The Middle Anchor is the third site to be planned and developed within the Med-Tech Corridor concept originally envisioned in the early 1990's. The Middle Anchor, University Innovation Park, is a 60 acre parcel that is intended to become the engine for the Med-Tech Corridor. The North Anchor - Med Tech Park is a Business Park, the South Anchor - Centre at Millennium Park is a conference center and hotel to support University and other conference and meeting activities.

University Innovation Park is a mixed-use research park being developed by East Tennessee State University in partnership with the City of Johnson City. The purpose of University Park is to diversify and expand the economic base of the Tri-Cities region by supporting ETSU and attracting higher paying jobs. The strategy is to leverage the scholarship at East Tennessee State University with the Middle Anchor's land to advance University and industry capabilities. The primary orientation of University Innovation Park is to support the growth and development of the Tri-City Region's existing industry assets.

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