$344 million expansion for MaRS in Toronto to create 4,000 jobs
Ontario’s Research and Innovation Minister Glen Murray has announced the MaRS science complex in Toronto will double in size after a $344.5 million expansion. Hailing “some very creative leasing and financing arrangements with the private sector,” the minister said the 20-storey addition will create 4,000 construction jobs and enlarge MaRS to 1.5 million sq. ft. of offices and laboratories. The addition, which should be completed by fall 2013, will house the Ontario Institute for Cancer Research and Public Health Ontario’s central lab, which prevents and controls infectious diseases.
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