The P.G. county Park and Planning has released a report on its study to create a biotech incubator in the county that may generate nearly 2000 jobs and $4.4 million annual tax revenues.
The study recommends locating the incubator at M-Square in College Park, the upcoming Konterra Business Campus in Laurel or near the Prince George’s Plaza Metro in Hyattsville. Job and revenue numbers depend on the location, with the Plaza Metro site presenting the greatest possible benefits.
In a newly issued report, county consultants have ranked publicly owned lots near M Square Research Park as the top recommendation for a biotech center, touting its across-the-street status from a University of Maryland research hot spot and the College Park Metro station.