Lexington, KY: A Strong Foundation for Life Sciences
A strong support system with six major medical centers and Kentucky’s only R&D business park.
Q4 2021
![A product development initiative (PDI) grant enabled the Coldstream Research Campus to receive $500,000 in matching funds to develop lab space in the new building,
The CORE.](https://cdn9.areadevelopment.com/article_images/id70552_Kentucky500.jpg)
Sitting at the crossroads of two major interstates — I-75 and I-64 — and within a day’s drive to over two-thirds of the U.S. population, Lexington is the innovation corridor of Kentucky’s life sciences industry. Six major medical centers support a strong base of healthcare providers, employing almost 20,000 healthcare practitioners and technicians, making the location quotient above average at 1.20. In addition, Lexington is home to the University of Kentucky Coldstream Research Campus, the only research and development business park in the state. Coldstream, a 735-acre office park, was specifically designed for recruiting high-tech and biotech companies, as well as university centers and startups. The CORE, a new $15 million development, broke ground at Coldstream in early 2021.
Lexington’s economy has a unique support system that serves as the foundation of its strong, well-established life sciences industry. Its workforce, strategic geographic location, low cost of doing business, and high quality of life are among the city’s strongest assets. Lexington has leveraged its culture of innovation and commercialization, a superior business climate, the University of Kentucky’s top-ranked research programs, and an expansive network of medical centers to provide an environment where a diverse life sciences industry can grow.
To learn more about Life Sciences in Lexington, visit locateinlexington.com.
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