The Pinkney Innovation Complex for Science and Technology (PIC MC) signed a development agreement today to add a state-of-the-art life sciences office building to the Montgomery College Germantown Campus.
19710 Observation Drive, LLC, a joint venture between Rockville-based, South Duvall and Germantown-based Minkoff Development, will build a $40 million facility on a 5.67-acre parcel at 19710 Observation Drive in Germantown. The 120,000 square foot building will include lab, office, manufacturing and distribution space aimed at companies focused on areas such as biotech, life sciences and cybersecurity.
“We are so excited to have aligned with such an experienced team to continue to build out our vision for the Germantown Campus,” said Martha Schoonmaker, executive director of PIC MC. “This new life sciences building will allow us to offer our students real-world access through partnerships and internships.”