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Minnesota’s medical-technology (medtech) industry is broadening, bringing with it new real estate opportunities and challenges.
Panelists discussed the industry during a virtual event the Minnesota Commercial Real Estate Women, a local business network, held Wednesday. They identified an expanding need for coworking and shared lab spaces as companies continue with hybrid work models, as well as a need for new types of amenities medtech companies demand all of which could change the business models of commercial real estate companies.
Minnesota’s two fastest growing industries are bioscience and manufacturing. “And medtech fits right squarely into those two categories,” said Terri Ulrick, a principal and director with St. Paul architect firm BWBR.
Beyond the Skyline is a podcast about economic development, commercial real estate and construction in Minnesota. Above all, it’s a show about what’s next, creativity and the innovation in technology that are changing how we work and shaping the future of business throughout our state.
Elevating and expanding diversity, equality and inclusion (DE&I) efforts is gaining prominence for many organizations, including those in Minnesota’s Medical Alley.
Medical Alley companies are not only undertaking internal DE&I reflection and initiatives, but they’re also looking externally to help their communities achieve better equities in health. To ensure this DE&I work is successful and meaningful, Alexis Kochanski, of the Medical Alley Association, says employees at all levels must buy in to the work.
Q&A: Medical Alley Association promotes diversity buy-in finance-commerce.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finance-commerce.com Daily Mail and Mail on Sunday newspapers.