TGen to buy downtown Phoenix research building from city

By Brenna Goth | The Republic

The genomic research center will buy the city-owned building after an earlier deal fell through.

TGen will purchase the namesake research tower Phoenix built for the organization more than a decade ago, after a deal between the city and another buyer fell through last year.

The Phoenix City Council on Wednesday unanimously approved selling the downtown building to the Translational Genomics Research Institute, or TGen, with no discussion. The city constructed the $52 million, six-story building in 2004 to anchor the downtown Phoenix Biomedical Campus, according to Phoenix Community and Economic Development Director Christine Mackay.

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March 23, 2017

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TGen to buy downtown Phoenix research building from city

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