Demand for Life Sciences Manufacturing Space Shifts Tenant Needs
Slice of Construction Team
10/15/2024
Key Highlights:
- Increased demand for purpose-built, flexible facilities to accommodate various tenants.
- Robust drug clinical trials driving the need for move-in-ready and cGMP manufacturing spaces.
- Architects and contractors balancing tight budgets with evolving technological needs and sustainability trends.
Source: PR Newswire
Quotes
“ "The advancement in science and technology has enhanced the need for life science buildings to accommodate continual adjustments in space and use by various tenants and companies. Purpose-built, flexible facilities are the leading design and construction trend in the market." ”
Abhishek Dhawan, Mid-Atlantic Life Sciences Leader at DPR Construction
Our Take:
The growing emphasis on life sciences manufacturing space is reshaping tenant needs, signaling a shift towards more specialized, flexible facilities. As science and technology continue to evolve, the need for adaptable, purpose-built spaces is more critical than ever. Architects and contractors play a crucial role in balancing the cost constraints of these facilities with the high demands for cutting-edge environments.
