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  #521  
Old Posted Dec 19, 2017, 7:24 PM
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Originally Posted by drpgq View Post
Pretty slow progress at getting private sector tenants after all these years and money.
MIP is kinda in a location that is fairly disconnected from both the main McMaster campus and downtown Hamilton. I think once LRT goes in (the maintenance facility will be across the street with a station at Main and Longwood) space should start filling up and we'll see new buildings constructed.
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  #522  
Old Posted Jan 3, 2018, 3:45 AM
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Founding CEO of Mac Innovation Park retiring

02 January 2018 by Mark McNeil Hamilton Spectator

Is growing berries easier than growing businesses?

Someday Zach Douglas will be able to answer that question after he establishes his new Saskatoon berry hobby orchard in Prince Edward County next year.

The 66-year-old founding CEO of the McMaster Innovation Park — a 12-year-old effort to commercialize research and jump-start new companies — officially retired Tuesday.

Douglas came to Hamilton in 2006, after heading the Saskatchewan Opportunities Corp., a Crown corporation that, among other things, ran a couple of research parks in that province.

His task here was to lay the groundwork for transforming former Camco lands off Longwood Road into a vibrant research park that would foster and commercialize research at McMaster University.

The lands had been purchased by McMaster in 2005 for $13 million. The province kicked in $10 million and the city another $5 million to help the park get established.

The idea had a neat symmetry to it. MIP, as it came to be known, was an opportunity for Hamilton to step beyond its factory-based past and stake out new territory as a centre of research and development.

One personal goal, Douglas said, was for the park to employ as many people as Camco had in its closing months of operation.

That milestone has been achieved, with an estimated 800 people currently working at the park, about the same as were at the fridge and stove manufacturer when the company shut down in December 2004.

Most visible today are the refurbished or new buildings on the property — the Atrium building where Camco offices used to be, CanMet, the McMaster Automotive Research Centre and the soon-to-officially open BEAM-FraunhoferCentre for Biomedical Engineering and Advanced Manufacturing.

In addition, a consortium of Toronto-based developers recently announced plans for a $20-million, 134-unit hotel in the park.

New companies have formed including Apollonia Health, that makes oral hygiene products (that recently sold for $2 million U.S.); Nix Sensor, a technology that senses shades of colours so paints can be replicated, and NuGeneris Specialty Pharmaceuticals, which develops numerous drugs.

"I don't think it is bragging too much to say these last few years have seen a number of companies incubated here and starting to thrive and prosper. It's become more than just being a place for research. We truly have become a centre of innovation and commercialization," says Douglas.

Hamilton's Mayor Fred Eisenberger agrees. "It is coming to fruition very nicely ... In my view, it has happened quicker than I would have expected.

"It's a critical part of the continued diversification of our economy. The collaboration we see today between McMaster and Mohawk, Redeemer and Hamilton Health Sciences is really the foundation of the future success of the city of Hamilton. Zach has done a great job of moving it forward and fulfilling the vision," said Eisenberger.

Nick Markettos, McMaster's assistant vice-president of research, will fill in as interim CEO until a permanent replacement is found for Douglas, likely five to six months from now.

Glen Norton, the city's head of economic development, says he believes the park is entering a new phase in its development.

"Zach has been instrumental in getting McMaster Innovation Park up and running and positioned for its next growth spurt which we anticipate will come very soon," he said.

For his part, Douglas says, things got off to a bit of slow start because of cheap rent and large availability of office space in Hamilton. It kept lease prices low to a point that newly built facilities could not compete.

But in recent years the climate has changed, making new construction more viable.

Park officials hope that climate will continue, setting the stage for construction of the long awaited 100,000-square-foot Emerging Technologies Centre at the corner of Frid Street and Longwood Road.

Douglas says he will be watching developments at MIP closely from his lakefront hobby farm in Prince Edward County. He'll keep a house in Hamilton but plans to spend most of his time at the hobby farm.

