Corporate

The University of Texas at San Antonio opened the $91.8 million San Pedro I building in January of 2023. Designed by Jacobs and Overland Partners, the six-story, 167,000-sf structure provides the School of Data Science with 84,000 sf of classrooms, labs, and offices for the departments of computer science, computer engineering, information systems and cybersecurity, and statistics and data sciences.

The Hurley Group has transformed an existing office building in New Haven to create the Elm City Bioscience Center. Designed by Svigals + Partners, the adaptive reuse project offers over 100,000 sf of leasable research space for startup companies. Featuring BSL-1 and BSL-2 environments, the eight-story biotech hub provides lab suites with adjacent work areas, meeting rooms, and break rooms. Advanced mechanical, electrical, and plumbing systems enable the structure’s 12,000-sf floor plates to easily adapt to changing requirements and configurations.

Lincoln Property Company and FCP are constructing the Colorado Research Exchange (CoRE) in Broomfield to provide leading-edge lab and office environments for biomedical, pharmaceutical, and technology companies. Designed by HKS Architects, the 461,500-rsf complex will include three structures ranging from 114,000 sf to 173,000 sf. Supported by advanced HVAC systems and emergency backup generators, this innovation ecosystem will offer leasable floor plates of up to 40,000 sf with ceiling heights between 14 and 18 feet.

The Centre for Process Innovation (CPI) opened the Medicines Manufacturing Innovation Centre in December of 2022 in Inchinnan in the United Kingdom. Situated in the heart of the Advanced Manufacturing Innovation District Scotland, the £88 million facility features sophisticated GMP environments where new pharmaceutical production methods can be proven at scale.

Vermeulens has released its market outlook report for the third quarter of 2022. Key points include:

Thor Equities opened a 350,000-sf research facility in Jersey City in October of 2022. Designed by SGA, the adaptive reuse project transformed a former toothpaste factory into a vibrant R&D center offering leasable lab and office environments. Featuring a selection of suites with infrastructure, casework, and equipment already installed, the eight-story structure integrates flexible floor plates, multiple utility grids, an onsite life safety generator, and 125 underground parking spaces.

King Street Properties broke ground in October of 2022 on the $915 million Allston LabWorks complex in Boston. Designed by DiMella Shaffer, the vibrant life sciences campus will provide 534,000 sf of leading-edge lab and office space across two research buildings. Standing six and eight stories high, the highly efficient structures will feature generous floor-to-floor heights to accommodate sophisticated instrumentation.

Amgen opened a 245,000-sf R&D center in South San Francisco in October of 2022. Located on the Gateway of Pacific life sciences campus in Oyster Point, the leased facility was designed by Flad Architects and developed by BioMed Realty. Featuring modular wet and molecular labs, the nine-story tower accommodates Amgen's research programs in oncology, inflammation, and cardiometabolic diseases. Flexible floor plates integrate lab and office functions, with open work spaces and movable furnishings promoting collaboration and interaction.

The Eli and Edythe L. Broad Institute, a nonprofit research organization affiliated with MIT and Harvard University, is expanding its presence in Cambridge with the long-term lease of a 225,000-sf facility. Developer Boston Properties is transforming an existing six-story building at 300 Binney Street into a state-of-the-art biomedical hub where interdisciplinary teams will engage in collaborative research and discovery.

Florida Polytechnic University opened the $47 million Applied Research Center in August of 2022 in Lakeland. Designed by HOK, the 90,000-sf facility provides teaching and research labs, student design spaces, conference rooms, faculty offices, and administrative space. Catalyzing entrepreneurship and economic development, the two-story structure will play a pivotal role in expanding academic program offerings and resources to support the university’s growing student population.

The University of Huddersfield is planning to construct the National Health Innovation Campus in Huddersfield in the United Kingdom. The transformative development will integrate teaching, research, and outpatient care facilities to optimize health outcomes in the Yorkshire and Humber region and nationwide. Designed by AHR Architects, the first phase of construction will create a new home for the Health and Wellbeing Academy.

Breakthrough Properties began construction in August of 2022 on the One Canal life sciences center in Cambridge, Mass. Designed to accommodate either a single tenant or multiple companies, the project involves the renovation of an existing structure to provide 105,000 sf of best-in-class biomedical research space. Occupants will enjoy private outdoor meeting venues, integrated retail amenities, and a fitness center.

Longfellow Real Estate Partners broke ground in August of 2022 on a 323,000-sf life sciences center in San Diego. Designed by HOK, the six-story Bioterra development will provide leading-edge laboratories, offices, and collaboration spaces for biomedical and pharmaceutical tenants. Occupants will enjoy a lush rooftop patio offering inspiring views, with specially curated food and beverage options on the lower levels open to the public.

BioMed Realty is constructing a 495,000-sf life sciences facility at Assembly Innovation Park in Somerville, Mass. Designed by Perkins&Will, the 12-story lab and office tower will provide leasable research environments for biomedical, pharmaceutical, and technology companies. With a floor-to-floor height of 15 feet, the building will offer floor plates of approximately 45,000 sf serviced by robust mechanical and electrical infrastructure.

The University of Washington and Gonzaga University opened the $60 million Health Partnership Building in Spokane in August of 2022. Located at the gateway to the Gonzaga campus, the interdisciplinary center collocates students and faculty from both institutions to create new opportunities for learning and discovery. The 90,000-sf facility offers interactive classrooms, teaching and research labs, faculty offices, a fitness hub, and a state-of-the-art anatomy suite.