{"id":7085,"date":"2022-12-22T09:55:58","date_gmt":"2022-12-22T17:55:58","guid":{"rendered":"https:\/\/wearetaylor.com\/?p=7085"},"modified":"2023-06-30T11:12:06","modified_gmt":"2023-06-30T18:12:06","slug":"tech-talk-greater-los-angeles-life-sciences-boom","status":"publish","type":"post","link":"https:\/\/wearetaylor.com\/tech-talk-greater-los-angeles-life-sciences-boom\/","title":{"rendered":"Tech Talk: Greater Los Angeles\u2019 Life Sciences Boom"},"content":{"rendered":"

By Enrique Ceniceros, Director of Science & Technology <\/strong><\/p>\n

It was a milestone year in 2022 for the Life Sciences community in Greater Los Angeles, as we solidified our efforts to collaborate, learn and thrive as one of the nation\u2019s top life science real estate markets. This was underscored by the first-ever Bisnow Life Sciences Event in Los Angeles, held earlier this month at the future site of Armata Pharmaceuticals.<\/p>\n

As Taylor Design\u2019s Science & Technology Director, and president of the Greater Los Angeles Chapter of the\u00a0International Institute of Sustainable Laboratories (I2SL)<\/a>, I participated in a panel titled \u201cMeeting The Demands Of SoCal’s Leading Tenants: A Deep Dive into the Evolving Needs of End Users and Market Fundamentals.\u201d<\/p>\n

Here are some key takeaways from this event related to the region\u2019s emergence as a life sciences hub:<\/p>\n

Life Science Micro-Nodes.<\/strong>\u00a0Los Angeles\u2019 unique geographical and cultural terrain cultivated the organic growth of multiple Life Science Micro-Nodes. As other major markets are expanding from a single cluster into multiple mini clusters, LA has already established this type of community. This allows tenants the opportunity to select a micro-node that best fits their needs, brand, and culture. Downtown LA, Pasadena, West LA, Ventura County, Orange County and other locations in the region remain ready to serve life sciences tenants.<\/p>\n

Design Matters.\u00a0<\/strong>As developers, brokers and designers, our mission is to provide spaces that will attract and retain the best talent. Creative design leads to innovation, and innovation always leads to success and profitability in this sector. Creating spaces that are inspirational, foster creativity and celebrate the brand and culture of tenants is critically important for all occupants, visitors and the surrounding community.<\/p>\n

Sustainability and Wellness.\u00a0<\/strong>Los Angeles is a global leader in the sustainable and wellness movement. Tenants demand energy-efficiency and sustainability, but they also want spaces that address the physical and mental well-being of their employees. WELL or Fitwel building certification is a growing requirement among prospective tenants and buyers.<\/p>\n

We love LA.\u00a0<\/strong>Los Angeles has the ingredients to be a top Life Sciences Real Estate market, including higher education. All the top U.S. markets are clustered around major research universities, and our exceptional institutions of higher learning nurture and produce some of the top scientific talent in the world. USC, UCLA, Caltech, CSLA, UCI, and UCR are a few that focus on scientific learning and research. These institutions regularly collaborate and share experiences, and are sponsored by some of the greatest private life sciences, pharmaceutical and engineering organizations. Allan Glass<\/a> of HATCH spaces said he believes that Los Angeles is the most collaborative life sciences community in the United States.<\/p>\n

Market Diversity.\u00a0<\/strong>The Greater Los Angeles region is host to some of the most diverse research and manufacturing facilities in the nation. Our landscape includes life sciences, aerospace, food technology, medical device manufacturing, clean technology, transportation technology and many more. This makes our region one of the most diverse and fertile environments for interdisciplinary collaboration and growth. Our cultural, geographical and market diversity offers us the potential to achieve even greater heights as a community in the future.<\/p>\n

Taylor Design was proud to be a sponsor\u00a0of the first Bisnow LA Life Sciences event and to be a founding member of the new I2SL Chapter in Greater Los Angeles. Thanks to Bisnow and all the panelists \u2013 especially Josh Goldman<\/a> of Gemdale USA Corporation, Andrew Gray<\/a> of Karma Biotech, Shaun Stiles<\/a> of Newmark, David Arellano<\/a> of DPR Construction, and moderator David Whelan<\/a> of Bioscience LA \u2013 with whom I shared the stage.<\/p>\n

 <\/p>\n

\"Enrique

By Enrique Ceniceros, Director of Science & Technology It was a milestone year in 2022 for the Life Sciences community in Greater Los Angeles, as we solidified our efforts to collaborate, learn and thrive as one of the nation\u2019s top […]<\/p>\n","protected":false},"author":5,"featured_media":7092,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[824,120,116,1383],"tags":[1374,1381,1378,1377,1379,1380],"yoast_head":"\nTech Talk: Greater Los Angeles\u2019 Life Sciences Boom<\/title>\n<meta name=\"description\" content=\"A recent Bisnow virtual summit featured several panel discussions on the topic of the San Diego Life Sciences market. It was a wide-ranging discussion that covered status, trends, and future predictions for the market sector. 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