HYM Investment Group Breaks Ground on Biomanufacturing Hub

Published 4-8-2022
  • HYM Investment Group - Biomanufacturing Hub
  • HYM Investment Group - Biomanufacturing Hub
  • HYM Investment Group - Suffolk Downs Redevelopment
  • HYM Investment Group - Suffolk Downs Redevelopment
  • HYM Investment Group - Mass Timber Accelerator
  • HYM Investment Group - Biomanufacturing Hub

    Courtesy of HYM Investment Group and Elkus Manfredi Architects.

  • HYM Investment Group - Biomanufacturing Hub

    Courtesy of HYM Investment Group and Elkus Manfredi Architects.

  • HYM Investment Group - Suffolk Downs Redevelopment

    Courtesy of HYM Investment Group.

  • HYM Investment Group - Suffolk Downs Redevelopment

    Courtesy of HYM Investment Group.

  • HYM Investment Group - Mass Timber Accelerator

    Courtesy of HYM Investment Group.

HYM Investment Group began construction in March of 2022 on a $280 million biomanufacturing hub in Revere, Mass. Designed by Elkus Manfredi Architects, the six-story life sciences facility will offer leasable research environments for biomedical and pharmaceutical companies. Complemented by retail and dining amenities, the structure will feature two double-height floors for GMP production and manufacturing activities. Three upper stories will accommodate R&D labs supported by advanced mechanical and electrical infrastructure on the rooftop level. Completion is expected in late 2023 with tenant occupancy commencing in mid-2024. A second phase of construction will deliver approximately 220,000 sf of additional lab space. 

With strategic access to the Massachusetts Bay Transportation Authority's Beachmont station, the project is part of a major redevelopment of the former Suffolk Downs racetrack spanning Boston and Revere. Integrating a resilient design to mitigate risk from rising sea levels,  the mixed-use district will include a mass timber accelerator facility, residential complexes, two retail squares, and 40 acres of open space.

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Architect
Elkus Manfredi Architects