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President Price Helps Open Renovated Chesterfield Building for Life Science Research

Duke's lease expands university investment in Durham downtown

In remarks at the Chesterfield, President Vince Price outlined the value of Duke's investment in the Durham downtown.
In remarks at the Chesterfield, President Vince Price outlined the value of Duke's investment in the Durham downtown. Photo copyright by f8 Photo Studios

The next large step in Duke and Durham鈥檚 partnership for growing research in the life sciences and technology officially opened this week.

At a ceremony reopening the , a 286,000-square foot property on Main Street originally built for the manufacturing of Leggett & Myers cigarettes, Duke President Vince Price joined city and business leaders celebrating the building鈥檚 conversion into a modern facility focusing on life science research that is likely to produce new products that can directly benefit society.

Duke is an institutional sponsor of the renovation process and is leasing about 100,000 square feet in the building for research labs. Several Duke labs have already made the transition to the building.

Duke President Vince Price with former Durham City Councilwoman Cora Cole-McFadeen 鈥淭his historic building, which stood vacant and menacing for decades, today anchors a thriving innovation and bioengineering community in the heart of Durham,鈥 Price said at the ceremony.  鈥淭he research that goes on here 鈥 in the very real estate that once housed the tobacco companies that drove Durham鈥檚 first economic boom 鈥 is already helping to revitalize the region and improve or save countless lives.

鈥淚 am very proud that Duke has been a partner and a catalyst in the development of downtown Durham from the beginning, thanks to the visionary leadership of Tallman Trask and Scott Selig,鈥 Price said. 鈥淲e recognize that our location is one of our great advantages 鈥 the resurgence of Durham has allowed us to forge new partnerships with private sector and non-profit research organizations, partnerships that are providing new pathways to commercialization for Duke researchers and faculty.鈥

The Duke investment in the Chesterfield is part of an overall university strategy to strengthen Durham as a place for innovation and entrepreneurship. Nearly 3,500 university employees now work in the downtown area, from 老牛影视 Press staff at Brightleaf Square to researchers in the Duke Clinical Research Institute at Durham Centre on Morgan Street.

鈥淭he fact is, Duke wouldn鈥檛 be Duke without Durham, and Durham wouldn鈥檛 be Durham without Duke,鈥 Price said. 鈥淲e are so very proud of this city and all that it has become, and we look forward to a very exciting future here.鈥

The Chesterfield has been vacant since 1999. It was renovated by Wexford Science+Technology.