become a bioscience innovation center and the state’s new IT data center, according to a statement from Gov. Dannel Malloy’s office.
Pfizer will donate Building 286 to Connecticut United for Research Excellence to develop a technology incubator that will serve as a hub for entrepreneurs, scientists and start-up and growing businesses.
During its February 28 meeting, the State Bond Commission approved a $4.2 million grant for CURE Innovations, LLC, a subsidiary of CURE, to fund renovations and initial costs associated with CURE Innovation Commons.
Pfizer will also lease Building 230 to the State of Connecticut for the state’s new data center, which will be rented for $1 per year.
“This agreement is great news for Groton and the surrounding region, and the culmination of months of negotiations between Pfizer, CURE and (Department of Administrative Services) that, in the end, will provide an economic boost in southeastern Connecticut,” Malloy said in a statement.
CURE Innovation Commons will be around 24,000 square feet and house up to seven laboratories, several offices, conference rooms and meeting space.
It could accommodate six to nine separate companies and there will be some space to accommodate startup projects.
State officials said they have been looking for a data center for some time, and this facility will be above hurricane level surge and have all the necessary safety measures needed.
Renovations are expected to be completed by Sept. 1 and the facility will be fully operational by July 1, 2015.