Upon its 2004 completion, the facility will be divided into academic space for Johns Hopkins, and leasable space for science and technology firms interested in teaming up with the university. Spaulding & Slye Colliers is the master developer on the project, and tells GlobeSt.com that the structure will cost $22 million to build. New Boston Fund has come up with the equity financing for development of the facility. "It is a key component of Johns Hopkins' campus expansion, and it has tremendous benefits for the entire region," New Boston Fund senior vice president of acquisitions Jim Kelleher says of the hybrid building.
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