There is no better place for businesses to grow than at McMaster Innovation Park. Our longstanding dedication to bridging the gap between academia and industry, makes MIP Canada’s premier research and innovation park.
Together, with the help of seasoned industry players and a diverse group of tenant ventures, we are building a world-class ecosystem that solves real industry problems. MIP continues to pursue a significant expansion to a total of 3.2 million sq ft to support scale-up in Life Sciences innovation, commercialization and manufacturing. We have a proven ability to support and grow mid-market/SME enterprises with lower investments risks.
2020 Annual Impact Report
McMaster Innovation Park continues its efforts to develop and maintain sustainable community and environmental initiatives. Though the year 2020 halted major developmental plans, it also birthed significant partnerships such as our participation in the shared powered evaluation projects for the electronic vehicle (EV) charging network across Canada.
Our commitment to achieve Carbon ZERO status by 2030 has now, more than ever, been reinforced. We look forward to breaking new frontiers in our on-going research with McMaster University in the capturing, storage and reuse of waste heat through our integrated thermal energy storage system. As we grow our ecosystem and position ourselves as a global leader in Life Sciences, Advanced Manufacturing and ICT sectors, we do so with a full commitment to a responsible approach in the use of renewable energy.
2019 Annual Impact Report
In 2019 with the hiring of our new CEO McMaster Innovation Park saw a new vision unveiled and a radical shift in the parks mission. With the acquisition of the former Westinghouse/Camco property at 606 Aberdeen Ave, the recent purchase of the former Spectator building at 44 Frid St. and the start of construction of the exciting new Gowlings building at the corner of Longwood Rd. and Frid St. MIP is positioning itself to be a leader in supporting advanced medical /life science, hybrid/autonomous vehicle and all the other unique research projects ongoing. We are working closely with consultants to further develop our solar water and PV systems and are working with McMaster University researchers on an integrated thermal energy storage system to capture all waste heat generated from the park and store in our Geo- field which is already in planning for expansion. Our district energy system is also under expansion to accommodate tie in’s to our new buildings and to work towards our ZERO carbon plan.
As McMaster Innovation Park embarks on its new strategic mission of supporting innovation and upcoming start ups with its expansion plans, we will also be looking to support innovation in sustainability and energy conservation as we build and retrofit across the park. Our Carbon Zero plan will incorporate many new initiatives in the research stages, and we look forward to presenting them to the community in the future.
2018-2019 Annual Business Report
2018 was a year of growth, change and a new vision for McMaster Innovation Park and its partnership with Sustainable Hamilton Burlington. Initiatives include completion of a Co-Gen Facility in our District Energy System and system upgrades at our Leeds Platinum building at 183 Longwood Road to ensure it continues to achieve the highest standards. Continuous improvements took place across the park with upgraded speed drives for major air handling units and major electrical equipment improvements as lifecycle requirements allowed. The use of trend data from our building automation system allowed for an enhanced occupancy schedule that controlled heating and lighting to further reduce energy needs.
As McMaster Innovation Park continues its expansion in the future we look forward to collaborating with Sustainable Hamilton Burlington. 2018 also saw the proud tradition of McMaster Innovation Park involved in continuing community service: Work with Habitat for Humanity on the Wilson street project, the wildly successful Art in the Workplace events, Food drives, Hosting the Bay Area Science & Engineering Fair are some of the many opportunity’s the Innovation Park staff enjoyed taking part in.