Johns Hopkins University has plans to house The Institute for Basic Biomedical Sciences (IBBS) in the John G. Rangos Sr. Building, the first building to be built at the new life sciences Science + Technology Park at Johns Hopkins, which broke ground April 17, 2006. The Park is an $800-million development directed by East Baltimore Development Inc. that will include housing, retail, and other businesses and services.
One third of the space in the 282,000-sf, $120-million Rangos Building, built by Forest City-New East Baltimore Partnership, will be leased by the University and will provide IBBS with offices and labs for four interdisciplinary and interdepartmental research groups in the fields of epigenetics, sensory biology, cell dynamics, and metabolism and obesity research. The Rangos Family Foundation donated $10 million to the University for basic science research to improve human health.