Milestone Innovation Center
Update
11/01/21
470K SF Office/R&D Development Under Review in Germantown
Plans are under review for the approximately 470,000 square feet of office and research & development uses in three buildings to replace previously approved residential and retail uses for a total of 1,125,000 square feet of commercial development within the Milestone Innovation Center in Germantown. “This is not a simple rebranding or office conversion,” said Mark Matan of the Matan Companies. “We are going to deliver three, next-generation biomanufacturing and research buildings. Milestone already consists of 40% research, development, and tech manufacturing users, so this is a natural evolution. The existing Class A office space will allow for co-location of collaborative, synergistic users to support the research, production, supply-chain, technological needs, and administrative support of the rapidly evolving life sciences industry”. The project is expected to break ground in early 2022.
