St. Sebastian Health Sciences Park
Market Creation Project - St. Sebastian Health Sciences Park
This new park is meant to be a catalyst for the entire region by joining with the health sciences community. The park will not only bring jobs to the Westobou Urban Area, but would be a cutting edge, nationally significant, mixed-use health sciences park in this area between the present hospitals and doctor offices and the downtown core.
Members of the Medical/Health Sciences District Implementation Team made a trip to Raleigh/Durham, North Carolina in November 2011 to discuss how the Nationally renowned Research Triangle Park had become such a powerhouse of innovative development. The lessons learned from this trip are being put to use in Augusta.
Market Creation Projects are high impact initiatives that can set a new direction for an area. Market Creation Projects are typically located adjacent to key resources and attributes such as water, transportation corridors, historical settings and cultural venues. The projects are aimed to make large and positive impacts on their areas.
The Big Idea: Reinforce the connection of the medical district with the downtown with a new high-tech campus along the new St. Sebastian Way.
Cost: $500 million private/non-profit, $38 million public
Details: Develop 500,000 square feet of research, manufacturing and office space. Build 600-space parking facility. Reconfigure Calhoun Expressway to end at 15th Street. Create park on Third Level Canal near 13th Street.
Time: 10 to 15 years
Champions: City of Augusta, Georgia Health Sciences University
For a larger view click on the images below.