Rendering of the Waterway Labs at 16 Tech facility. Picture courtesy of Cushman & Wakefield
NexCore Group is about to develop a 100,000-square-foot life science challenge in Indianapolis. The $60 million Waterway Labs at 16 Tech improvement is scheduled to interrupt floor subsequent yr.
The five-story constructing will function two areas catering to NexCore’s HATCHspaces platform. The primary, HATCHlabs, is about to be 4 flooring that includes 22,000-square-foot floorplans. The second, HATCHx, will embody eight turnkey lab suites that includes greater than 2,000 sq. ft and 10 leasable single lab suites and workplaces.
The aim-built lab area within the improvement is meant to service each startups and established corporations, offering commencement area for corporations rising out of close by analysis establishments.
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Located at 1206 Waterway Blvd., the challenge is inside 16 Tech Innovation District, a 50-acre know-how campus. The research-focused hub opened in 2020 and hosts greater than 200 life science, well being tech, med tech and innovation-related corporations. Anchor tenants embody the Indiana Biosciences Analysis Institute and the Rising Manufacturing Collaboration Middle.
The innovation hub options three exercise facilities, a meals corridor, a market, in addition to versatile workplace and coworking areas. Greater than 3 million sq. ft of residential and industrial actual property is deliberate to be accomplished at 16 Tech by 2030.
Future campuses of Indiana College Indianapolis and Purdue College in Indianapolis are deliberate within the district’s proximity. Downtown Indianapolis is lower than 2 miles from the event, whereas the Indianapolis Worldwide Airport is a few 15 miles away.
Cushman & Wakefield has been chosen because the challenge’s leasing agent, with Jon Owens and Joshua Graham heading up the project.
Lab area particulars
HATCHlabs area inside Waterway Labs at 16 Tech will assist long-term tenants with versatile suite format choices. It should embody lounge areas, restrooms and a standard chemical waste storage room. The area is designed to function 15-foot, 6-inch clear heights, a 100 per sq. foot reside ground loading capability and a 20 per sq. foot useless loading capability, six outdoors air modifications per hour, an emergency diesel generator, a 20 watt per rentable sq. foot {of electrical} capability and a ground vibration criterion of 6,000 micro-inches per second.
HATCHx will function furnished lab suites, a standard freezer farm and a convention room. Each areas are set to incorporate Biosafety Stage 1 (BSL-1) and BSL-2 lab area assist.
