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.
Lincoln Property Company is planning to break ground in early 2023 on a 650,000-sf life sciences center in Boston. Designed by Arrowstreet, Moody Nolan, and Studio Eneé, Seaport Circle will provide Class A lab and office environments for biomedical and pharmaceutical tenants. Two adjoining towers topped by green roof decks will offer flexible, column-free floor plates ranging from 25,000 sf to 70,000 sf.
Hobbs Brook Real Estate opened a 507,000-sf life sciences complex in June of 2022 in Waltham, Mass. Designed by Gensler, the five-story facility provides state-of-the-art research labs, Class A office environments, and a 150-person conference venue. Integrating advanced mechanical and electrical systems, the highly flexible structure offers column-free floor plates that can be configured to support large single-floor tenants or multiple smaller tenants, with amenities centralized in the core.
Conscience Bay Company is planning to construct the Ridgeway Science & Technology facility in Boulder, Colo. Designed by Stantec to foster discovery and innovation, the two-story, 112,423-sf development will offer flexible lab and office environments complemented by collaboration spaces, outdoor terraces, shower and locker rooms, secure bike storage, and a café with a fire pit. The high-performance structure will integrate robust mechanical and electrical systems to meet the demands of next-generation research programs.
