Alexandria Real Estate Equities Inc. today laid the foundation stone for Alexandria Knowledge ParkTM at Bangalore Helix, Electronics City, Bangalore marking the commencement of the prestigious project in the presence of Shri. B S Yeddyurappa, the Hon'ble Chief Minister of Karnataka as the Chief Guest for the occasion. The ceremony was presided by Shri. M Krishnappa - BJP MLA. The Guests of Honor for the occasion were Shri. M.N. Vidyashakar, IAS, Principal Secretary, Dept. of IT, BT and S&T, Govt. of Karnataka, Dr. Kiran Mazumdar Shaw, Chairperson of Vision Group on Biotechnology and CMD Biocon and Dr. Vijay Chandru President ABLE and Chairman & CEO Strand Life Sciences Pvt. Ltd., and Shri. Arvind Jannu, IAS - Managing Director, KEONICS and Director IT & BT Government of Karnataka. amongst other dignitaries.
Alexandria Knowledge Park TM, Bangalore Helix would be modeled around the successful Greenfield clusters already conceptualized and developed by Alexandria in Mission Bay, San Francisco, Technology Square in Cambridge , Boston and Alexandria Center for Life science at NYC. Alexandria intends to introduce to Bangalore its successful global proprietary products like Alexandria Innovation Center (incubation Space), Science Hotel, Turn-key labspace.
Speaking on the occasion, Mr. Jeffrey Newton, Vice President, Alexandria Real Estate Equities Inc. thanked the Karnataka state Govt. for extending their best possible support to Alexandria and also expressed his excitement about partnering with the very progressive state government. He expressed his belief and conviction about the Karnataka’s life science sector growing leaps and bounds under the able leadership of Shri. B S Yeddyurappa, Dr. Kiran Mazumdar and a very supportive department of IT/BT and Science & Technology with Dr. V S Acharya and Shri. M N Vidyashankar at its helm.
Alexandria’s vision of “Building the future of Life science” and its commitment to develop the world-class scientific research and development cluster Alexandria Knowledge Park at Electronic City will further strengthen Bangalore’s position as a leading life science/R&D and help it emerge as the most desired destination for Life sciences companies working on technologies of future.
The development of the park will happen in phases, the first of which is expected to be completed in 24 months.
Alexandria’s experience and expertise in providing state-of-the-art lab space will help catapult the Life sciences industry in Karnataka to greater heights. For the Indian Biotech industry to compete in the global scenario quality would be one of the key parameters. The compelling high quality research infrastructure developed by companies like Alexandria can truly create world class R&D environment thereby adding greater value to the industry as a whole.