The University of Michigan has taken a critical step in advancing our work in health, biomedical sciences and other disciplines with today’s decision by the Board of Regents to purchase the former campus of Pfizer Inc. in northeastern Ann Arbor.
This acquisition of the 174-acre site, adjacent to North Campus, includes 30 laboratory and administrative buildings, with nearly 2 million square feet of space, as well as amenities and open land. More importantly, this is a bold commitment by the University to invest in research that will benefit our community, our state and beyond.
We anticipate this acquisition will create 2,000 jobs over the next decade, and we are excited about the possibilities before us. We are increasing our capacity to contribute as one of the great research universities, while creating jobs that ensure our region’s intellectual and economic vitality.
Ever since Pfizer pulled out of Ann Arbor I wondered what would happen to the HUGE complex they had.
Woot, proud to be a U of M employee.
