Tech Park Taking Shape on the Shores of Lake Woodlands
Alexandria Real Estate Equities is redeveloping more than 12 acres in The Woodlands, at a cost of $200 million. Alexandria Real Estate Equities is working with Nurix Therapeutics on a drug discovery…
December 29, 2022
Alexandria Real Estate Equities is redeveloping more than 12 acres in The Woodlands, at a cost of $200 million. Alexandria Real Estate Equities is working with Nurix Therapeutics on a drug discovery and development lab. The lab will take up 20,000 square feet of the 325,000 square foot Research Forest campus.
Alexandria bought the land for $11.9 million in 2020. Alexandria has demolished two of the original four buildings on the site and gutted the other two for a complete rebuild. One new building and a four-story parking garage are also in the plans. Most of the space will be designed for life science companies, but about 30,000 square feet will be speculative.
Based in California, Alexandria specializes in developing and operating life science and technology campuses across the country, including facilities in San Diego, the San Francisco Bay Area, Seattle, Boston, New York City, Maryland and North Carolina.
Mike covers our Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies.
Tech Park Taking Shape on the Shores of Lake Woodlands