33_HATCH happenings_2017

LA Business Journal features a BAM designed project, HATCHspaces, as front page news for its unique adaptive reuse approach to support a burgeoning biotech neighborhood.

BAM’s landmark project has also caught the attention of respected industry organizations, such as the Los Angeles chapter of the Urban Land Institute. As one of the key sites on the sold-out ULI Fall Meeting tour Adaptive Use: Obsolete Industrial to New Economy, HATCHspaces is a prime example of how revitalizing spaces bring new life and industry to a community.

In addition to the Fall Meeting, ULI’s magazine Urbanland highlights the influence of HATCHspaces in the article Building a Bioscience Cluster in East Los Angeles. Co-written by Fiona Lyons of Agora Partners and Tulsi Patel of ELP Advisors and LA Bioscience Hub, the article delves into how HATCHspaces is fostering a local culture of life sciences.

Agora Partners and ASG Real Estate engaged BAM to lead the adaptive reuse of an old line industrial property into the state-of-the-art HATCHspaces Bioscience Facility. Our team is giving special consideration to the market repositioning of the property, combining the varied elements of renovation, ground-up work and technical conversion of the factory and warehouse into a practical and visually exciting space to attract leading scientists and researchers. Currently in progress, HATCHspaces has been highlighted in the news and throughout A/E/C and biotech circles for its community-focused goal of providing the resources for biotech startups to hatch and grow in Los Angeles.