"I'm going to try to do something that I feel was incomplete from my time living in Saskatchewan," he says.

Back in his days with the Saskatchewan Opportunities Corp., 15 years ago, he started a berry operation on the side using seedlings sold by one of the tenants of a research park he ran. But before he could manage his first harvest, he was off to Hamilton.

Now he wants to rekindle that dream and be one of a few Saskatoon berry orchards in Ontario. He says the berries are extremely tasty, slightly larger and plumper than blueberries.

"This is where the experimental nature of what I am doing comes in. The berries need winters to be very cold. In a different province and with global warming you really don't know what to expect."

But Douglas says he likes a challenge, whether it's growing businesses, or growing berries. And he realizes that — like research parks — berry orchards take several years to bear fruit.

mmcneil@thespec.com

905-526-4687 | @Markatthespec

https://www.thespec.com/news-story/8...park-retiring/
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  #523  
Old Posted Mar 7, 2018, 1:59 PM
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$33-million biomedical research centre opens at innovation park
McMaster and city partnership with German research organization is expected to have huge payoffs in the end.

https://www.thespec.com/news-story/8...novation-park/

McMaster Innovation Park will be taking a big step forward Wednesday with the official opening of a $33-million biomedical research centre in partnership with a giant German applied research organization.

The Fraunhofer Project Centre for Biomedical Engineering and Advanced Manufacturing (BEAM) goes to the heart of why the innovation park was established 12 years ago. It's goal is to find ways to commercialize applied science research, something that takes many years but can have huge payoffs in the end.

A delegation of officials from McMaster University and Fraunhofer along with Hamilton Mayor Fred Eisenberger and city economic development director Glen Norton met with The Spectator's editorial Board Tuesday in advance of the official opening ceremony Wednesday. The project was first floated to the city four years ago.

John Brennan, the director of the Biointerfaces Institute at McMaster, says so much university research never realizes its potential because it doesn't make the transition over the "valley of death" between discovery and commercialization.

The centre has plans to bring together researchers from science, health sciences and engineering with dozens of industry partners to develop innovative medical technologies for biomarker discovery, point-of-care diagnostics, biomaterials and automating cell therapy production for cancer treatment.

The $33-million, state-of-the-art facility — with access to 16,000 square feet of laboratory space and 4,000 square feet of office/meeting room space — is located at the southwest corner of the innovation park and is expected to eventually create 75 highly skilled jobs.

The BEAM centre is especially interesting in that the university has partnered with an offshoot of the giant Fraunhofer-Gesellschaft, a leading organization for applied research in Europe. More than 25,000 people work for the firm that has an annual research budget of 2.3 billion euros.

Fraunhofer began in 1949 as part of the effort to rebuild Germany after the Second World War, and it spread around the world from there.

"We really think it is going to help to raise McMaster's profile ... partnering with Fraunhofer is a big feather in our cap," said Rob Baker, vice-president of research at McMaster University.

The new centre was financed by $12 million from the federal government with another $4 million each from the province and the City of Hamilton. Fraunhofer put up $3.4 million with McMaster paying for the rest.

Frank Emmrich, director of the Fraunhofer Institute for Cell Therapy and Immunology, said the challenge of life science product development is that it can take 10 to 15 years. One of the reasons Fraunhofer wants to become partners in North American centres is because "there is a much more open attitude toward financing life sciences in North America than in Europe."

Norton said the city hopes the centre will encourage biomedical companies to move to Hamilton to take advantage of the centre's technology and expertise.

"We see this as a great opportunity to grab those kinds of companies that will be growing in the future and offering great jobs. It is a lot easier to attract a company when Franhoufer is already here than if we have to start cold."

Eisenberger said: "Pittsburgh has thrived on this very model, using research to create a platform for future employment."

