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April 30th, 2007
Mr. Henderson first unveiled the idea at a TOP meeting earlier this month. Plans for a $100-million to $125-million building, funded through a public/private partnership (P3) managed like Ottawa's airport authority and modelled on the MaRS Centre in Toronto, at a rough annual cost of $10 million to $15 million.
MaRS is an acronym which once stood for "medical and related sciences." However, the two-year-old facility has since broadened its scope, now incorporating the biotechnology, IT, and nanotechnology sectors.
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