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Medical Mile Proposed to Bring Billions to Grand Rapids Michigan Economy

 

Grand Rapids Michigan could be where new cancer treatments are formulated,

new medicines to treat Alzheimer's disease, and new vaccines for diseases thought

to be untreatable will originate.

 

The investment in the medical research facilities, infrastructure and 

MSU College of Human Medicine in GrandRapids, Michigan is just the start of what

many hope to be future leaders in medical technology and life sciences for here

in West Michigan.  The area where all this growth is occurs is called "The Medical Mile." 

It is located on Michigan Avenue in the heart of downtown Grand Rapids.  

 

      

                                                cook devos center gr mi medical mile article                                               

 

 

In the forefront of this project is the West Michigan Science and Technology Initiative

 which is a partnership among The RightPlace, Inc., Van Andel Research Institute,

Grand Valley State University, the city of Grand Rapids and GrandRapids Community

College, Spectrum Health, Saint Mary's Health Care and Mary Free Bed Rehabilitation

Hospital.  Its mission is to create an environment that sparks innovation and supports

the commercialization of science and technology. Since its inception, the Initiative

has assisted more than 70 plus clients in commercialization of new products, including

funding through receipt of more than $7M in federal and state grant awards.

The growth in this area is phenomenal and many see this as just the tip of the iceberg,

so to speak.

 

The Michigan Business Report says local start ups are thriving in the area of diagnostics,

medical devices, drug development and clinical research for therapeutics.  The medical

device market alone is estimated to be at least  $115 billion and growing between 11

to 15 per cent each year.

 

                                                      

   

photos of CookDeVos Center for Disease from GVSU website

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This post has been included in Michigan Real Estate News Kent County, MI Real Estate News Grand Rapids, MI Real Estate News
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Post is included in group: Kent County MI Real Estate

6 Comments on Medical Mile Proposed to Bring Billions to Grand Rapids Michigan Economy

MAR
20
2008
354,888 Points 137 Featured Posts Localism Sponsor Outside Blog
The investment in biotechnology is an important one for our community.  It's been extraordinary to witness the phenomenal growth and meet some of the people involved in this industry. Great post highlighting our local area.
9:53pm • #1
548,242 Points 1 Featured Post Localism Sponsor Outside Blog Attended Rain Camp
Lola, Thanks for the comments. Sure need the good news in our area.
10:01pm • #2
MAR
22
2008
597,481 Points 45 Featured Posts Outside Blog
Terry - that's great positive news. So glad to hear that Michigan is making new inroads for a successful future.
7:57pm • #3
548,242 Points 1 Featured Post Localism Sponsor Outside Blog Attended Rain Camp
Sharon: We need to get a new base of employment and it appears the medical is a viable option Thanks for stopping  by.
8:16pm • #4
MAR
23
2008
I love how the construction of the medical buildings is helping to change our skyline!!!  I am excited.  Lets see how it will boost our local economy.
8:25pm • #5
MAR
24
2008
548,242 Points 1 Featured Post Localism Sponsor Outside Blog Attended Rain Camp
Ethan:We just were downtown at the new museum and all the construction has to be good for the area.
12:40pm • #6

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Terry+Bonnie Westbrook Westbrook Realty Grand Rapids Forest Hills MI Real Estate

Grand Rapids, MI

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