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July 7, 2022

Roe Reversal Seen As Roadblock To Life Sciences Growth In Red States

Life Sciences Owners And Investors Discuss Best Strategies For Joint Ventures July 19

The biotech and life sciences industries, which often struggle to find appropriate talent for their open positions, now face questions about how the Supreme Court's Dobbs v. Jackson Women's Health Organization decision revoking the federal right to an abortion will impact talent pools.

“The life science industry itself really makes a lot of site selection decisions on workforce,” said Patricia Larrabee, founder and president of Facility Logix, a Maryland-based consulting firm that helps clients navigate the life sciences real estate industry. “And if literally half of the workforce is disinclined to be in a state where they have limited rights, it will have an impact.”

Larrabee believes that the states and cities on the wrong side of the expanding wave of abortion restrictions will pay a price when it comes to growing their biotech and life sciences markets, eventually dampening development demand for new labs.

Roe Reversal Seen As Roadblock To Life Sciences Growth In Red States

Any workforce impact of changing laws and restrictions will likely be felt especially hard in up-and-coming markets in red states. A recent report by CBRE underscored just how difficult it is to find scientific talent: Despite growth in graduates and funding, the sector had 0.6% unemployment in April 2022.A significant number…

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Somerville Lab Project Lands Nearly $200M Construction Loan

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Somerville’s spate of life sciences projects will continue after a forthcoming lab development landed a $192.5M construction loan. North River Leerink, a joint venture of developers North River Co. and Leerink Development, secured the debt to continue construction of 100 Chestnut St., a spec development located in the Brickbottom District, which broke ground late last…

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Will Friend, Who Took Bisnow To New Heights As CEO, Passes Away At 33

 

Will Friend, who led Bisnow Media to global status in the commercial real estate industry and became one of its most influential leaders, died unexpectedly Sunday near his home in Wilmington, North Carolina. He was 33.

Friend was the CEO of the company for the last seven years, overseeing its growth to include 650 annual digital and live events in 50 international territories, 11 million news readers and more than 250 employees across the U.S., Canada, the UK and Ireland. During his tenure, Friend transformed the company from a local events business into a multichannel data, events, news and intelligence platform for the multitrillion-dollar commercial real estate market.

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Bisnow Business Manager Remi Karp Embraces Vibrancy Within CRE And Beyond

PRESENTED BY:   Bisnow
 
Bisnow Business Manager Remi Karp Embraces Vibrancy Within CRE And Beyond  

In the commercial real estate world, the East Coast markets of New York, New Jersey and Boston are some of the biggest players around. As the life sciences market boom continues, paired with the growing demand for multifamily and industrial,…

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Q&A With Kimberly Dowdell, AIA’s 100th President — And First Black Female One

Kimberly Dowdell has made history. In June, she was elected the first Black female president of the American Institute of Architects at a virtual meeting. Her election makes her the 100th president in AIA’s 165-year history.

She told Bisnow what impact her role can have on others and said she is energized by her ability to represent the underrepresented, echoing actress Viola Davis' comments about her own mentor that “it is very important to see a physical manifestation of your dreams.”

In a series of virtual conversations, Dowdell reflected on the journey that led her here, the power of representation in architecture and her plans for the future as AIA president.

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