Biotech

Former Watertown Flag Company Turned into Life Science Space

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A former flag factory in Watertown has been transformed into life science lab space. The former New England Flag and Banner building at 165 Dexter Ave. has been renovated and prepared for life science labs. The following information was provided by Ebbrell Architecture + Design:

Enticed by an open floor plan flooded with natural light, executives at startup Via Separations knew they found the perfect home in a former Watertown flag factory. Massachusetts-based Ebbrell Architecture + Design, a certified Woman-owned Business Enterprise, worked closely with Via Separations in rolling out a phased plan for the new headquarters, complete with a state-of-the-art wet lab that houses eight fume hoods — six benchtops and two walk-ins — as well as extensive prototyping space for the company’s revolutionary membrane filtration research.

Business

Galen Street Biotech Development Approved by ZBA

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A view of the life sciences building at 66 Galen St. approved by the Zoning Board of Appeals. This view is from Galen Street. The following piece was provided Boston Development Group:

Following months of planning discussions and community meetings, Boston Development Group (BDG) has received approval from the Watertown Zoning Board of Appeals (ZBA)  Thursday for a proposed life sciences development at 66 Galen Street in Watertown, Massachusetts. Boston Development Group (BDG), a multifaceted investment management and real estate development firm, plans to build a major life science campus comprised of two phases totaling nearly 450,000 SF of Class A Office/ R&D LAB.

Business

Construction Underway on 9-Story Biotech Building at Arsenal Yards

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A rendering of what the nine-story 100 Forge building at Arsenal Yards will look like. Developers are creating 165,000 sq. ft. of space for biotech companies. The following announcement was provided by Boylston Properties:

Boylston Properties, a Boston-based developer of mixed-use destinations, and institutional investors advised by J.P. Morgan Asset Management, announced a joint venture agreement to proceed with plans to construct 100 Forge, a nine-story 165,600-square-foot lab building at Arsenal Yards in Watertown.

Alexandria

Harvard, MIT Investing in Biotech Manufacturing Center in Watertown

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A biotech manufacturing center will be created in this building in the Arsenal on the Charles. The Massachusetts Center for Advanced Biological Innovation and Manufacturing is a joint effort between Harvard, MIT, area hospitals and biotech firms.

Harvard University is coming back to the Arsenal on the Charles, this time teaming with MIT, local hospitals and corporate sponsors to create a biotech manufacturing center in the former U.S. Army Arsenal. The new center will be called the Massachusetts Center for Advanced Biological Innovation and Manufacturing, and will be located in 40,000 sq. ft. of a building located off North Beacon Street in the complex.

Business

Biotech Company Moving from Kendall Square to Watertown

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A biotech company currently located in Cambridge’s Kendall Square signed a lease to move into Watertown’s Arsenal on the Charles. Constellation Pharmaceuticals signed a 10-year lease with Alexandria Real Estate Equities, the owner of the complex on Arsenal Street, according to a report on Bisnow. The company specializes in developing novel therapeutics to be used in cancer treatment. Constellation will occupy on 79,000 sq. ft.

Development

Plans for Biotech Building in East Watertown to be Discussed at Public Meeting

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A map showing the proposed location for a three-story biotech building at 23 Elm St. in Watertown. The following information was provided by the Town of Watertown regarding a project at 23 Elm Street, just off Arsenal Street in East Watertown. Elm Street Partners will be hosting a virtual community meeting on November 23rd at 6:30 PM for the review and discussion of conceptual plans and specifics of the redevelopment of the site known as 23-29 Elm Street. The use of the site will be transitioned to research & development/lab-life sciences and ancillary office space with on-site parking.

Business

Tufts Health Plan Leaving Town, Real Estate Investor Taking Over Building

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Tufts Health Plan will leave its offices on Mt. Auburn Street after swapping it with Spear Street Capital for a property in Canton. Shown here, runner gather for the Watertown Police Department’s Finish Strong Road Race. Tufts Health Plan will be swapping its Watertown headquarters for a location in Canton after it merges with Harvard Pilgrim Health Care, and the building on Mt. Auburn Street will be acquired by a real estate investor.