The University of Miami Medical School has long been performing cutting-edge research in the Miami area. Now it aims to bring much more research this way.
They plan to build a brand new clinical research center in downtown Miami. New buildings will be constructed close to other medical facilities already in the area. The hope is that by clustering medical facilities together the area will become a health district of sorts.
UM has nearly completed its Clinical Research Institute and started construction on the Biomedical Research Institute. Over the next five years, it plans to complete a hospital and a large parking garage. The four projects are expected to create about 1,000 new jobs with an average annual salary of more than $60,000.
After that, UM plans a massive Bioscience Center and three lab research sites proposed to deliver about 5,000 jobs. The Bioscience Center deal depends on a land swap with the Camillus House homeless shelter that requires government approval. The shelter intends to move next door to the UM facility.
The facilities will be close to Cedars Medical Center and Jackson Memorial Hospital. I sincerely hope that this brings more high-paying jobs into this area. Now that the housing market is not doing as well, I fear the economy here will continue to slow down. Research may be just what the doctor ordered.