The University of Miami (UM) is one of the leading private institutions in the nation with a strong history of academic achievement. The University academic community includes over 10,400 undergraduate students, 4,900 graduates students, and over 3,000 faculty members. UM has enjoyed a steady upward trajectory in prominence, reflected by the increasing number of renowned researchers from around the country who have chosen to relocate to UM. The result has been one of the highest growth rates in sponsored research funding in the nation and the unprecedented creation of high-value intellectual capital.
The Leonard M. Miller School of Medicine campus consists of approximately 68-acres of owned and leased land within the 153-acre University of Miami/Jackson Memorial Medical Center complex. This area, commonly referred to as the Miami Health District, is one of the largest medical footprints in the country and will be the future home of the UM Life Science & Technology Park. Today, over 1,500 research projects are being conducted at the Leonard M. Miller School of Medicine.
Located in the northeastern sector of the Miami Health District, at the intersection of NW 7th Avenue and NW 20th Street, the UM Life Science & Technology Park will be a vibrant urban research park community where people can work and play. Companies from the private and public sector will thrive in mixed use facilities with labs, offices, retail shops, restaurants, and industry-leading amenities. The UM Life Science & Technology Park will be near to six outstanding hospitals:
- University of Miami Hospital (560 beds), the flagship hospital of the University of Miami Health System (UHealth)
- Anne Bates Leach Eye Hospital and home to the Bascom Palmer Eye Institute (35 beds), ranked the number #1 ophthalmology hospital in the nation for the fifth consecutive year
- University of Miami Hospital Clinics/Sylvester Cancer Center (40 beds), the only University-based cancer center in Florida
- Jackson Memorial Hospital (1696 beds), rated among the best hospitals in the nation
- Holtz Children’s Hospital (254 beds), home to one of the largest neonatal intensive care units in the country
- Bruce W. Carter Department of Veterans Affairs Medical Center (191 beds), caring for veterans throughout the greater Miami area
UM Life Science & Technology Park will provide facilities, infrastructure and interdisciplinary opportunities to foster the development of life sciences, technology and biotechnology innovations. With close proximity to the Leonard M. Miller School of Medicine, the Miami Health District and centrally situated in the heart of Miami, home to 1781 research institutions and 1991 testing laboratories, the UM Life Science & Technology Park will facilitate access to outstanding resources and create synergies between the University and tenant companies, advancing clinical breakthroughs and benefiting all people.
In Miami, there are over 1,700 Life Science companies, including industry leaders such as:
- Beckman Coulter
- BD (Becton, Dickinson and Company)
- Boston Scientific
- Cordis (a Johnson & Johnson Company)
- Schering-Plough Stiefel Laboratories, Inc
The UM Life Science & Technology Park state-of-the-art facilities will accommodate companies and institutes of all types -- from locally grown University start-ups to global entities. As a gateway to the Americas and the world, Miami offers a strategic location for companies seeking to establish sales, marketing and lab space to penetrate the U.S. markets, and/or regional office space to service markets as a distribution center for Europe, Latin America and the Caribbean.
The development of a world-class research park supports the University’s discovery mission. Under the proposed Master Plan, the University may develop up to 1.8 million square feet of laboratory, office and retail space on 10 acres. The plan contemplates a full build-out of five research and development buildings dedicated to life sciences research. The UM Life Science & Technology Park may be the most exciting and possibly the most important advancement in UM’s history as it relates to innovation and advancement in the life sciences.
1 Source: “Miami-Dade County: A Natural Choice for the Life Sciences,” Beacon Council, www.beaconcouncil.com, 2008