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October 9th, 2009
Big Edina building needs a tenant with very little ambition
Know anyone interested in operating a state-of-the-art nanotechnology facility?
A coalition of state officials, advocacy groups, and business leaders is scrambling to craft a public/private partnership that will establish the Minnesota Center of Excellence in Nanotechnology in Edina.
Disk-drive maker Seagate Technology, based in California but with big operations in the Twin Cities, owns the $100 million facility. But the company, which lost $3.1 billion in the past fiscal year, has abandoned its plans to establish the 58,000-square-foot building as a hub for nanotech research and manufacturing.
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