Gov. J.B. Pritzker announced $9 million in grants to help developers build out facilities that will house early-stage life sciences companies. […]
State offers incentive for lab space development
Category: News
News articles
Fulton Market life-science incubator gets an early start
Portal Innovations, which will provide hard-to-find lab space to early-stage companies, plans to open early next year in a building Trammell Crow converted and expand to a larger space in another building in 2022. […]
A lab science boom in Chicago may rely on existing buildings
A diverse economy is a strong economy, which is why many in the Chicago area would like to see more development in the lab sciences. After all, it’s one sector that is projected to explode in demand over the coming years. A recent JLL report found that Boston, the Bay Area and San Diego retained […]
Why biotech is a bright spot on Chicago’s real estate scene now
It’s a pretty bad time to be a landlord in Chicago, but not if you’re hunting for life sciences tenants. As the COVID-19 crisis continues to crush owners of most types of commercial property, four growing biotechnology and pharmaceutical companies have announced deals for new lab spaces in the city over the past six months, […]
Trammell Crow Company Breaks Ground on Fulton Labs Development
CHICAGO — July 29, 2020 — Trammell Crow Company (TCC), one of the largest commercial real estate developers in the United States, today broke ground on Fulton Labs, a best-in-class laboratory facility that is being developed to help solve chronic lab space shortage throughout the Chicago region. Fulton Labs is located at 400 N. Aberdeen […]
Biotech Properties Draw Billions of Dollars as Other Real Estate Languishes
Covid-19 is clobbering hotels, shopping centers and senior housing communities. But the pandemic is providing an extra boost to landlords leasing to biotechnology, pharmaceutical and other life-sciences businesses. Those owners were already doing a lot of business with companies working on health problems like diabetes and cancer. Now, they are seeing strong demand from companies […]
Trammell Crow Plans to Develop 423,454 SF Fulton Labs Life Science Facility in Chicago
CHICAGO — Trammell Crow Co. (TCC), a Texas-based developer, has unveiled plans for Fulton Labs, a 423,454-square-foot life science facility in the Fulton Market neighborhood of Chicago. Located at 400 N. Aberdeen St., Fulton Labs will span 16 floors, with 12 floors of wet or dry lab space, dependent on the tenant’s needs. The lab […]
Trammell Crow Company Closes on Land for Fulton Labs Development
CHICAGO — June 11, 2020 — Trammell Crow Company (TCC), one of the largest commercial real estate developers in the United States, today announced it has closed on the land that will be used to build Fulton Labs, a 423,454-square-foot facility that is being developed to help solve chronic lab space shortage throughout the Chicago […]
In Praise of Lesser-Sung Life Science Clusters
We all hear lots about the life sciences clusters around Boston and San Francisco. But many clusters across the nation deserve our attention too—not just the major hubs. […]
Life sciences hub planned for Fulton Market
Developer Trammell Crow aims to build a 400,000-square-foot lab and office building in the trendy corridor, hoping it will help nurture biotech and pharmaceutical companies born in Chicago’s backyard. […]
