The Minnesota Department of Employment and Economic Development (DEED) awarded the device developer $1.75 million from the state’s Job Creation Fund and $4.25 million from the Minnesota Investment Fund.
That funding will support Boston Scientific’s expansion with a new site in Maple Grove, Minnesota, near Interstate 694 and Highway 169.
The $170 million project — codenamed “Project Black Bear” — includes 400,000 ft² of new R&D labs, office/support space and room for customer-facing training. The site has room for another 150,000 ft² of space if needed in the future.
The builder — Ryan Cos. — plans to complete construction in 2025.