Industry News

Merck celebrated the official groundbreaking for the $1.3 billion London Discovery Research Centre in October of 2023. Created in partnership with Precis Advisory, the 10-story, 269,000-sf building will provide 180,000 sf of leased space for the company’s UK headquarters. The vibrant facility will feature state-of-the-art labs, offices, and collaboration spaces where approximately 180 researchers will work alongside 600 employees involved in business development, regulatory compliance, and clinical affairs.

The University of Texas at San Antonio (UTSA) broke ground on the $131 million Innovation, Entrepreneurship, and Careers Building in October of 2023. Designed by Gensler and Overland Partners, the 180,000-sf facility will accommodate applied education courses in business, engineering, and the sciences. Immersive learning venues will equip students with the crucial skills required by local employers, who are actively partnering with UTSA to create job training and internship opportunities.

Auburn University will begin construction in late 2023 on the $200 million STEM + Ag Complex in Auburn, Ala. Housing programs for the College of Science and Mathematics and the College of Agriculture, the 285,000-sf complex will accommodate the departments of mathematics and statistics, biological sciences, geosciences, horticulture, entomology and plant pathology, and crop, soil, and environmental sciences. The three-building development will provide wet and dry research labs, offices for principal investigators, collaboration spaces, and shared lab support areas.

Alexandria Real Estate Equities completed construction in November of 2023 on Moderna's global headquarters at One Kendall Square. Designed by NBBJ to be the most sustainable lab building in Cambridge, the 462,100-rsf facility will support the development of innovative mRNA vaccines and therapies. The Class A+ property integrates advanced R&D labs and offices with engaging gathering spaces to promote interaction and collaboration.

Virginia Tech opened the $79 million Data and Decision Sciences Building in October of 2023 in Blacksburg. Designed by Moseley Architects, the 120,000-gsf facility features technology-rich learning environments for programs in computer science, engineering, statistics, and other data-related fields. Fostering interaction between multiple colleges and departments, the transdisciplinary structure provides nine flexible classrooms, 32 student team rooms, 75 faculty offices, conference rooms, and specialized labs for data visualization and analysis.