OSHTEMO TOWNSHIP, Mich. (WOOD) — A major development initiative at Western Michigan University is one step closer to becoming a reality thanks to a $2.1 million federal grant.
The university will begin development of Business Technology and Research Park 2 within the next few months, according to a Tuesday release. A grant from the U.S. Economic Development Administration helped speed up the timetable.
The grant will fund roads and utilities at the new 55-acre park, which will be north of Parkview Avenue between US-131 and Drake Road just outside of Kalamazoo.
The development, which has been in the works for about three years, will add to the university’s current Business Technology and Research Park. The current park is a 256-acre complex that’s home to about 40 companies employing some 850 people, including 100 WMU graduates. WMU students also take internships at those companies.
The new park is expected to attract additional employers and create more jobs.
Initial site work will go up for bid in early 2019, with work expected to begin at some point in the first quarter.