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Simone: Bronx is Poised for Life Science Success
The Bronx has the essential qualities to become a thriving life sciences hub, said Joe Simone, president of Simone Development Companies.
“The rise of innovation districts in major U.S. cities is driven by a set of traits that allow biotech firms to flourish,” said Simone. “These traits include: physical compactness; transit accessibility; technical wiring; and mixed-use housing, office and retail.”
The Bronx’s Morris Park neighborhood is already undergoing the needed transformation to foster an innovation corridor. New housing has been built near the Albert Einstein College of Medicine and New York City’s 911 call center next to Simone’s Hutchinson Metro Center brought the necessary high-speed wiring.
Now, Simone Development is expanding the Hutchinson to include wet laboratories for medical research. This life-science-focused expansion will sit next to a new Metro-North train station that will soon provide direct access to Grand Central Terminal and New York City’s other innovation corridors.
- ◦Development
