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In the wake of the pandemic, we’ve seen a fundamental shift in how cities use space. Commercial tenants are prioritizing quality over quantity, leaving older office buildings underoccupied and underutilized. At the same time, an increase in healthcare investment and technological advancements have led to a surge life sciences growth across the nation. These two trends have set the stage for an unconventional solution: converting office buildings into lab space.
The life sciences industry has undergone significant transformation in recent years, driven by technological advancements, regulatory changes, and the global response to the COVID-19 pandemic. These shifts have not only reshaped operations across the sector but have also laid the foundation for the future of healthcare and life sciences facilities.
More healthcare projects in North America are considering mass timber construction to reap the benefits, including improved patient experiences and healing outcomes.
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