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The life sciences sector is experiencing an era of unprecedented growth driven by a surge in both public and private funding combined with a post-pandemic sense of urgency and market opportunity. According to a report released by Newmark in January 2021, more than 36 million sf of new construction is expected to be delivered in the nation’s top 14 life science markets, as life science investments more than triple. While demand for life science and biotech facilities has been growing steadily over the past decade, the COVID-19 crisis heightened national awareness around the need for increased research, diagnostic, and domestic manufacturing capabilities. Investors are also seeing significant potential in the future of personalized medicine, genomics, and other life science-related fields, as emerging technologies and research disciplines converge.

Academic libraries are radically reprogramming spaces and services to connect students to validated digital information and the expertise of library staff. Space that once housed printed information is being opened for people to collaborate and create. When the multi-year, multi-phased University of Pittsburgh Hillman Library renovation is complete, it will add 401 seats (a 15 percent increase) and enhanced digital services in a welcoming environment that inspires discovery. At Carnegie Mellon University’s Sorrells Engineering and Science Library, reprogramming and a few strategic design moves have resulted in 115 percent increase in user occupancy.

The needs and architectural considerations for a veterinary diagnostic laboratory (VDL) have evolved toward a greater focus on the value of human-centered design. At its core, the VDL’s purpose to provide diagnostic testing for infectious animal diseases remains the same: Biosafety and biosecurity are a top priority, while designs have evolved to meet today’s demands and anticipated future technological advancements. However, the visionary and technological advancements of recent decades have also resulted in an increased focus on designing with efficiency and quality of workplace in mind.

The most-read Tradeline articles in 2020 reflect how the industry has responded to the COVID-19 crisis with flexibility and adaptability. From virtual site visits and virus-mitigating HVAC solutions to forward-looking models for office work, research programs, and higher education, readers learned about the innovative solutions that peer organizations have adopted to weather the storm and position themselves to thrive in the recovery.

The life sciences industry has become the great hope in real estate, as we face the most significant public health crisis in a century. While other industries have slowed and suffered as a result of sheltering in place and working from home, science facilities have remained operational and even have thrived in prime markets, as the industry continues to search for medical breakthroughs. The downturn in other industries has left buildings vacant. The life science market, on the other hand, continues to experience some of the lowest vacancy and highest employment rates. For life science organizations in the prime U.S. markets, there simply remains a shortage of available research-capable space. Enter the big pivot to science.