BUENOS, AIRES-Taurus Americas is planning to develop a 1.6-million-sf technology park on 67 acres here in conjunction with Austral University. The $100-million development will be the first university research park in the country.

Taurus Americas is a locally based subsidiary of Munich-based Taurus Investment Holdings LLC. The company was selected by the private, for-profit Catholic university to be the exclusive developer of the park, which has received governmental endorsement at national, state and municipal levels.

The park will be located on the university’s campus in Pilar, which is located 40 minutes from the Buenos Aires CBD. The campus has a Biomedic Sciences program, a highly regarded business school and a brand new hospital.

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