Texas Medical Center plans to expand by building a new biomanufacturing facility, TMC BioPort, which aims to further develop Houston’s life sciences ecosystem. Bill McKeon, President and CEO of TMC, made the announcement during the State of the Texas Medical Center’s annual event this week.
“TMC BioPort will be the home of our organic production. It will be a new 500-acre campus and we are still in the due diligence phase. We believe that alone will create 100,000 additional jobs,” said McKeon.
BioPort will not only serve as the primary engine for the biological manufacturing and distribution of medical supplies, but will also provide an on-site competency training center. McKeon said the COVID-19 pandemic has highlighted the importance of manufacturing facilities like BioPort in the region. The new campus is expected to create more than 100,000 new jobs as the region works to meet increasing demand for organic manufacturing capacity. McKeon added that the new campus will double TMC’s size in about five years.
McKeon also announced that the TMC Innovation Factory Labs will open in Q1 2023 at the TMC Innovation Campus, which opened in 2015 in the former Nabisco Cookie Factory.
TMC Helix Park, formerly known as TMC3, will serve as a multi-district anchor. The first phase of the 37-hectare life sciences campus is scheduled for completion in 2023. According to McKeon, Helix Park will foster collaboration between industry, academia and entrepreneurs through more than 6 million square feet of built space and nearly 19 acres of green space. The TMC3 Collaborative Building, the first multi-agency research facility in TMC’s history, is scheduled for completion next year. The project is expected to create 27,000 jobs in the region.
TMC and its 61 institutions continue to enjoy national recognition as some of the finest hospitals and universities, contributing to Houston’s growing position at the forefront of advancements in life sciences. Houston is ranked #2 in the US for top emerging life science clusters by CBRE.
“I know that Texas Medical Center will not only continue to thrive as an economic powerhouse for the region, but will also be at the forefront of accelerating Houston as a world leader in life sciences and healthcare,” said Bob Harvey, President and Partnership CEO.
Read more about the life sciences industry in Houston.