With increased demand by firms for modern laboratory space and the long-term reduced need for traditional office space, there has been a growing trend in converting office buildings for use as laboratories. In recent years, some developers and firms have sought to co-locate their office and laboratories in urban, high-rise buildings. While these high-rise laboratory conversions may face challenges, they may be an attractive and important investment for firms that rely on research and technology space. The benefits of being located in central business districts, increased market visibility, near cultural/ social amenities, adjacency to mass transit, adjacency or proximity to clients or industry resources and collaborators, and increase workforce access may greatly outweigh the added investment costs for science firms.
Little’s team has deep experience working with both building types and understands the considerations and opportunities that are critical to these conversions.
We’ll help you carefully consider
