The Ohio State University Board of Trustees on Thursday approved a plan to develop a Commercialization and Entrepreneurship Center in the Carmenton district.
The building will be located near the Pelotonia Research Center and Energy Advancement and Innovation Center. SciTech, an affiliated real estate entity of the university, will develop the five-story, approximately 120,000-square-foot multitenant building supporting research and technology uses.
The Center for Software Innovation, announced last year as part of a historic $110 million gift from entrepreneur and investor Ratmir Timashev, will occupy 38,000 square feet in the top two floors.
The Commercialization and Entrepreneurship Center “maintains momentum in the innovation district,” Amanda Hoffsis, vice president of planning, architecture and real estate, told trustees of the Master Planning and Facilities committee on Thursday.
Carmenton is home to more than $900 million of public and private support and more than 350 acres of land re-imagined for development, which includes:
- The Pelotonia Research Center, a state-of-the-art laboratory building where researchers collaborate across disciplines.
- The James Outpatient Care, which houses Central Ohio’s first proton therapy treatment, in partnership with Nationwide Children’s Hospital.
- The Energy Advancement and Innovation Center, dedicated to bringing smart and sustainable energy systems research and other innovations to market, in partnership with ENGIE.