Look out, Boston. The future looks bright for continued growth. The University's planned investments in science facilities, including the major new Congress Avenue Building at the School of Medicine, will ensure that Yale faculty and staff have the highest-quality facilities for their research. At the same time, the State has stepped up support for biotechnology. There is new investment in facilities such as Science Park, where a number of Yale faculty and staff have helped start new ventures.
Private investors recognize the reality and potential of New Haven.
Venture capital firms have made significant commitments. Real estate developers have begun to take note too, developing facilities in New Haven near the medical center and elsewhere in the region. These developments build on our region's existing strengths. All of these factors contribute to a dynamic reality and great future potential. So it's actually no surprise that the Wall Street Journal and other outside observers tout New Haven as a hot place for economic development.