The Richard King Mellon Foundation announced Wednesday that it’s gifting the money to the University of Pittsburgh to develop a large swath of the 178-acre Hazelwood Green development along the Monongahela River into a biomanufacturing powerhouse.
The $100 million grant — the largest ever donated by the foundation for a single project — will provide the capital and some initial operating expenses for the site’s newest anchor tenant: Pitt’s planned commercial bioresearch and development facility named Bioforge.
triblive.com
The $100 million grant — the largest ever donated by the foundation for a single project — will provide the capital and some initial operating expenses for the site’s newest anchor tenant: Pitt’s planned commercial bioresearch and development facility named Bioforge.
Pitt gets $100M infusion to build biomanufacturing hub at Hazelwood Green brownfield site
Pittsburgh’s last brownfield-turned-tech hub just got another $100 million infusion. The Richard King Mellon Foundation announced Wednesday that it’s gifting the money to the University of Pittsburgh to develop a large swath of the 178-acre Hazelwood Green development along the Monongahela River...
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