Biotech incubator considered for Chandler

March 14, 2009

By hammersmith

[Source: Ari Cohn, East Valley Tribune] – A major site on Chandler’s Price Road technology corridor formerly occupied by Motorola could be the future home of a biotechnology business incubator.

The idea is to set up a city-subsidized space tailored for small but growing biotech firms, a commercial sector Chandler covets because of the high-paying jobs it brings. Once a firm becomes established, the expectation is that it would remain in Chandler, boosting the city’s economic base, said Pat McDermott, assistant city manager.

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