AbSci to jump the river


Biotech company will move into space previously occupied by a Red Lion hotel in Vancouver.

Share this article!

BY JACOB PALMER | DIGITAL NEWS EDITOR

Biotech company will move into space previously occupied by a Red Lion hotel in Vancouver.

AbSci has agreed to lease terms to move across the Columbia River to the state of Washington.

The port will renovate a portion of the hotel into the first dedicated life sciences technology lab space in southwest Washington, allowing AbSci to expand while also increasing the region’s ability to attract additional companies in this sector. The revamped office and lab space that AbSci will occupy will be named the Columbia River Life Sciences Technology Building.

Bringing AbSci to the property was a collaborative effort between the Columbia River Economic Development Council, Governor Jay Inslee’s Strategic Reserve Fund and the port. State Sen. Annette Cleveland helped secure a grant from the governor’s fund to make the project possible.

(SOURCE: Portland Business Journal)

“This kind of bold step forward is good news for our state, for our community, and for this region,” Cleveland said in a news release. “I’m also excited to see a building that has been such a notable part of Vancouver’s past being repurposed to play a key role in our future.”

RELATED NEWS: Port of Vancouver project forces Red Lion to shutBetting on biotech

 


Published in Categories News