Baltimore’s Biotech Hub May Be Fueled by Graduate Students | WAMU 88.5 - American University Radio

: News

Baltimore’s Biotech Hub May Be Fueled by Graduate Students

Play associated audio

Construction cranes have returned to the skies over Baltimore’s largest-ever redevelopment project.

But financing remains a roadblock to transforming a blighted neighborhood into a biotech park.

Biotech was supposed to be the economic engine for change in the neighborhood just north of the Johns Hopkins Medical Campus.

Instead, bulldozers are clearing land for graduate school housing.

"This will put nearly 600 adults on the street every single day," Chris Shea, chief of East Baltimore Development Incorporated, says.

The agency is charged with bringing people and jobs to an 88-acre site that’s been frozen by the recession.

Shea says financing for biotech and conventional housing remains hard to come by.

But Hopkins wanted the space for its students. And Shea thinks they can be magnets for revitalization, "So that we can finally get that grocery store, that coffee shop, we can finally get the exercise and recreation amenities."

And Shea says life science grad students and post-docs are the kind of people that would eventually work at biotech start-ups.

Whether those companies will come to East Baltimore remains unclear.

WAMU 88.5

Arlington County To Weigh Closing Artisphere Today

Arlington's Artisphere is on the chopping block, as county officials decide whether the art center is worth the $1 million a year it costs to run it.
NPR

When Danish Cows See Fresh Spring Pasture, They Jump For Joy

Thousands of spectators gather every April to see ecstatic cows return to fields on organic farms around Denmark. The organic industry says the event has helped fuel demand for organic foods.
NPR

Proposed Retirement Advice Rule Has Worrisome Loopholes, Experts Say

The Department of Labor has crafted a proposed rule to better protect Americans saving for retirement. But questions are already being raised about how effective the new measure would be.
NPR

Solar Power Makes Electricity More Accessible On Navajo Reservation

The panels, funded by government grants, are helping thousands of tribal residents take advantage of the everyday luxuries enjoyed by other Americans — like turning on lights or storing food.

Leave a Comment

Help keep the conversation civil. Please refer to our Terms of Use and Code of Conduct before posting your comments.