The scientific research market has grown substantially over the last 10 years. With a global pandemic still front-of-mind, investors are looking at the life science industry now more than ever.
This expanding market is evolving into one of the fastest-growing real estate investment sectors, yet some developers, investors and real estate professionals may be intimidated or confused by the myriad of complexities in site selection, design and construction of lab facilities. Familiarity with industry-related terms and a basic understanding of what is needed to develop a successful lab research facility are key starting points.
To help those new to lab development understand key considerations for starting a lab facility, WSP and BAM Creative have co-authored a white paper that discusses types of labs, ideal locations, zoning and location considerations, assembling a design team, lab planning and design, and space types.
This paper is a vital primer for anyone looking to move into the lab development space.
Click here to download the whitepaper.