New Research Building Coming to Innovation Park in August 2015
An 82,000-square foot building that will be leased for research and economic development will break ground tomorrow in Innovation Park with an anticipated completion date sometime in August 2015.
The four-story building at 331 Innovation Park is said to be the first in all of Innovation Park to receive LEED certification. According to Penn State News, Robert Barron, CEO of managing partner GLP Development Company “expects Building 331 to become the first LEED-certified building in Innovation Park and meet the U.S. Green Building Council’s requirements for Silver level certification.” In short, Building 331 will be green.
A groundbreaking celebration will kick off the start of the project tomorrow at 11:30 a.m. in Presidents Hall at the Penn Stater Conference Center Hotel, which will be hosted by GLP Development of Baltimore. Penn State Vice President for Research Neil Sharkey and state Senator Jake Corman will be in attendance “to offer remarks on the project,” as well as Barron and Erwin Greenberg, chairman and founding partner, who “will address their ongoing investment in central Pennsylvania,” according to Penn State News.
GLP Development, leader of Innovation Capital Partners, has invested $17.8 million in Building 331, making its total investment at Innovation Park just under $56 million. They also currently own buildings 328, 329 and 330 at Innovation Park.