October 14, 2022
A $1.6 billion state-of-the-art life sciences hub will open in Kips Bay, Gov. Kathy Hochul and Mayor Eric Adams announced Thursday. Located on East 25th Street and First Avenue, the Science Park and Research Campus will provide modern facilities for 4,500 City University of New York students, as well as an ambulatory care center, a Health + Hospitals training center, a health care and sciences high school, and a training center for forensic pathologists. SPARC Kips Bay will be funded jointly by the city and state with additional private investment, according to officials.
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