Cost: $27.6 million
BCCC NMTC allocation: $9 million
Sponsor: Medical Center of the Americas Foundation
Investor: Capital One
Location: El Paso County, TX
Description: The Medical Center of the Americas Tech Park project (MCA) consists of a 60,000 square foot life sciences and research facility which includes 39,830 square feet of office area and 8,621 of wet and dry labs. The City of El Paso has identified biotech as a key industry in the City’s redevelopment and growth strategy and MCA is the initial investment by the City in this strategy. It is the goal of the MCA project to create a new economic engine and introduce a new industry to El Paso and create a hub for an early stage biomedical cluster anchoring a much larger biotech park.