Tradeline, Inc. filters and categorizes new-construction and industry news from regional and professional journals across the country. Here you will find new projects, products, and regulatory updates.
Industry News
Mercer University Breaks Ground on Moye Pharmacy and Health Sciences Center
Mercer University broke ground in May of 2022 on the 65,000-sf Moye Pharmacy and Health Sciences Center in Atlanta. Located on the Cecil B. Day Graduate and Professional Campus in Atlanta, the collaborative facility will feature flexible classrooms that can easily accommodate diverse pedagogies ranging from didactic instruction to active team-based learning.
Missouri University of Science and Technology Constructs Innovation Lab
Missouri University of Science and Technology is constructing the $37 million Innovation Lab in Rolla. Enhancing the recruitment and retention of first-year students, the 50,000-sf facility will feature maker spaces, idea labs, active-learning classrooms, and specialized environments for augmented and virtual reality technologies. The highly transparent structure will offer collaboration venues of various sizes to promote experiential education and entrepreneurship.
Demand for Biomedical Research Space Drives Office-to-Lab Conversions
Growing demand for life sciences research space is driving an increase in office-to-lab conversion projects in the United States. According to a new report from CBRE, office-to-lab conversions in progress in the 12 largest U.S. life sciences markets at the end of 2021 amounted to 9.9 million sf, up 49 percent from the beginning of the year. In comparison, ground-up lab construction rose by 42 percent to nearly 18.8 million sf by the end of 2021.
St. John's University Breaks Ground on Health Sciences Center
St. John's University broke ground on the $106 million Health Sciences Center in New York in May of 2022. Located on the Queens campus, the 70,000-sf facility will provide state-of-the-art laboratories, active learning classrooms, and simulation suites to train the next generation of caregivers. Housing the School of Nursing and other allied health programs, the project will promote interprofessional education with flexible teaching venues where teams of students can work together.
DLJ and Leggat McCall Open Somerville Life Sciences Facility
DLJ Real Estate Capital Partners and Leggat McCall Properties opened a 289,000-sf life sciences facility in Somerville in May of 2022. Designed by SGA and Hashim Sarkis Studios, the nine-story structure provides Class-A lab and office environments supported by robust mechanical and electrical infrastructure. Offering flexible floorplates with column-free spans of 35,000 sf, the sustainable development is targeting LEED Gold and WiredScore Platinum certifications.