The Long Island City Partnership has retained the services of East Egg Project Management to help develop a plan that will create a life sciences cluster in LIC.
LICP is aiming to attract emerging and established businesses across the life sciences sector.
The partnership was awarded a grant in December 2017 by the State’s New York City Regional Economic Development Council and Empire State Development to fund a portion of this effort.
In addition, the NYC Economic Development Corporation’s current request for expressions of interests (RFEI) for an Applied Life Sciences Hub specifically references LIC as a potential location.
The Partnership’s strategic business plan will be based on a feasibility analysis and present a tactical outline of required steps for catalyzing and fostering a self-sustaining life sciences cluster in the western Queens neighborhood.
The Partnership will hold an information session and tour on Thursday, March 29 for companies interested in responding to the RFEI or doing a project in LIC.
Yasmeen Ahmed Pattie, principal at East Egg Project Management, said, “New York has been talking about the sector in this part of the city for years. It finally seems that all the right factors – City and State initiatives, transit improvements and real estate market conditions – are coming together. The findings of this study will help LIC take a major step forward.”