Fitzsimons Redevelopment Authority Opens New Accelerator Facility, Significantly Expanding Capabilities at its Bioscience Park Center in the Fitzsimons Life Science District

AURORA, Colo., Aug. 22, 2012 /PRNewswire/ -- Fitzsimons Redevelopment Authority (FRA) officially opens its new $8 million, 37,000 square-foot Accelerator Building today, adjacent to its original Incubator Building at the Bioscience Park Center (BCP) in the Fitzsimons Life Science District. The announcement is made by Steve VanNurden, FRA President & CEO, who says, "The addition of this Accelerator will offer companies growing in the Incubator an opportunity to expand and continue their expansion nearby."

The FRA's original Incubator Building opened in 2000 and now houses 35 companies in different stages of development.  The expansion will enable companies to move into larger, long-term space. 

"The Bioscience Park Center is designed to foster a collaborative environment—by having established companies in close proximity to incubator startups—further promoting an essential atmosphere that makes the Fitzsimons Life Science District an important hub in the overall growth of Colorado's bioscience industry," VanNurden explains. "Companies relocating to the Accelerator include: Mitomics, Touch of Life Technologies, LightLabs and Greffex."

Concurrent with the Accelerator's completion, Jones Lang LaSalle (JLL) has been retained by the FRA to market its new facility adjacent to the Business Incubator.

About FRA President/CEO Steve VanNurden

Following an extensive national search, Fitzsimons Redevelopment Authority (FRA) named Steve VanNurden as its new President and Chief Executive Officer, in March 2012. He took over the office in late May. The appointment of VanNurden is further evidence of the FRA's continued commitment to support the development of life science companies in Colorado in partnership with the State's research institutions. VanNurden came to the FRA from Mayo Clinic Ventures, the invention arm for Mayo Clinic.

About Fitzsimons Redevelopment Authority

The FRA directs the commercial developments in the Fitzsimons Life Science District, along with its partner, Forest City Science + Technology Group. Aurora's Fitzsimons Life Science District is becoming what its founders envisioned: a functioning community that directly supports the health and well-being of life science companies. Visit: http://www.fitzscience.com.

SOURCE Fitzsimons Redevelopment Authority