Fraunhofer's Friedemann Horn says it is an exciting time for the kind of research and product development that will take place at the centre. Humankind is in the midst of a "biological revolution over the last 10 years. After sequencing the human genome, it has turned out that life is much more complex and in the last 10 years we have gained extraordinary knowledge on the complexity of life."
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  #524  
Old Posted Mar 7, 2018, 5:02 PM
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I feel like they keep announcing the same thing over and over. Maybe I should get out there and see MIP. But you know anytime Fred can go to a ribbon cutting like he made it happen--our very own local Trudeau--he's there.

What I see from the highway looks just the same as the Camco days, but worse they have the cheapest, cheeziest, vinyl, used-car-dealer, banner sign on the Camco Head Office. 'McMaster Innovation Park', as if that's supposed to mean something to drivers.
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  #525  
Old Posted Mar 7, 2018, 8:18 PM
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I remember when I boomeranged to Hamilton there were the Vranich plans underway, a whole bunch of dreaming (Stinson, Mercanti, NHL), and the MIP which was supposed to be a catalyst after there was that threat to build a power centre. Not so much has happened since, aside from probably ten thousand conferences on nurturing tech start-ups.
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  #526  
Old Posted Mar 7, 2018, 9:04 PM
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Yeah MIP has been a lot of smoke and not a lot of fire. Part of the problem is that with all the money they spent on the relatively fancy renovations, they have to charge a premium on office space there. Any startup with a brain isn't going to waste money on that, especially with the big surplus of cheap office space downtown. Plus you're downtown. MIP isn't near anything for lunch.
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  #527  
Old Posted Mar 7, 2018, 11:37 PM
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Attempting to negotiate various levels of government, university bureaucracy, private companies...forget about it. I mean, innovation and government are definite oxymorons and anyone with any sense will steer clear of it. Too bad because it's a noble pursuit.
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  #528  
Old Posted Apr 18, 2018, 12:39 AM
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MCMASTER UNIVERSITY, INNOVATION PARK OFFICE BUILDING, CORA GROUP, Hamilton ON
Source: http://neoarchitecture.ca/our-work/
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  #529  
Old Posted Apr 18, 2018, 12:56 AM
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This is being built on the south side of Frid Street across form the Canmet building. It is being privately financed with part of the building being retained by the company financing the building and the rest to MIP.
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  #530  
Old Posted Apr 18, 2018, 1:05 AM
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This is being built on the south side of Frid Street across form the Canmet building. It is being privately financed with part of the building being retained by the company financing the building and the rest to MIP.
Cool! Looks like Cora has built a lot of the new tech offices in and around the Waterloo area. Any idea when they plan to begin construction? The site is in a pretty rough state right now.
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  #531  
Old Posted Apr 18, 2018, 2:07 PM
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Cool! Looks like Cora has built a lot of the new tech offices in and around the Waterloo area. Any idea when they plan to begin construction? The site is in a pretty rough state right now.
As in all their delays like the hotel, it's the city that holds up the building permits.

Last edited by LikeHamilton; Apr 20, 2018 at 3:28 PM.
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  #532  
Old Posted Aug 29, 2018, 12:31 AM
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TY SHATTUCK ANNOUNCED AS NEW CEO OF MIP


Ty Shattuck, business leader and technology expert, has been appointed as CEO of the McMaster Innovation Park (MIP).

It’s a homecoming for Shattuck who, as Chief Operating Officer for Trivaris Ltd – MIP’s founding tenant – spent nearly four years at the Park, guiding start-ups and early stage technology companies to commercialization, and watching the Park grow from its early beginnings.

“Ty is the perfect fit for the CEO position,” says Karen Mossman, acting chair of MIP’s board of directors, who is also McMaster University’s acting vice-president of research. “He’s a visionary, whose experience – both on the business and technology sides – combined with his proven leadership, strong interpersonal skills, and his capacity to embrace new ideas, will ensure we build on the momentum and reputation the Park has developed over the last decade.”

For Shattuck, who begins his new role September 4, 2018, it’s an exciting opportunity to realize the vision of MIP and its role in developing the regional economy.

