![]() With entitlements secured and key foundation permits already in-hand, completion of the initial phase is anticipated in summer 2023. With new office, lab and support retail space, the RaDD is situated on more than 8 acres and occupies three entire city blocks - representing the largest urban commercial waterfront site along California’s Pacific coast. The new site, the San Diego Research and Development District (RaDD), is already under construction. a life science real estate development company, acquired an iconic development site along San Diego’s waterfront. With the presence of so many innovative tech giants, and key research from the state’s universities and laboratories, talent-rich California provides the ideal atmosphere for entrepreneurship. From Apple and Google to Tesla and Snap, Tinder and Hulu, California companies are taking the world by storm. Home to the biggest names in technology, California has a legacy of churning out successful startups. 2 best “Innovation Environment” - behind only Massachusetts. ![]() In WalletHub’s 2019 Most Innovative States rankings, California placed sixth overall and was ranked as the No. The Golden State is known around the world for its entrepreneurial ecosystem and life-changing innovations. For new companies with limited resources this unparalleled access to venture capital is attractive and has contributed to the state’s reputation for startup success. ![]() was observed in California - approximately $65.6 billion in 2019. ![]() According to Statista, the highest value of VC investment in the U.S. ![]()
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