The scientific research market has grown substantially over the last ten years and investors are looking at life science now more than ever. Extensive developer research has shown key market clusters in Boston, San Francisco and San Diego leading the way for sub cluster markets like New York and Philadelphia on the East Coast, and Los Angeles and Seattle on the West Coast, to expand their scientific markets into one of fastest growing real estate investment sectors.

Scientific research requires an appropriate environment to conduct experiments, process data, foster collaboration, and inspire creativity. Proximity to potential clients and talent, availability of public transportation, zoning restrictions, and surrounding neighborhoods are intrinsic traits that need to be considered when determining suitable location to build a project.

The configuration of the space can be flexible to accommodate unknown needs of the program, a future tenant or can be targeted towards a specific type of science. One constant in science is that it is continuously evolving.

The needs within the laboratory will change over time and the combination of science and tech is propelling the productivity of the industry thus increasing the need for more space. Starting a lab facility requires an understanding of the scientific research market and industry. Establishing the location and strong collaborative team will allow master planning and programming considerations to foster flexibility in the evolution and growth in this burgeoning market sector.