AUGUST / SEPTEMBER 2021

 

Knowledge Community Insider

 

Atrium Health, development firm outline plans for future innovation district at med school site

 

Plans are starting to take shape for an innovation district in midtown, part of a larger project to build a four-year medical school here. The innovation district, stemming from a strategic combination between Atrium Health and Wake Forest Baptist Health, will be a space for research, collaboration and cutting-edge technology.

Charlotte Business Journal   |  August 24, 2021  (Subscription Needed to Read More)

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Cambridge Innovation Center to double its lab space in University City with $11M expansion

Cambridge Innovation Center plans to spend more than $11 million to double its lab space at 3675 Market St. in uCity Square, creating what it says will be one of the largest shared laboratory hubs in the country.

The expansion will result in the addition of more than 200 lab benches, up from the 200 already at the site that is home to nearly two dozen life sciences companies and about 50 co-working tenants…

“If you look back three years ago, Wexford and our partners here have always been talking about the importance of not only building a development but creating a robust Knowledge Community that drives diversity and creates opportunities that are broad and inclusive,” said John Grady, senior vice president at Wexford.

To that end, the building at 3675 Market has been curated to provide an environment that cultivates various aspects and stages of an entrepreneur and their business, and CIC is an integral part of that, Grady said. “We saw their expertise in engaging and supporting entrepreneurs and accelerating their businesses as a really important step,” he said. “I think it was underappreciated how impactful that could be.”

Philadelphia Business Journal   |   August 23, 2021  (Subscription Needed to Read More)
Click here to read Press Release on Business Wire

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The 15 coolest offices in Metro Phoenix in 2021

 

850 PBC is the first purpose-built life science building in the Phoenix metropolitan area. LEED Gold-certified, it offers seven floors of laboratories, offices and research space, complete with floor-to-ceiling windows. An advanced air-filtration system, including once-through air in all labs, and touchless fixtures promote health and wellness. The modern lobby features custom local artwork, a restaurant, stage and outdoor covered patio.

AZ Big Media   |   September 21, 2021

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Students from Science Center’s FirstHand program share its impact in a new short film

 

A recent cohort of the University City Science Center’s STEM education program FirstHand is featured in a short film produced by UnitEd for Equality.

The film highlights what the high schoolers have learned — and why they’re intrigued by and pursuing careers in technology.

UnitED for Equality is a program created by Strayer University in partnership with the Blackhouse Foundation, which works to elevate diverse voices in filmmaking. UnitED reached out to the Science Center about a year ago with interest in featuring FirstHand, a spokesperson said. Local director André Robert Lee filmed and interviewed the FirstHand team and students, as well as Paul Robeson High School for Human Services Principal Richard M. Gordon IV, earlier this year.

The program, first launched in 2014, offers project-based and career-exposing programming to local schools and community org. The program went virtual during the pandemic, but the Science Center was still able to work with more than 250 middle and high schoolers from 12 Philly schools. It recently received funding from the state to expand its reach.

Technical.ly Philly   |   October 5, 2021

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Philly life science firms raised more than $777M in the first half of 2021 alone

In the midst of what’s on track to be the Philadelphia’s regions best best year for venture capital deals ever, life sciences are making a strong showing, too.

According to a new report from CBRE, raised $777 million in venture capital in just the first half of in 2021, already eclipsed the total of the last two respective years — and the report makes a case for local life sciences activity reaching $1.4 billion this year.

 

…Lab space devoted to the life sciences has become a major occupant of commercial real estate in the region. Life sciences leasing increased from 2019 to 2020, and so far 2021 is on track to at least meet last year’s amount: Philly saw 400,000 square feet in the first half of this year, compared to 800,000 square feet in the entire year of 2020. Significant leases signed by the likes of Spark Therapeutics and Century Therapeutics — which lives in the soon-to-be-expanded CIC Philly — within the last year have contributed to the trend.

Technical.ly Philly  |  September 8, 2021

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Former Pittsburgh Ford plant transforming into cancer research hub

A once-thriving Ford Motor Company plant in Pittsburgh is being transformed into a cancer and biomedical research hub aptly called The Assembly, The Post has learned.

The changeover is another sign that the autogas industry is diminishing and follows the announcement earlier this month that New York plans to phase out most gas-powered vehicles by 2035. Meanwhile, the biomedical industry has skyrocketed in recent years, now valued at almost $850 billion.

“We are excited to be converting this historic, underutilized industrial facility into a hub for research, discovery and entrepreneurial activity,” Thomas Osha, a senior vice president who works on the innovation and economic development team at Wexford Science + Technology, told The Post.

New York Post   |   September 30, 2021 

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Building Up Life Science

The life sciences sector is growing, and Pittsburgh has an opportunity to become a leader in this space. Will real estate leaders and developers answer the call?

According to a mid-year report on life sciences real estate by Newmark, the sector is on a record pace of generating $9 billion in investment in the first half of 2021, with more than 27 million square feet of wet lab space under development in 14 markets throughout the country.

Michael Dembert, director of development for Wexford Science + Technology, which is partnering with the University of Pittsburgh on the $330 million Assembly project in Bloomfield, compared the interest in life sciences in the wake of the pandemic to the defense industry after 9-11.

“When you have a global health crisis like Covid, I think you would naturally see more focus and more interest in vaccine development and using Covid as an example of how you can be prepared,” he said. “I think you probably saw the same thing after 9-11 with the amount of defense spending afterward. It’s something that’s in the public eye more than it was before.”

Pittsburgh Business Times   |   September 23, 2021  (Subscription Needed to Read More)

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Downtown Phoenix Campus Turns 15

 

 

 

 

 

 

 

 

ASU News
September 2, 2021
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Outsider’s perspective helps measure  how far Winston-Salem has come in growth and culture

 

 

Winston-Salem Journal
September 28, 2021

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Atrium Health Wake Forest Baptist begins Delivering COVID-19 vaccines via drone

 

 

 

 

WXII News 12
August 24, 2021
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