Welcome to Hollywood
Adaptive Reuse of Industrial Property for Biotech Labs
LAEDC’s Carolyn Hull will moderate this case study seminar focusing on converting industrial property into biotechnology uses. Philip Hart of Hart Realty Advisors, Inc. is a biotech developer and his case study will focus on a project begun in 1987 which has led to the creation of Boston's premiere biotechnology business park, BioSquare. Hart and his business partner Marvin Gilmore owned a 50,000 square foot former paint brush factory (Baltimore Brush Company) in inner city Boston's Roxbury neighborhood. This building was across the street from the Fortune 500 technology company Digital Equipment Corporation's (DEC) keyboard assembly plant that Hart and Gilmore developed in 1980 as the anchor tenant in their urban industrial park. In 1987 Hart and Gilmore began a shell and core renovation of the paint brush factory into spec R & D and office space. The Boston University School of Medicine is three blocks away from this building. One day the Dean of the Medical School drove by and saw the activity and approached Hart saying we are expanding and want this whole building for our biotechnology facility. A long term lease was negotiated and this spec project became a build-to-suit project that opened in 1989 with laboratories and office for university researchers and commercial biotech firms, a biotech business incubator, and teaching labs for local middle school and high school students and their teachers. This case study will focus on the development, design, engineering and construction process which transformed this industrial building into a biotech facility.
The second case study to be presented by Brian Spence of BAM Studio will focus on the current effort to convert a 22,000 square foot 80-year old factory and warehouse in El Sereno into a workspace for emerging bioscience and tech companies. Agora Partners and ASG Real Estate are owners/developers of the soon-to-be biosciences workspace called HATCH. Like the Boston case study this is a spec project that is expected to become a build-to-suit project once a biotech tenant or tenants are identified. The idea behind HATCH emerged from the mission of the Los Angeles Bioscience Hub to promote the resources needed for startups and early-stage companies to stay in Los Angeles. The space is to provide multi-tenant office space, conference rooms, shared amenities, and parking to create the work and community environment for these smaller companies to "hatch." This case study will focus on the development, design, engineering and construction of HATCH. These two case studies will also look at how design, engineering and construction technologies have changed over the past 30 years in adapting industrial property into biotechnology uses.