Browsing: Life Sciences
By 2020, life sciences facilities were on the rise. Enter the pandemic, and the urgent need for vaccine research & development labs and manufacturing facilities created a spike in life sciences construction. However, with less emphasis on vaccine development and a subsequent cooling of that spike, many geographic regions now find themselves grappling with a saturated market.
Columbia University will soon begin construction on New York City’s first all-electric academic research building. Designed by Kohn Pedersen Fox (KPF), the 80,700-sf building for the university’s Vagelos College of Physicians and Surgeons will provide eight floors of biomedical research and lab facilities as well as symposium and community engagement spaces.
Philadelphia’s life sciences market experienced a downturn over 2023, as the venture capital that was keeping it humming slowed to a trickle.
But a pair of new reports show that it hasn’t been hit as hard as other major biosciences hubs in the U.S., thanks to a slowdown in construction, and it could be poised for a comeback in the months ahead.
Manage a law firm for long enough and you will inevitably face the following question: what do we do with this office space?
Life sciences buildings have unique space requirements for office and laboratory areas. This combination can be an economic challenge for new construction, however, especially in urban cores. Repositioning an existing building is one way to deliver a modern workspace with a compelling backstory.
Written By Pat Toner, VP/Life Science Sector Leader, STO Building GroupWith all eyes on the life sciences sector during the…
In late 2021, Schrödinger, a company whose physics-based computational platform is transforming the way therapeutics and materials are discovered, retained the Structure Tone Boston team as a construction management partner to help build their Cambridge, MA office.
As the life sciences sector has exploded in recent years, developers have jumped at the opportunity to repurpose commercial office space and other buildings for research and office space. But another type of life sciences facility is emerging—and bringing with it a new set of real estate requirements and expertise.