Life sciences, an emerging industry in the Austin region, is catalyzed by major company investments across the ecosystem. A recently commissioned McKinsey study outlines the region’s competitive edge, identifying AI-enabled life sciences, MedTech, and digital health as key strengths shaping Austin’s rise as a life sciences hub.
The Austin region has unique assets that will fuel the growth of the life sciences ecosystem
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Investments in infrastructure, such as research facilities and ‘smart cities’ infrastructure, account for changes in collaboration tools and professional connections, including digital research spaces and multi-nodal networks.
Expansion of Healthcare Network
The expansion of healthcare networks in the Austin region is fueled by significant investments, driving the launch of innovative projects and expansions within top-tier hospital systems.
Multi-disciplinary research
Investments in infrastructure, such as research facilities and ‘smart cities’ infrastructure, account for changes in collaboration tools and professional connections, including digital research spaces and multi-nodal networks.
Network of private and public institutions
The Austin region has a network of anchor public and private institutions with clear roles and responsibilities for accelerating innovation, including: one or more nationally-ranked universities, large companies, real-estate development firms, government, and community organizations.
Austin Innovation Ecosystem
The Austin Ecosystem Platform is a global data platform for intelligence on startups, innovation, high-growth companies, ecosystems and investment strategies. Opportunity Austin brings the key insights to startup founders, investors, job seekers, and research institutions.
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Life Sciences in the Austin region.
Map includes clusters of:
- Bio/Medical IT
- Biotech/Pharma
- Other/Supplier
- Medical Device
- Life Science Nodes
Also includes a list of Life Science companies & their employee counts
Welcome to Innovation Tower, where proximity to knowledge, culture, and a partnership with the University of Texas provides an unmatched advantage. Nestled just a few blocks away from the renowned University of Texas campus, our prime location offers an unparalleled advantage for forward-thinking enterprises. This proximity means access to a rich pool of talent, fostering dynamic collaborations and innovative partnerships.
The Round Rock Chamber of Commerce along with regional leaders and stakeholders have recognized the opportunity to take advantage of the greater Austin region’s growing reputation as one of the top three emerging life science markets in the country. In recognizing this opportunity, they have identified the potential in the purposeful creation of a life sciences research and industry cluster that leverages the many community assets, both public and private.
At Highpoint, we’re all about powering your company with the infrastructure, amenities, and scale to keep moving, to keep innovating. Purpose-built for a Fortune 500 giant, our cutting-edge campus is primed to propel all areas of innovation science within Austin’s ever-expanding cluster. Find your Highpoint and discover all the tools you need to continue creating for the next generation – now and into the future.
Welcome to the newest phase of Mueller Business District. Offering a perfect balance of work and leisure, the two buildings feature private balconies and serene courtyards. From Charlie + Delta, employees will experience all Mueller has to offer on foot: from modern housing options to Austin’s favorite tacos.
1121 at Symphony Square represents a dynamic opportunity to thrive in the heart of Austin’s Vibrant Innovation District.
Surrounded by the city’s most unique destinations, Austin’s newest luxury office building offers a true Class-A experience that combines location with a host of top-notch amenities.
The new home for UT’s first off-campus bioscience incubator. The incubator will provide wet lab space for students, professors, and other UT affiliates as they continue to grow their R&D operations within the Austin market.
DISCOVERY TO IMPACT: The connection between campus innovators and industry, translating academic research into services, treatments, and products benefiting society
Designed as Austin’s only master-planned business park, MetCenter is a sprawling Class A, mixed-use property that delivers unbeatable accessibility in Southeast Austin.
With a variety of flexible floorplans and sizes, the buildings at MetCenter are thoughtfully designed to accommodate a generous range of office sizes. An ideal business environment for any industry, MetCenter is also home to the highest concentration of Fortune 500 companies, state and federal office operations, and data center facilities in Central Texas.
Welcome to our premier commercial space, where modern amenities meet top-tier functionality in an ideal location. Below, you will find detailed information about our property and its features.
Premises Details:
- Building Size: 204,000 RSF across 3 floors
- Typical Floor Size: 68,000 SF
- Building Class: A
- Submarket: Northeast
- Built: 2019
Discover a state-of-the-art suburban office space that combines modern design with convenient amenities in a prime location. Below, you will find detailed information about the building and its features.
Building Features:
- Building Class: Class A, newly constructed
- Amenity Plaza: Connecting Parmer 4.1 and 4.2
- Parking: Expansive surface parking lot
- Lobby: Grand common lobby with multiple access points
- Outdoor Features: Outdoor Amenity Plaza, nearby Parmer Pond and The Pitch
Multi-disciplinary research
Expansion of Healthcare Network
Many key expansion efforts are spearheaded by key higher-educational institutions. Each with a different speciality, the Austin region’s future healthcare workforce feeds our existing network of 7 major hospitals and supports the growth of more.
Expansion of healthcare network MD Anderson Cancer Center’s arrival, part of the $2.5 billion UT Austin Medical Center, will bring two new hospitals and thousands of jobs, expanding access to care and advancing local research. Many key expansion efforts are spearheaded by higher education institutions, each with a unique specialty. Together, they support clinical trials, talent development, and a healthcare workforce that includes 76,000 professionals and 4,700 annual healthcare graduates. This pipeline feeds Austin’s network of seven major hospitals and supports continued growth.
Incentives
Texas provides a variety of incentives to support the life sciences sector, including funding opportunities and tax exemptions, aimed at attracting innovative companies, encouraging research and development, and enhancing the business environment for medical and biomedical industries.
TX Medical and Biomedical Manufacturing Tax Exemption
Property tax exemption for tangible personal property that is used or produced by medical and biomedical manufacturers, such as medical devices, pharmaceuticals, and PPE.
The Cancer Prevention and Research Institute of Texas (CPRIT) funds awards for cancer research, product development, and prevention.
Projects of note
austin in action - case studies
Real-world examples of growth, innovation, and investment. Read our Life Sciences Case Studies to see how Austin can help you.