Massachusetts Biomedical Initiatives has been successful enough helping to launch biotech startups it has run into about as good of a problem as it could have: It has run out of place. Now, MBI is deep into construction just down the street from its original location in Worcester's Gateway Park.
Three decades after its predecessor began operations in Worcester, drugmaker AbbVie has filled its 400,000-square-foot building on Belmont Street — and most of two smaller buildings in the UMass Medicine Science Park. Now it's looking for more expansion.
Nine development-ready sites at a planned Worcester biomedical office park have begun, as the property's owner has secured financing for preparation efforts.