Community Benefits

The research and development laboratory and office building on Green St. will help activate Pasadena's vision to be a hub for innovation, providing local benefits of economic development and career growth.

In this building, research advances will transform into solutions: products, treatments, technologies, and services that improve people's lives.

The building will provide facilities needed to support new R&D companies as they grow, keeping these businesses local. They in turn will nurture development of a cluster of talent and professional expertise in the area.

While Caltech faculty have spun off hundreds of businesses since 1990, many of these faculty spin-offs were required to move to more established hubs, such as San Diego and San Francisco, to get the mix of office and laboratory space they need. When they leave, they take private investment dollars and high-quality jobs with them. However, when they put down roots here in Pasadena, faculty businesses typically build and renovate locally rather than move away as they grow.

Caltech and Pasadena City College (PCC) equip graduates to work in the life sciences and other technical fields. The workforce is here; we can provide Pasadena talent with rewarding careers.