University of Kentucky P3 closes without response

A P3 proposal to design, build, finance, operate and maintain an office and wet laboratory incubator building at the University of Kentucky’s Coldstream Research Campus in Lexington closed recently without receiving responses from potential partners. According to P3KY media partner P3 Bulletin, the university has not determined how it will proceed with the proposal it issued in December.

As P3KY previously reported, UK issued the RFP after receiving an unsolicited proposal for a public-private partnership on the university’s Coldstream Research Campus. The proposal called for a 40,000-square-foot office and wet laboratory incubator building. This new facility would contain labs and office space.

The Coldstream Research Campus is home to over 50 companies and organizations. More than 2,100 employees work on the 735-acre campus in various research fields that include agricultural biotechnology, pharmaceuticals, equine health, engineering technology, pharmaceutical manufacturing, software and information technology.