The park is intended for biotechnology, physics and high-tech start-ups Ambassador will offer 100-sq.m. locations at $6 per sq.m. per month in shell condition.
The property, occupied by 44 buildings of 255-sq.m. each, was previously used as student dormitories. Some companies already rent space in the area, including Van Leer Ventures Jerusalem Ltd., Free Mind International (2003) Ltd., and Sygnet Technologies International 2001 Ltd.