Western Research Center Built for Biotech in Richmond
Simeon Properties is planning to redevelop the 86-acre former Zenica site in Richmond, Calif., to build the $100 million Western Research Center, a multi-phase biotech incubator. The first $50-million, 330,000-sf phase will involve demolishing six buildings, moving two existing buildings and building two additional facilities. The second phase will encompass 180,000 sf in two more buildings. A possible third phase, dependent on an entitlement from the City of Richmond and environmental remediation, would open up the remaining 55 acres.