Shattuck says that MIP already plays an integral part in the City’s and broader region’s ability to develop and diversify its economy, but he’s eager to capitalize on additional opportunities that will advance innovation and commercialization now that the Park, which opened in 2006, is firmly established.

“The phrase that seems to have emerged is MIP 2.0,” he says, likening the Park to a soundly built ship and crew that’s ready to sail. The key now is to set a course and sail it toward its intended destination, which in this case is a world-class center for commercialization.

“There’s a decade of success – the Atrium, new buildings, successful tenants – that speaks for itself. Now that all of the infrastructure is in place, we are positioned to focus on our mission with a commitment to technology commercialization.”

While he plans to spend the first several months “learning from and listening to” those who have been involved with MIP and those who have found success at other innovation parks – provincially, nationally, and globally – he recognizes the need to tap more deeply into the wealth of talent at McMaster University and its partner hospitals.

“We need to help researchers, students and innovators bridge the gap between nascent technology and commercialized product. And therein lies the mission of the Park – to bring together all the right players, the right mix of talent, and the right regulatory and financial bodies to cross the chasm from idea to reality. We want to keep enabling start-ups, but we also need to attract scale-ups that already have the means to bring technologies to the market.”

And he knows of what he speaks, having spent his career at the intersection of technology and business design. Shattuck has held a series of senior leadership roles with a focus on technology commercialization and investment in the digital, aerospace, and venture capital industries, including stints at Eagle Aerospace, Aethon Technologies (originally named 6Imaging LLC), PV Labs, Trivaris Ltd., and L3 Technologies – Wescam.

This experience has given him a passion for, and deep understanding of, starting, managing, financing, and growing companies within emerging markets. A self-proclaimed technology geek, Shattuck leverages his ability to envision the potential of new ideas, along with his strong bias for pragmatism, to help inventors, researchers, entrepreneurs, and high-technology organizations, transform their innovative ideas into a profitable business reality.

As a Professional Engineer, former Adjunct Professor at OCAD University, past Chair of Mohawk College’s Board of Governors, and a former RCAF officer, Shattuck is well known within the GTHA area for his business acumen and community leadership. He was awarded “Engineer of the Year” from The Ontario Society for Professional Engineers in 2010. The following year, Profit Magazine named PV Labs as one of “Canada’s Top 200 Fastest Growing Companies,” and in 2012, the company received an Academy Award under his leadership.

Shattuck takes over from Nick Markettos, McMaster’s assistant vice-president, research, innovation and partnerships, who has served as Interim CEO since Zach Douglas, MIP’s first President & CEO, retired at the end of 2017.

https://mcmasterinnovationpark.ca/bl...new-ceo-of-mip
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  #533  
Old Posted Oct 18, 2018, 7:24 PM
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3 updates for MIP
  1. They have the go ahead for the space between the MARC building and the Fraunhofer Institute for Cell Therapy and Immunology to be developed. It will be for general research and is funded by the university. It is the last part of the old warehouse.

  2. Emerging Technology Centre (ETC) This building is going at the corner of Longwood and Frid Street. It has been approved by MIP’s board. It is being totally funded and built by an outside developer, The Cora Group Inc. The Cora Group is a premier developer and manager of Class A office space in the Waterloo Region. After it is finished, they will keep one floor for a client they have and lease back the rest of the building to MIP. This developer has done several building for the University of Waterloo the same way and are ready to go when the permits are given.

    Quote:
    The Emerging Technology Centre (ETC) is a project in development at McMaster Innovation Park. This new, 80,000 square foot built-to-suit, state of the art facility will attract researchers from all over the world to collaborate with McMaster University. The ETC will feature:
    • 40,000 ft2 of lab space
    • 5,000 ft2 of lab incubator space
    • Atrium area designed for researchers to meet and collaborate

