Friday, October 27, 2006

Developers give new shape to research/development labs - Sacramento Business Journal:

Developers give new shape to research/development labs - Sacramento Business Journal:: "Sacramento Business Journal - October 23, 2006
http://sacramento.bizjournals.com/sacramento/stories/2006/10/23/focus7.html

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Developers give new shape to research/development labs
Genentech, other Bay Area biotech companies are growing vertically on sites
Sacramento Business Journal - October 20, 2006
by Emily Fancher
San Francisco Business Times
Photo courtesy of Genentech
Genentech is looking to double its footprint in South San Francisco by building vertically.
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Biotech companies are going vertical.

Research and development campuses on the Peninsula have been mostly low-slung buildings, but as South San Francisco and its neighbors fill up with aspiring startups and expanding giants, real estate developers are beginning to build up.

Mike Lappen, senior planner for South San Francisco, said the the city is seeing redevelopment of older industrial sites where developers want to build four- to six-story buildings where one- or two-story buildings now stand.

In the past year, Slough Estates has filed to demolish existing one- and two-story buildings at 250-270 E. Grand Ave. and build one three- and two five-story office and res"

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