Boston – Greatland Realty Partners, a Boston-based real estate development firm, announced that construction has begun on Revolution Labs, a new 180,000sf life science lab building in Lexington, Mass.
The development is available for lease and will feature purpose-built laboratory infrastructure, full service onsite amenities, and multi-functional outdoor spaces. Callahan Construction Managers is the general contractor for the project.
Located at 1050 Waltham Street, the property is south of Route 2 in a walkable, mixed-use neighborhood with convenient access to Interstate 95 and less than 15 minutes from Cambridge. The Lexington/Waltham area is well-positioned within the Massachusetts “Super Cluster,” housing some of the most prominent life science, pharmaceutical, and biotech companies in the country. JLL is serving as leasing agent for the property.
“Revolution Labs has been specifically designed for the benefit of the end user, consistent with Greatland’s customer-focused philosophy,” said Phil Dorman, managing partner at Greatland. “Our experienced, multidisciplinary team has created an incredible new opportunity for leading life science companies to expand their physical footprint in a market with extremely limited supply of existing lab space.”
Designed by architecture firm SGA, the development will offer full lab infrastructure with extended clear heights, covered parking with a solar canopy and electric vehicle charging stations, shuttle service to the nearby Alewife MBTA station, an onsite cafe, fitness center, bike share, bike storage, lockers and showers, lounge areas and meeting space, an amenity deck with a fire pit, sport court, and a connection to more than four miles of nature trails along the Western Greenway.
The location also offers walkable access to retail such as Starbucks, Chipotle, and Panera Bread. In addition, the building has been designed to achieve WiredScore Wired Certification along with both LEED and WELL gold-level certifications for environmental sustainability and occupant health and wellbeing.
The JLL team leasing the project includes Managing Directors Jason Fivek and Don Domoretsky, and Vice President Jordan Yarboro. The property is expected to be ready for occupancy in the third quarter of 2022.