    The building focuses on the research and emerging technology and will be a great addition to the innovation park.
  3. The Hyatt Hotel is still being build but the holdup was the LRT project. The line is being moved from Frid Street to the north side of the Atrium building. The hotel is being moved to the west side of Longwood across from the Atrium building next to the bridge. They hope to start it as soon as new permits are issued.
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  #534  
Old Posted Oct 19, 2018, 2:58 PM
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awesome news. development at the MIP had gone stale for a while
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  #535  
Old Posted Oct 19, 2018, 4:28 PM
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Is there any update on when Frid street will go through to the MIP?
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  #536  
Old Posted Oct 19, 2018, 8:02 PM
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This is good news! Hopefully when these buildings are finished there are some improvements made to the public realm surrounding them and the atrium. I'd like to see some better landscaping and more trees at MIP.
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  #537  
Old Posted Oct 24, 2018, 3:41 AM
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Is there any update on when Frid street will go through to the MIP?
The Samee property that is needed to complete the two Frid Street is expected to close in March. MIP owns both sides of the Samee property except what the city kept for road allowances. One of the items that did not come out in the LRT debate was that Metrolinx will be paying for most of the work on Frid Street (road, water, sewer etc.) and not the city and MIP, thus saving both millions of dollars that can be used for other projects.

Metrolinx stopped a few months ago working on land deals. Apparently they were calling property owners today staring up negotiations.
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  #538  
Old Posted Oct 24, 2018, 9:20 PM
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The Samee property that is needed to complete the two Frid Street is expected to close in March. MIP owns both sides of the Samee property except what the city kept for road allowances. One of the items that did not come out in the LRT debate was that Metrolinx will be paying for most of the work on Frid Street (road, water, sewer etc.) and not the city and MIP, thus saving both millions of dollars that can be used for other projects.

Metrolinx stopped a few months ago working on land deals. Apparently they were calling property owners today staring up negotiations.
Interesting, would be great if Metrolinx picked up the tab.
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  #539  
Old Posted Oct 25, 2018, 6:51 PM
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Metrolinx stopped a few months ago working on land deals. Apparently they were calling property owners today staring up negotiations.
Well that's a good sign.
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  #540  
Old Posted Dec 13, 2018, 6:13 PM
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December 13, 2018

MIP Press Release

McMaster Innovation Park (MIP) and Equal Parts Hospitality (EPH) announced today that they have reached an agreement to develop and enhance the amenity offerings at the research park, based upon a “Made in Hamilton” cultural arts, entertainment, food and beverage theme.

The first of these is envisioned to be an outdoor beer garden opening late spring 2019 in the MIP courtyard. “MIP is all about innovation, and we are very excited to be working with park management to bring new and innovative food service and hospitality concepts to the park” said Jason Cassis, Co-CEO of Equal Parts Hospitality.

“In my first 100 days as CEO of MIP, our member companies made clear to me that they are looking for improved amenities and more engaging places to meet, connect and collaborate. I listened and so MIP management has partnered with Equal Parts Hospitality to help develop the courtyard with unique ‘Made in Hamilton’ cultural attractions including art, music, food and beverage offerings. “The idea is to create ‘collision spaces’ - inviting spaces and programming where researchers, designers, business leaders, financiers, artists and the broader community can meet and hopefully advance ideas toward business reality” said Ty J. Shattuck discussing the new MOU and its first initiative.

Cassis added “We are going to stoke the fire of what is already a thriving food industry in Hamilton and transform the park into a place where innovation in technology intersects with innovation in hospitality and creative arts. The ability for entrepreneurial-minded hospitality companies to come to life within an eventual test kitchen will not only add value to the community, but also to those who work or visit the park."

The first initiative – a beer garden, located within the two-acre courtyard beside MIP’s central building, The Atrium @ MIP, will be innovative in its construction as well as purpose. It is envisioned to be built partly out of shipping containers and will include food stalls, a beer garden and expanded patio area. Included will be a presentation stage that will permit programming of innovation-themed music, arts and cultural events in the space.

The new beer garden is planned to be operated by EPH and will be open to the general public as well.

https://scontent-yyz1-1.xx.fbcdn.net...90&oe=5CA119AB
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