The University of Maryland, Baltimore (UMB) and Wexford Science & Technology LLC, Friday celebrated the groundbreaking of the 4MLK Project at the University of Maryland BioPark.

The 8-story, 250,000-square-foot building, Phase I of a two-phase project representing a $320 million total capital investment, will provide critical wet laboratory space in downtown Baltimore for researchers and companies, flexible lab and office/support space for startups and Class A office space, along with areas for convening and a conference center.

Phase I is scheduled for delivery in 2024. Phase II will add a second 250,000-square-foot lab/office building.

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