The state-of-the-art facility will be constructed at a site just east of Austin-Bergstrom International Airport, with substantial completion slated for August 2026.
A life sciences real estate building boom is sweeping the nation, driven by sharp increases in health-related VC funding, promising new therapies from pharmaceutical companies and a shortage of available space, particularly in emerging markets.
Investment in U.S. life sciences real estate increased 62% in 2021, according to a report from commercial real estate firm CBRE. Investment in the sector has grown by 111% since 2018 and another 10% increase is forecast for 2022, with much of that new investment going to ground-up development.
A global coalition of health and civil society organizations issued a declaration calling for “an immediate stop to the experimental COVID-19 ‘vaccines,’” arguing that the push for mass [.]
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