Overview

New York City Economic Development Corporation (NYCEDC) announced Skanska as the construction management firm to oversee the construction of the first phase of the Science Park and Research Campus (SPARC) Kips Bay project, a first-of-its-kind life sciences innovation, career, and education hub that will further anchor the life sciences industry in New York City. Construction is expected to begin at the end of 2025 and is anticipated to be completed in 2031. SPARC Kips Bay, a joint New York City and New York State funded project with a $1.6 billion public investment, will transform Hunter College’s Brookdale School of Nursing Campus into nearly two million square feet of brand new state-of-the-art academic, healthcare, and life sciences space.