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Board hears pitch from Campus Innovations Group for BioLife Science campus; agrees to discovery subcommittee
Summary
Campus Innovations Group presented a proposal to help the DeSoto Development Corporation advance a proposed BioLife Science campus. The board did not authorize the full proposal but agreed to a short discovery process with a three‑person subcommittee and to remove a proposed success fee and cap reimbursable expenses.
DeSoto Development Corporation board members heard a two‑hour presentation from Campus Innovations Group — a team of real estate, health care and university development veterans — about advancing a planned BioLife Science campus in DeSoto.
Consultants from Campus Innovations Group described prior industry work that includes partnerships with university medical centers and health systems, and outlined a proposed six‑month engagement to identify potential industry anchor tenants, refine a site plan and open industry and higher‑education conversations. Staff said the proposal in the board packet requested approximately $47,000 for…
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