McMaster Innovation Park acquires Hamilton Spectator building

The Hamilton Spectator building will soon become a hub for emerging life sciences companies.
McMaster Innovation Park is the new owner of The Spectator building at 44 Frid St., the newspaper’s home since 1976.
MIP plans to convert the building into a state-of-the-art hub complete with labs and office space for emerging life sciences companies.
The redeveloped Spectator building will be part of a growing MIP campus that will eventually take up much of the property between Frid Street, Highway 403 and Aberdeen Avenue.
When it’s completed, the MIP campus will employ 5,000 people and span 2.5 million square feet of space, about the same as downtown Toronto’s First Canadian Place skyscraper.
|