New Life Sciences Co-Working Campus to Help with Lab Space Scarcity
As reported by Philadelphia Magazine
Located on the former site of the GlaxoSmithKline R&D facility in Upper Merion, The Discovery Labs will be a first for the world: the “largest co-working ecosystem for healthcare, life sciences and technology-enabled companies”, say some developers. With the region at a current 2.6 percent lab space vacancy rate, it will provide critical infrastructure needed to operate healthcare, life sciences and technology-enabled companies.
This space enables enterprise-level companies to work side by side with startup and emerging companies and enjoy the benefits of co-working. Tenants will enjoy convenient location, infrastructure, customized space, and numerous amenities. Renovations are scheduled to be completed in the next 18 months, but the facility is already welcoming companies.
Read more about it in Phillymag.com.