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July 30, 2021updated 22 Oct 2021 7:07am

BXP announces start of life sciences building construction in the US

Currently under construction at 180 Third Avenue, the building will include more than 310,000ft² of lab and office space and over 19,000ft² of amenities.

Boston Properties (BXP) has announced the start of construction on a 329,000ft² Life Sciences building within the CityPoint district in Waltham, Massachusetts, US.

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The move further expands BXP Life Sciences ’ portfolio in Waltham.

Lemon Brooke is serving as the landscape architect and Stantec as the architect of record for the 180 CityPoint project, which is being constructed by Consigli Construction.

For 180 CityPoint, which will be owned and operated by Boston Properties , McNamara Salvia is acting as the structural engineer.

Bala Consulting Engineers , VHB and Sanborn Head are serving as the MEP , civil and geotech engineers, respectively.

BXP Boston Region executive vice-president Bryan Koop said: “We are proud to celebrate the groundbreaking of 180 CityPoint which further solidifies the CityPoint district as a presiding destination for Life Sciences organisations and top talent.”

The six-storey building is currently under construction at 180 Third Avenue and will feature more than 310,000ft² of lab and office space.

Additionally, it will include over 19,000ft² of amenities and an office space floor for tenants, available with flexible lease terms.

180 CityPoint will also feature a food hall, expansive outdoor roof deck, boutique wellness centre with indoor basketball court along with shared meeting facilities and covered parking.

The 180 CityPoint project construction builds on BXP’s 4.9 million square feet of lab and Class A office properties in the Waltham/Lexington region.

BXP Life Sciences Development senior vice-president and co-head David Provost said: “We are incredibly proud to expand our existing Life Sciences footprint in Waltham and continue to create space and place for scientific discovery for the growing demand of companies in the biotechnology sector.”

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Free Report
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Internet of Things set to transform the construction industry

The Internet of Things (IoT) is proving hugely beneficial to the construction industry, allowing different assets and people to be monitored and accounted for across a traditionally fragmented industry. As a result, companies that invest in IoT now promise to make long-term gains in the industry. According to GlobalData forecasts, spending on IoT in construction will reach $9.6bn by 2025. For an industry that has large sites to manage, strict project timelines, hazardous working conditions, and tight profit margins, IoT can create a manageable view of construction sites for project managers, streamline operations, and protect workers. In addition, it allows real-time data streams of assets, automates time-consuming tasks, and ensures employee safety and productivity. IoT integration with equipment manufacturing also has rich advantages for asset monitoring sensors. This, combined with artificial intelligence (AI) can help forecast materials and workers needed during the procurement stage and assist in forecast financing. Read GlobalData’s whitepaper to find out more, including information on:
  • IoT value chain
  • Market size and growth forecasts
  • Mergers and acquisitions
  • Leading IoT adopters in construction
  • Specialist IoT vendors in construction
Don’t get left behind – find out how IoT can fortify your operations and make investments now.
by GlobalData
Enter your details here to receive your free Report.

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