BIONIC Hill Innovation Park


BIONIC Hill is the first Ukrainian innovation park being constructed similarly to the Silicon Valley. Estimated project investment is to reach 1 billion US dollars.

Location

BIONIC Hill Innovation Park will be located on 147 hectares in the Sviatoshynsky city district of Kyiv, on the territory of the former military town No. 136. Approximate distance to the BIONIC Hill site is 2.5 km from Kyiv ring road, 7.5 km from the nearest metro station Akademmistechko, 17 km from Kyiv downtown, and 20 km from Kyiv International Airport. The Park founder is the businessman Vasyl Khmelnytsky.

Concept

BIONIC Hill is meant to create an innovative ecosystem based on "Live, work, learn and play" concept. It sets the goal of creating a unique platform for business growth and providing comfortable living and business environment for hi-tech specialists. BIONIC Hill focuses on promotion and development of information and communication technologies, biotech and pharmaceutical, energy saving and clean energy solutions.
The project stipulates accommodation of local and international companies, project teams, showrooms, R&D centers, demo laboratories, clean hi-tech production, etc. Apart from that, the project will provide optimum conditions for startup development.
BIONIC Hill advantages will include a modern business and social infrastructure, high-quality real estate, full range of business services, resource support, educational initiative, and centralized park management. It is planned to introduce advantages for IT business, R&D and construction centers. Comfortable living conditions and tax preferences for residents add interest to the project.
Among BIONIC Hill partners are leading technological companies Robert BOSCH Ukraine, Cisco Systems Inc., Infopulse Ukraine.
One of the key components of BIONIC Hill is open intercorporate IT university BIONIC University. The institution was officially opened on December 27, 2013. Prior to official opening, BIONIC University has been working in the test mode for a year. Currently the institution works at the premises of the National University of Kyiv-Mohyla Academy; as soon as the first stage of BIONIC Hill construction is finished, BIONIC University will move into its own building there. The university trains IT-specialists in three majors: Tech Skills, Soft Skills, and Entrepreneurship.

Infrastructure

BIONIC Hill will combine business, education, research, production, social and recreation infrastructure for 35,000 employees and 12,000 residents of the innovation town.
Business infrastructure will include business centers, a training and research center, which will house BIONIC University, hi-tech production facilities, hotel and conference hall. It is also planned to accommodate datacenter, venture funds, banks, law and accounting firms, patent offices, etc. The project will have a full-fledged social infrastructure : kindergarten, school, hospital, restaurants, shops, fitness center, and dormitory. Besides, it is planned to build housing for the employees of tenant companies and their families. The park stipulates creation of a large recreational area planted with valuable tree species and landscaping of an artificial lake. BIONIC Hill will be the first facility in Ukraine to apply LEED green building certification system.

Project development

BIONIC Hill project was initiated in 2011 by UDP, the Ukrainian leading real estate developer and investor, with the support of the Kyiv City State Administration. Project is a 100% private business initiative.
The founder of the Innovation Park Vasyl Khmelnytsky says that its design prime cost amounted to $800 per square meter, so to ensure profit, the rental of premises should be at least $15 per square meter. According to the businessman, BIONIC Hill will start working at full capacity as soon as the economic situation in Ukraine improves.

Expected results

Project development stipulates considerable benefits for the country. One of the leading international companies Ernst&Young carried out the project’s preliminary feasibility study. The document was approved by the Cabinet of Ministers of Ukraine. According to Ernst&Young evaluation, as soon as BIONIC Hill project is up and running at full design capacity, annual revenue of resident companies is to exceed 7.2 billion UAH, hi-tech export – 4.8 billion UAH per annum, and tax revenues to budgets of all levels − 1.3 billion UAH annually
Besides, BIONIC Hill is expected to promote attraction of direct foreign investments to Ukraine as well as best global technologies, to ensure a new qualitative level of international scientific and technical cooperation. Also it will stimulate creation of innovative clusters in information, biotech, energy efficiency and other hi-tech branches, as well as provide a permanent source of revenues to State Budget of Ukraine and to local budgets.

Construction

Pre-construction activities started in late 2013. The 1st construction stage is to be commissioned in 2015 and will include a business center, housing and other social infrastructure objects.
Construction is to be fully completed by 2020. The park will include 900,000 m2 of objects of various uses.
BIONIC Hill contracted American АЕСОМ, which ranks among the five best architectural companies of the world, as a LEED consultant. Leading global and Ukrainian architects, engineers and designers have been developing the project of the first Ukrainian innovation park.