FOR IMMEDIATE RELEASE
February 15, 2022
CONTACT
Lynn Stander
Senior Communications Manager, MCEDC
301.922.8017
lynn.stander@thinkmoco.com
The Montgomery County Economic Development Corporation (MCEDC) applauds today’s County Council passage of Zoning Text Amendment (ZTA) 21-09, which is a local win in innumerable ways.
The zoning change is another tool in the arsenal for the continued growth and future global competitiveness of the critical Montgomery County, MD life sciences industry sector.
ZTA 21-09:
Creates a Biohealth Priority Campus which will help the county speed growth of its biohealth facilities to become even more nationally and globally competitive;
Attracts the full spectrum of life sciences industries from R&D through manufacturing and distribution;
Expands the local tax base and draws top talent as companies make large capital investments with custom built facilities;
Addresses the immediate need of more laboratory space to fulfill the demand; and
Streamlines and expedites the zoning, permitting and regulatory processes to reduce barriers.
Accelerating the process for life sciences companies to physically expand in Montgomery County is a significant strategic priority. For life sciences companies, time is of the essence as they move into clinical trials to improve lives around the world.
View the Montgomery County Council’s press release here.
Councilmember Andrew Friedson, who introduced the amendment, will hold an in-person press conference Wednesday, February 16 at 10:30 am at United Therapeutics Corp. RSVP
ABOUT MCEDC
The Montgomery County Economic Development Corporation (MCEDC) is the official public-private economic development organization representing Montgomery County, Maryland. Created in 2016, MCEDC is led by a Board of Directors of business executives. Its mission is to help businesses start, grow and relocate in Montgomery County by helping them gain access to top talent, business and market intelligence and prime locations. For more information, visit our website. Follow us on Twitter, Facebook and LinkedIn.